Podcast: Power Supply

Suppliers Managing Suppliers: A Look Behind the Curtain of Manufacturing

Most manufacturers are not making every component of their products and rely on their own suppliers. The number of suppliers can be many and the bill of material can be up to 70-80% outsourced. This is why having an internal framework for managing those relationships and aligning that framework to protect market position and enhance…

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Brainstorming Myths and Missed Opportunities in Healthcare Value Analysis

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl talks about the ups and downs of brainstorming in the healthcare supply chain decision making process: “Other experts have said that there are a lot of bad ideas thrown around in brainstorming sessions and that they should be vigorously debated and then eliminated immediately….

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Inflating The Issue: Managing the Rising Cost of Healthcare

Backorders, supply chain disruption and now Inflation?! We may be worried about the impact of inflation on our daily lives, but what does this mean for healthcare? What can we expect as the hits just keep on coming? David Dobrzykowski, Claudia Rosales, and Andrew Balthrop from the University of Arkansas — Sam M. Walton College…

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6 Unwanted Things that Happen When the Products, Services, and Technologies You Buy Are Put into the Hands of Your Customers

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl talks about why price is the smallest element of your lifecycle cost equation: “Too often when a product, service, or technology is purchased, it is considered a completed transaction by your contract managers once they have obtained the best price, and then it is…

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Adjusting Time: A Positive Outlook on the Future of JIT

Many of us have felt that Just-In-Time is dead thanks to the pandemic and the increasing number of shortages we have experienced, but maybe not! Wade Blom joins Hays Waldrop, Garry Skinner and Justin Poulin to offer up a brighter future for the inventory management strategy that was used extensively leading up to the pandemic….

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Dripping with Positivity: Keeping Patients Informed and Aware

“Healthcare is focused on patient experience and outcomes. We have HCAHPS scores and quality metrics, but these are all at the end of the service line. However, farther upstream, even before a device is delivered to the hospital, there are decisions that are being made that impact those patient experiences and outcomes. How do we…

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What’s Fun Got To Do With It?

How much do you know about the hosts of the Power Supply Podcast? Ever wonder what is going on behind the scenes? Do the hosts even like each other? Find out on this special edition of the Power Supply Podcast featuring the hosts of the show Hays Waldrop, Garry Skinner and Justin Poulin. Tune in…

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The OTIF Motif: A success story for effective supplier partnerships

Partnering with suppliers and developing transparency around KPIs and metrics is a crucial component of many thriving healthcare sourcing strategies. Stephen Downey from the Cleveland Clinic kicks off the third season of Power Supply by sharing his approach to implementing OTIF (On-Time, In-Full). As Stephen mentions in his discussion with Hays Waldrop, Gary Skinner and…

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5 Tips On Establishing Your Own Hospital Supply Utilization Management Program

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl talks about activity based costing (ABC), supply chain training, supply validation, and more: “As hospitals, systems, and IDNs see fewer savings results from their GPO or local new and renewal contracts, more and more healthcare organizations are preparing to launch their own Supply Utilization…

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Master the Art of Measurement in Healthcare Supply Chain Management with These Six Tips

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl provides six veteran tips on measuring your healthcare supply chain with excellence: “I’m sure that most of us have heard the term, “What is measured happens,” but have we mastered this art of determining who, what, and how to measure to ensure our supply…

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