Here’s a tip Ms. Ehrlich shared with Becker’s ASC Review:
“Routine metrics should cover financial and operational effectiveness, but it is also important to include metrics that can lead to opportunities for improvement and innovation initiatives. For example, include measures that would show if freight was reduced when orders were placed every Monday and Thursday versus randomly,” she said. “Report on the number of SKUs managed, and trend that number when undertaking product standardization to show the decrease in SKUs.”
More articles on supply chain:
Bausch Health pays off another $76M in debt — 4 insights
4 benefits of decreasing your SKU count
ASC supply chain tip of the day: Find your ‘supply chain champion’
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.