Being Intentional with Your Hospital Supply Chain Strategy with Vincent Matozzo | E.7

Data analytics in the healthcare supply chain and how to strategize appropriately.

 

 

In Episode 7 of The Healthcare Leadership Experience, Lisa is joined by Vincent Matozzo, Corporate Supply Chain & Strategic Sourcing Leader at Yale New Haven Health. Together, they explore the need to be intentional with your hospital supply chain strategy.

As Vincent observes: ‘’The ability to be intentional comes from a great foundational data analytics strategy.’’

Today’s episode is sponsored by Invoice ROI™, the only patented purchased services and indirect spend technology to manage, monitor and benchmark line item details. 

In this episode you’ll hear:

Why data analytics is mission-critical to the hospital supply chain, (and why siloed data doesn’t drive continuous improvement outcomes).  The evolution of supply chain, from operating in silos to a supply network. The difference between Lean and Six Sigma principles. ‘’What gets measured gets done.’’ How to manage supply chain strategic initiatives during a pandemic and why every health system must move out of category management, actively react to what’s happening in the marketplace and then deliver. The value of a supply chain peer group (and the advantage of vicariously learning the negative examples). ‘’We all owe it ourselves to change the seven most expensive words in healthcare …‘that’s the way we’ve always done it.’ ‘’ The importance of supply chain to the C Suite – and why the time is now for the supply chain to fill the margin gaps and support the financial sustainability of a hospital or health system. Why healthcare organizations need to adopt foundational approaches to intentional project and program management. Hint: it’s about having and measuring the right tools and impact to continuously improve. The need for a strong performance improvement team and project management group in every health system. ‘’Organizations are great at building sandcastles … but come high tide and the next emergency… we do exactly the same thing, starting from the ground up.’’

Connect with Vincent:

📱  https://www.linkedin.com/in/vincent-matozzo-53b8984a/

 

Connect with Lisa:

📧 lmiller@viehealthcare.com

🖥 https://viehealthcare.com

📱https://www.linkedin.com/in/lisamiller/

 

Check out this episodes sponsor:

🖥 https://viehealthcare.com/category/invoice-roi/