Supply chain tip of the week: Avoid hidden costs in prepackaged supplies
"When hospitals purchase prepackaged supplies, they are not only paying for the cost of the supplies included in each pack, but also for the packaging materials and the fees associated with putting it together," says Tom Fox, a managing director at healthcare consulting firm Novia Strategies.
He shared the following tip with Becker's Hospital Review.
"While prepackaged supplies are commonly perceived to be more convenient for inventory control and preferred by the end-user, their hidden costs can add up significantly. Hospital supply chain managers can avoid these costs by internalizing bundling processes and examining the usage of prepackaged supplies for procedures in interventional areas, custom trays and kits used across every unit, as well as admission packs for new patients. The hidden costs of prepackaged supplies may not be apparent to even the most cost- and resource-conscious clinicians or finance teams, as they will not directly appear on invoices, but they will impact the bottom line."
If you would like to submit a supply chain tip, please email Mackenzie Bean at firstname.lastname@example.org.
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