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In today’s economy, an important measure for a CEO or CFO is the return on assets (ROA). The goal is to maximize the ROA, resulting in reduced operating costs and improved clinical outcomes. Given the direction of reimbursement, a well-run project with positive results could impact a health care organization’s revenue performance. What are some ways building projects will lose without supply chain management’s expertise?
Expert Answer
Supply chain Managers play a crucial role for successful completion of a project. Without their active participation in decision making projects may incur more cost through increased time and improper planning.
Layout design of a health care organization is very important for efficient and effective flow of material and leads to enormous cost savings. Supply chain experts bestow their immense knowledge in this aspect.
Now day’s health care organizations are implementing lean management systems, TQM culture for improving their work environment and better customer satisfaction level. Without the active contribution of the supply chain professionals this implementation is not possible. Supply chain management experts also utilize six sigma methodologies for process improvement and problem solving. Organizations save enormous amount of money through this approach and which is directly reflected in their ROI.
SCM professionals help in reducing the operating cost by implementation of standardized products rather than customized products without negotiating with quality and customer satisfaction is given top most importance.
