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S U P P L Y C H A I N
M A N A G E M E N T
Plugging the Leaks in Your
Spending Bucket
9 ways to reclaim tens of thousands of dollars in lost savings on supplies
and services.
Barry Denny, CSFA, OPA-C | Kernersville, N.C.
During my 25 years working on materials management for medical and surgical
facilities, every facility I ever dealt with had significant leaks in its spending "bucket" for supplies and services. These leaks routinely amount to tens of thousands of dollars in lost
savings that the owners and operators aren't even aware of.
To find more spending leaks, you have to be willing to make a thorough assessment of operations, as you will see in the following 9 items, which illustrate some commonly undetected leaks. Each item is followed by an example of savings realized by a specific client of mine after we'd identified and plugged up the leak.
