Podcast: 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,…

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…

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…

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…

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…

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…

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl shares solutions for the little leaks and big outflows that may be happening around your health system: “No longer can we sit by and watch our hospital’s supply expense leaks get bigger and bigger. We need to plug them now, so we can help…

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…

On this week’s episode of Power Supply Articles On-the-Go, Bob Yokl shares some key strategies for creating a sustainable savings pipeline for your health system: “[I]t’s time that we focus our healthcare supply chain efforts on the development, enhancement, or refinement of our supply chain expense management systems to ensure that we are capturing all…