Strategic
Value Analysis®
in Healthcare
Dramatically Improve Quality While Reducing Supply Costs
Did You Know...?
That Value Analysis Was Developed Back In the 1940's After World War II as a Way to Find Lower Cost but Higher Quality Alternative products and methods. This was Due to the Lack of Material Resources At The End of The War.
Savings Beyond Price -Weekly eNewsletter- April 19, 2007
Robert T. Yokl
President & Chief Value Strategist
Greetings!
Did Your Last VA Meeting Give You The Results You Wanted?
Was your last value analysis meeting fun, exciting, lively, creative, productive and profitable? Or, was your meeting boring, tedious, mind-numbing, uncreative, unproductive and a waste of time?
If your meeting was the latter, then you need to re-think what you are doing so you can breathe new life into your value analysis meetings. This new life can begin if you: (i) set quarterly and annual savings goals, (ii) assign project managers to actually do the hard work, and (iii) hold everyone mutually accountable for making savings happen.
These three new ways of doing things will get your teams creative juices flowing so your meetings will be transformed into exciting, fun filled and productive events that no one will want to miss.
Your Partner in Supply Chain Savings,
Robert T. Yokl
President & Chief Value Strategist
P.S. If you would like to know more about how to plan, organize and structure your value team meetings maybe its time you take a look at my “Strategic Value Analysis®: Savings Beyond Price” book to breathe new life into your value analysis team meetings.
5 New Rules For Your Strategic Supply Chain Operational Planning (SSCOP)
“Planning Is The Essence Of Leadership. Without It We All Have A tendency To Go In Every Direction -- But Forward”
I can’t emphasis enough how important it is for supply chain professionals to “get back to basics” by planning their next strategic moves for building their supply chain of the future. Just “winging it” won’t give you the results you are looking for, hoping for or preparing for. Here are 5 new rules to get you started on your strategic supply chain operational planning (SSCOP) process:
Rule #1: Don’t Think You Know All The Answers
Many planning teams start with the premise that they want to fix what’s not working, but ignoring even bigger issues because they haven’t done enough research to uncover what and where their real problems reside.
The Test: Don’t think you know all the answers until you have asked all of the right questions!
Rule #2: Test All Of Your Assumptions With Hard Facts
I remember one client who told me it was impossible for him to have an 80% GPO compliance, when the hard facts told me that he was exceeding 86% now.
The Test: Don’t let anyone’s assumptions trump hard facts, because others’ assumptions are usually wrong!
Rule #3: Get Others To Look Over Your Shoulder
Don’t do your planning in a vacuum. Establish a planning team of customers, stakeholders and experts to do the planning with you. Your outcomes will be near perfect and flawless by doing so.
The Test: If your planning team consists of only your own staff, then who will be looking over your shoulder to help you get it right.
Rule #4: Keep Your Options Open And Unbiased
Don’t let any good ideas or options be overlooked or quickly discarded because of the biases of your planning team. Find out the real reason(s) they want to throw out good ideas and options before they have been vigorously investigated.
The Test: If you are throwing out more good ideas and options than you are keeping, then biases are creeping into to your decision making.
Rule #5: Look Outside Your Industry For New Ideas
The best ideas aren’t usually found in our own industry, so you must look outside our industry to find them. One client of ours attends non-healthcare supply chain conferences where he has found dozens of innovative ideas that he has implemented at his healthcare system.
The Test: If you haven't attended non-healthcare conferences or reading non-healthcare trade journals then you aren’t really getting all of the best ideas that you could for planning purposes.
Planning is the essence of leadership. Without it we all have a tendency to go in every direction – but forward. However, with planning you will save time, resources and money especially if you follow these five new rules to get your Strategic Supply Chain Operational Planning (SSCOP) process off to a good start.
Are new strategies, tactics, tools, and techniques required to dig deeper and broader for supply chain savings?
Supply
Six
Sigma
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