Optimizing the Healthcare Supply Chain: Applying Performance Management Capabilities to Supply Chain Management
The business value of visibility into a healthcare organization's supply chain is simple: cost containment and optimization of performance. It leads one to take action on recent information, and it creates a common context for decision-making across every department and at every level. Planning and Business Intelligence (BI) are an integral part of performance management. These capabilities help one see what's going on in terms of operations, supplier processes and costs, while the organization gains the capability, visibility and intelligence to build an efficient and patient-focused supply chain. Planning and BI provide the insight the organization needs to optimize the supply chain - so one can anticipate problems before they happen, understand the reasons behind results and improve performance.