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Did You Know...?

That Value Analysis Was Developed Back In the 1940's After World War II as a Way to Find Lower Cost but Higher Quality Alternative products and methods. This was Due to the Lack of Material Resources At The End of The War.

Strategic Value Analysis in Healthcare Past Articles

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Supply Utilization Dashboards: How to Educate, Motivate and Drive Results

We are all looking for the best tools and latest techniques to help our supply chain team and our executive management focus on our common goals and objectives.  In so doing, we would greatly strengthen our resolve, mission, communications and thus have ultimate success. 

One of the best ways I know to do so is with DASHBOARDS. This will enable you to educate, motivate and drive results in any or all areas of your supply chain operations. Let me give you an example of how this works.

Most of our Dashboard clients have been trained and EDUCATED their supply chain and VA team members and their direct reports (CEOs, CFOs and VPs) on how to use our Dashboard. This has MOTIVATED them to set goals and objectives together to target their utilization misalignments and then to continuously measure, monitor and DRIVE RESULTS based on the analytics that surface on the Dashboard on a quarterly basis.

Here’s the rest of the story! Our clients tell us that their direct reports regularly communicate with them on how to investigate, uncover and move the ball forward on specific utilization savings projects. For the first time our clients report to us that their CEOs, CFOs and VPs are engaged, enthusiastic and active participants in their savings initiatives. Prior to employing their Dashboard their direct reports werepassive observers of their supply chain and Value Analysis processes.

I’m sure you realize that if you are to be a top performer in your supply chain discipline you will need all of the players (executive management team, supply chain team and VA teams) on the same page. From my empirical experience, this can only be achieved by utilizing dashboards to link these diverse groups into one supply chain management system that can educate, motivate and drive results for your healthcare organization. Your ultimate success depends on it!

 

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