Supply Chain Tip of the Week: How to use your supply chain data as a competitive advantage

As the healthcare industry continues to evolve and grow, utilizing your supply chain data will be imperative in realizing your efficiency and competitive goals. 

Hospitals and health systems have considerable untapped potential in logistics management data and analytics, which they could use as a competitive advantage. This includes things like:

  • Tracking progress and success with customized benchmarks
  • Improving demand sensing and data ingestion
  • Understanding and maximizing opportunities to save
  • Identifying potential to increase efficiency in freight
  • Creating and implementing effective cost-reduction strategies

By melding the use of supply chain data with a team-based approach, you'll be able to better drive supplier compliance, track progress and continue to create personalized options as your performance improves and evolves. Then in turn, use that to further grow your facility to its fullest potential!

For more tips on how to utilize supply chain data to your advantage, visit our Supply Chain Center.

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