Quality purchasing and utilization data is key to identifying which products and componentry are ideal candidates for standardization. Data analytics can be used to improve your standardization efforts by:
- Ensuring your program is aligned with your facility’s volume and case mix. When it is, you can improve both efficiency and your bottom line.
- Identifying potential cost savings and standardization opportunities
- Aligning inventory levels with utilization history, which can lower inventory carrying costs and improve efficiency
Let data analytics identify which products should be and can be standardized. Validate your data analysis with feedback from clinicians and materials managers. Then, align as a team on engagement requirements and create a unified plan of attack.
To optimize your supply chain, explore these resources, insights and services.