Supply Chain Tip of the Week: Supply Chain Resiliency in COVID-19: Impact Purchasing Commitment

As discussed at The Association for Health Care Resource & Materials Management (AHRMM) 21+ virtual conference on September 14-16th, the current state of the health care industry’s supply chain has shown the importance of increasing your supply chain’s resiliency.

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Many are achieving this through the “Impact Purchasing Commitment,” which includes social equity, environmental protection, and economic impact. “Impact Purchasing Commitment” has the ability to help smaller organizations fulfill responsibilities to serve large markets. This helps facilitate healthcare organizations’ responsibilities to their community. It’s imperative to set goals, introduce metrics to measure progress and leverage purchasing power to build healthy, equitable and sustainable economies. In fact, by targeting spend in our communities to address economic and environmental discrepancies, we can positively influence health outcomes. Working closely with suppliers can help tailor them for your needs, which improves overall value for your company and the communities you serve.  

For more insights on supply chain resiliency visit our supply chain center.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

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