Streamlining the supply chain
Neumann, L.
Healthcare Financial Management Journal of the Healthcare Financial Management Association 57(7): 56-62
2003
ISSN/ISBN: 0735-0732 PMID: 12866156 Document Number: 556686
Effective management of the supply chain requires attention to: Product management--formulary development and maintenance, compliance, clinical involvement, standardization, and demand-matching. Sourcing and contracting--vendor consolidation, GPO portfolio management, price leveling, content management, and direct contracting Purchasing and payment-cycle--automatic placement, web enablement, centralization, evaluated receipts settlement, and invoice matching Inventory and distribution management--"unofficial" and "official" locations, vendor-managed inventory, automatic replenishment, and freight management.