Power Supply

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl highlights some important tips for navigating current (and future) supply chain challenges: "There is a tendency to beat up on your suppliers in challenging times, but your suppliers are having the same challenges you are in the new healthcare economy, such as lower profits, higher costs, and a disruptive marketplace. This is a short-term strategy which can hurt you over the long term when you will need your suppliers most to assist you with managing your patient population. Much better short-term strategies are to join a regional group purchasing organization, standardize on PPI items, increase your GPO compliance organization-wide, and of course knock down the major utilization areas if you can uncover them. ....." Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis

Are you tired of the exhausting manual process of taking inventory? How much waste and revenue loss does your organization experience related to the lack of visibility to expiration dates and lot numbers? The FDA requirements for UDI (Unique Device Identifier) represents a significant opportunity for improving inventory management and preventing revenue loss by reallocating overstock before expiration. On this week's episode of Power Supply, Ashlea Souffrou joins Hays Waldrop, Garry Skinner and Justin Poulin to provide an overview of UDI and identify opportunities to clean up your inventory master lists, reference numbers, descriptions and reduce the human effort required to achieve best practice in the midst of a talent shortage in supply chain. We hope you can join us!

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#UDI #Inventory #Revenue #ExpiredProducts #UniqueDeviceIdentifier #FDA #DataCapture #AIDC #referencenumbers #Barcode #MedicalDevice #GUDID #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl shares three tips for monitoring key performance indicators (KPIs) of your projects: "It's been our experience that the most important factor in the selection of your core project team membership (the people who get things done on time and on budget) is that they must be "agents of change." They then can seek out customers, stakeholders, and experts to fill in their ranks who have the necessary knowledge and expertise to allow them to successfully complete their assigned task. This might seem like a strange or foreign team structure to you, but we have found over the years that heterogeneous vs. homogenous project teams work best to make lasting change happen....." Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis

Value Analysis workflows have been managed manually for far too long. Has your organization adopted technology to better manage the process and break down the silos within the supply chain? Stephen Kinsella, Owner of the Data Leverage Group joins Justin Poulin to share his success with helping supply chain automate value analysis by codifying the workflows within the VAMS solution. Stephen also shares his secret sauce for research and development to ensure that the technology continues to evolve based on the needs of the clients that are utilizing VAMS and participate in regular user group meetings.

Be sure to download the Power Supply Media smart phone app for either iPhone and Android so you can access bonus content that we have available for this episode. Also visit their website: https://www.dataleveragegroup.com/ or find them on Linkedin: https://www.linkedin.com/company/data-leverage-group.

#valueanalysis #dataleveragegroup #automation #workflow #VAMS #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

What makes sourcing pharmaceuticals different from other categories within the healthcare supply chain? Shortages have placed stress on the system that require healthcare organization to look for substitutes and alternative suppliers. Not everyone understands the underlying causes of these shortages and while the industry has always dealt with shortages there are also newer challenges that may have not been faced in the past. Greg Chavez joins Hays Waldrop, Garry Skinner and Justin Poulin to provide an overview of the nuances to sourcing pharmaceuticals and offer up his insight into a changing landscape related to regulation, manufacturer mergers and the pandemic. We hope you can join us!

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#pharmacy #pharmaceuticals #regulation #substitutes #shortages #healthsystem #disruption #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

On this week's episode of Power Supply Articles On-the-Go, Bob Yokl talks about the importance of "objection busters" for your hospital's VAT: "One example is a COO who, after a value analysis team meeting where he was their champion, cornered doctors in his hospital's hallways to discuss why they turned down the opportunity to save money on pacemakers. And believe me, they had better have a good reason for not accepting positive change or he would counter their objections one after another...." Tune in for the full article! Loving the #PowerSupply conversations? You can now download our free mobile app: Apple: https://zcu.io/sx2h Android: https://zcu.io/xJSJ And listen at: iTunes -> https://zcu.io/3Zef Spotify -> https://zcu.io/eBXx Stitcher -> https://zcu.io/2gMi Amazon Podcasts -> https://zcu.io/Xo2S Google Podcasts -> https://zcu.io/O8SY #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #ValueAnalysis

How do you move beyond price point in large scale negotiations? What level of emphasis should benchmarking have in the process and how should data be leveraged to ensure physician and clinician alignment? How do you identify what the market can bear and prevent an inflated market, especially considering the raw material shortages influencing the market today? On this week's episode of Power Supply, Brad Forth, VP of Sourcing and Vendor Management at SSM Health joins Hays Waldrop, Garry Skinner and Justin Poulin to share his supply chain experiences before moving into healthcare and offers some tips and insight around navigating system wide sourcing initiatives.

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#negotiations #largescale #rawmaterials #shortages #healthsystem #disruption #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

It's no secret that the global healthcare supply chain has experienced unprecedented disruption over the past 2 years. While many of the issues are domestic, these same issues also exist in other countries around the world. How does the United States compare to other countries and what trends are emerging such as "near shoring"? On this week's episode of Power Supply, we speak with Sven Schürer, Director Business Development Logistics at JLL, to tap into his global supply chain experience and outline the international conversations happening in our industry which are trying to find answers to these seemingly insurmountable challenges. This is one conversation you're not going to want to miss!

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#global #disruption #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

Coordinating all the internal stakeholders through your healthcare organization can be a daunting task during contract negotiations. Keeping the team engaged and aligned can be difficult enough, but does everyone have clear visibility to the data throughout the process? Preparation is critical to success, but a big piece of that preparation has to do with developing the supply chain talent in your organization. What is being done today to provide training and competency evaluation? On this episode of Power Supply, Hays Waldrop, Garry Skinner and Justin Poulin sit down with Beth Fisher-Yoshida, CEO at Fisher Yoshida International LLC and Rodney Erb, CEO at TruVue Analytics to discuss common gaps and the opportunities that exist when it comes to team alignment, physician engagement, change management and most importantly communication. We hope you can join us!

#contracting #contractnegotiations #negotiation #physicianengagement #engagement #changemanagement #teamalignment #competency #skilldevelopment #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing

These days it seems like you need a crystal ball to write an IT contract that will remain relevant for the next 3-5 years. How could you possibly anticipate the next cyber threat and the corrective action? Could you sit down with your CIO and produce a complete list of vendors who connect to your healthcare organization's network? If not, then this episode of Power Supply is for you. On this episode, Hays Waldrop, Garry Skinner and Justin Poulin sit down with Diane Carco, President of Swingtide to talk about the differences between Supply Chain and IT and what information you need to ensure that you have better information in your negotiations.

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#IT #cybersecurity #cyberinsurance #InformationTechnology #Technology #SLAs #software #PowerSupply #Podcast #Education #SupplyChain #Healthcare #Purchasing #Contracting #Strategic #Sourcing