Savings Beyond Price™
Innovative Supply Savings and Quality Solutions That Work
Strategic Value Analysis® in Healthcare
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.
Inside This Issue
Savings Beyond Price -Weekly eNewsletter- June 20, 2007
Robert T. Yokl
President & Chief Value Strategist
Greetings!
Stop Throwing Up Your Hands!
I haven’t met a supply chain professional recently that doesn’t tell me that they are overworked, overwhelmed, understaffed and ready to throw up their hands in frustration with all the multifaceted demands on their time and resources.
Not only do supply chain professionals need to keep their supply chain humming like never before, but they now must find time for technology assessment, value analysis, disaster planning, new building construction buying, charge master updates, cycle inventories, and much much more.
This list doesn’t even factor in the time that is needed to deal with those unplanned emergencies, and foul–ups that need to be fixed. Not to mention the endless meetings that must be attended, and reports that must be written. Oh and let’s not forget dealing with the sales reps that must be met with just to get the job done on any given day.
The solution to getting out from under those mountains of work and drudgery you are faced with now is to lean your processes, speed up your workflow, eliminate your errors and defects, smooth out your variations, automate all of your systems and attack your cost drivers scientifically.
It all comes down to being proactive vs. reactive to get control of you business life.
Robert T. Yokl
President & Chief Value Strategist
P.S. One way to get control of your business life is to look to new cost and quality system like Supply Six Sigma™ to take the work and drudgery out of your business life.
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Beyond The Hype:
What’s Really Important In Supply Chain Management
“Quality, Speed And Low Cost Is What’s Really Important!”
Supply Chain Management (SCM) is a lot like blocking and tackling in football. If a football team doesn’t execute these two things to perfection then they will never win a game. It’s the same with supply chain management. If you don’t have quality, speed and low cost built into operations that are faultless, flawless and defect free then you will never win the supply chain game either.
This perfection won’t happen until you decide to transform your supply chain into a faster, easier, smoother, mistake free, uncluttered, more effective customer driven quality and savings factory. For this reason, any and all decisions that you make regarding your supply chain should be guided by these six tenets.
Quality, Speed And Low Cost Is What’s Really Important!
If you would ask me what is really important in supply chain management it is to provide your customers with quality products that are defect free, along with speedy deliveries that are at the lowest total cost.
And you need to do all of these things at the same time! That’s perfection!
Why? Because your customers want and need a lean, mean supply chain machine that is nimble, quick, agile and cost effective so they can meet their stated mission. If your supply chain isn’t error free then your customers need to spend time solving your defects. If your supply chain is slow, then your customers find themselves endlessly waiting for supplies that are necessary for procedures or tests. If your supply chain is too costly then your customers will be forced to find other ways to cut their budgets.
You Have The Power To Change Your SCM Dynamics
Best of all, all supply chain professionals have the power to link quality, speed and low cost to our supply chain by re-inventing your processes, eliminating delays, and reducing your total cost. These goals can be achieved by focusing on what our customers really want, need and desire in their products, services and technologies and the processes that deliver them.
The good news is that it doesn’t take more money, people power or materials to do so. What it requires is an obsessive dedication to quality, speed and low cost operations. But remember, you need to do all three things at one time if you want to, in fact, achieve the highest level of performance in your supply chain operations.
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