Comparing the state of supply chain management in hospitals today to how it was 10 – 15 years ago, makes it clear the industry has done tremendous work in reducing costs. While progress has been made, there is still much work to be done.
For example, a recent industry report indicates there is an estimated $25 billion being unnecessarily spent in supply chain in hospitals throughout the U.S.
There are many reasons why the cost reduction opportunity remains high industry wide. However, the scope of this article is to provide specific ideas and areas to look in your organization to further reduce costs.
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