Supply chain tip of the week: Stick to facts not feelings

"Data is a vital asset for improving today's healthcare supply chain. But not just any data. Healthcare providers need access to information that delivers accurate, insightful comparisons of the multitude of products and manufacturers used in their systems in order to help drive cost savings and reduce variation," according to Carola Endicott, Vice President of Services and Operations for Cardinal Health™ Inventory Management Solutions.

She shared the following tip with Becker's Hospital Review:

"Perpetual, automated tracking of med/surg and high value implants and medical devices means usage trends can be identified over time so that purchase decisions can be made on facts, not feelings. Good data also facilitates a better understanding of why certain products may be more preferred than others and helps supply chain get a tighter, more precise handle on quantity so products are ordered only when needed — no more, no less."

If you would like to submit a supply chain tip, please email Mackenzie Bean at mbean@beckershealthcare.com.

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