Mr. Lawrence shared the following tip on the company’s blog.
“People often believe they don’t need to approve orders before they’re submitted – that approving an invoice does the same thing. But shifting approval to the front of the purchasing process can drive significant savings, as you start reducing orders for products not yet needed. [For] example, an approver may know there’s more product in the nurses’ closet or a sister facility is overstocked with a particular item. This step helps avoid overspending.”
If you would like to share a supply chain management tip to be featured, please email Angie Stewart at astewart@beckershealthcare.com.
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