- Alignment. The supply chain strategy must be complementary to the organization’s mission.
- Executive sponsorship. Most successful initiatives start at the top of the house. COO or CEO endorsement of an integrated strategic model is powerful.
- Cross-functional teams. Supply chain leaders must collaborate with clinical staff and other key constituents to inform the strategic model.
- Measurement. To ensure the strategy is on target, organizations need key performance indicators or other methods to measure results and monitor progress.
- Strategic partnerships. Conversations with trusted suppliers go beyond price to alignment of objectives. In a strategic model, health systems form partnerships with both distributors and key manufacturers.
For more insights on building a strategic supply chain model, visit our supply chain center.