MIPRO Consulting Featured in Becker’s Hospital Review
Posted: July 1, 2014
The sheer logistics of operating a modern healthcare facility are daunting. From the most expensive medical devices to the vast array of paraphernalia (medications, syringes, bandages and various medical instruments) required to provide comprehensive care, hospitals procure, store, utilize and dispense an extraordinary quantity of specialized material and equipment. It is an extremely complex supply chain with many diverse links.
In fact, supply chain costs are one of the biggest expenses in any hospital’s budget. At close to 40 percent of the operating budget for some institutions, the supply chain represents the second largest expense after labor costs. Because the supply chain occupies an outsized space on the balance sheet, implementing more effective inventory management strategies and improving supply chain performance can have a significant impact, with reductions of 10-12 percent possible with even moderate supply chain improvements.
MIPRO Consulting’s PeopleSoft Practice Manager Roland Bulvilofsky recently contributed an article to Becker’s Hospital Review. The feature entitled, “Efficient Supply Chain Management Presents a Range of Benefits for Healthcare Institutions”, provides best practices for healthcare facilities seeking to fully leverage their supply chain software.
To read the full article, click here.
If you have any questions about PeopleSoft Supply Chain Management for your Organization, please don’t hesitate to contact MIPRO, or reach out directly to Roland.
