Supply chain success:Achieving efficiency gains
Reducing supply chain costs is not limited to product pricing—efficiency gains can also cut costs.
Key components of efficient supply chains include getting the right supplies to the right place at the right time, as well as purchasing processes that are centralized and automated. Efficiency gains lower acquisition costs for supplies, but there are significant challenges. Efficiency gains should be measured, and they come with higher degrees of complexity, analysis, and coordination than pricing deals. In addition, investing in supply chain efficiency raises several considerations, including trade-offs between technology, process improvements, and staffing impacts.
Download our Roundtable Report to uncover the latest strategies of standardizing supply chain systems, limiting waste of perishable materials, and working with clinical team partners.