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Find out how to solve healthcare's $5 Billion inventory waste problem today. Then get back to the ridiculous gifs we found this week. 

Five To Save | Is Your Leadership Learning Fast Enough? Are You? | Jul 30, 2018

7/30/2018

The Z5 Piggy Bank in a Safety Helmet at K1 Speed.

Leadership in healthcare, like in any other business, is a race, and everyone is jockeying for a better position. 

But the thing about positions - even in the C-suite - is that anyone can have them. And if you're not constantly speeding ahead, you might get passed up by someone who is.

There's a bevy of survey data to sort through this week, all directly related to what the C-suite and other leadership positions can do to improve (and, therefore, keep their jobs). A big part of that is focusing on that all-important "care" half of "healthcare." Is your organization doing enough to make sure your care is as advanced as your tech? 

Let's dive in.

  1. CNBC put together this interesting look at what an Amazon Prime Day for healthcare might look like. (We promise you it'd be worth more than a billion dollars.)
  2. Is your organization measuring your relationship with your customers? The vast majority are not. (You know how you're never supposed to read the comments section on any website, because there's nothing actually helpful down there? That rule applies here.)
  3. You might not be paying attention to customers because you - and your C-suite - are too obsessed with cutting costs.
  4. And that fixation on cost-cutting might keep the C-suite distracted from improving the supply chain. Improvements which, of course, improve the bottom line.
  5. What does your leadership team know about what we talked about last week - namely, how to react to data breaches, especially in the supply chain?

Bonus! Here's some happy news from one of our happy clients, Mercy Health, about how they reduced waste in their supply chain. We're happy to say that our solution is a part of theirs.

 

That's it for this edition! PLEASE comment below, email us back, etc. Tell us what you liked. What was helpful. What you’d like to see more of.

 

Headline photo by Z5.

Topics: technology, physical inventory count, selling medical inventory, inventory valuation, healthcare, supply chain, inventory, newsletter, supply chain management, medical supply, five to save, digital supply management, c suite, leadership, survey data, healthcare inventory, buying medical inventory

Alex Diamond

Written by Alex Diamond

Raised in the armpit of East Texas before escaping to the civilization of Austin, Alex is an author and former radio/podcast personality. If you ever run into him, ask him about the day he split his pants in front of the Lone Ranger.