Healthcare Supply Chain Management: Opportunities to unlock more value

Dear Reader,

As reform continues to force healthcare organizations to find new ways to cut costs and increase effectiveness, many organizations forget about the processes and supplies needed to keep the business moving. Getting a better grip on managing a healthcare organization’s supply and demand will increase cost efficiency for the organization while also increasing positive patient care.

“The supply chain is the second largest and fastest growing expense for healthcare providers; with only labor costing most providers more”.

One way of tackling the cost issue is through the incorporation of e-procurement systems whereby supplier networks are consolidated and supplier partnerships are created. This form of electronic catalogues will help reduce administration and transaction costs in health institutions.

Priorities are shifting as the healthcare supply chain becomes more complex, with a rapidly evolving channel and distribution. Ongoing macroeconomic and regulatory events are constantly changing the shape of the competitive and operational environment in which supply chain managers make their strategic and tactical decisions.

The increasingly HIGH COST of supplies is one of the biggest problems facing healthcare systems today.   

 

Most respondents anticipate revenue will DECLINE through the next year.

The supply chain is the 2ND LARGEST EXPENSE for healthcare providers, after employee salaries and benefits.

          

Annual waste is highest on  high-value medical devices.

 

Only 1 in 3 hospital decision makers rate the management of their hospital’s overall supply chain as “very effective"

BETTER CARE
OF SUPPLY CHAIN  

 

 

END-TO-END VISIBILITY

The primary obstacle to improving supply chain management is the lack of complete visibility.

2 in 3 hospital decision makers “strongly agree” that improving the effectiveness of their supply chain will:

• Reduce overall costs

• Increase revenue

• Lead to better quality of care

 

Advancements in supply chain technology already widely used in other industries can DELIVER INSIGHT and analytics to support transparent, data-driven decisions.

 

Senior management and decision makers in health system are “likely to invest” in AUTOMATED TECHNOLOGY after learning about the benefits.

Health systems should work to IDENTIFY & IMPLEMENT new ways to reduce supply chain waste and related costs.

 

Join us at the  Africa Health Business Symposium themed “Growing the Business of Health in Africa” which takes place in Nairobi, Kenya on 6th - 7th October, 2016 to explore solutions for supply chain management, regional integration, promoting pro-growth policies and breaking barriers towards increasing the accessibility and affordability of private healthcare across Africa.

Delegates from Ministries of Health, Developmental Partners and Captains of the Industry will converge to further propel effective and true partnerships for better health in Africa. If you do want to make a difference in this wonderful continent, Africa – JOIN US and REGISTER NOW to save your space in the limited slots available.

VIEW EVENT BROCHURE | VIEW THE EVENT AGENDA HERE

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Register Now

As an avid reader we extend this exclusive opportunity to be a part of this summit. 

Registration for any 1 day - $175

Registration for both days - $250

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Unique opportunity to

co-brand our lanyards for only $4,500

Contact us for more details

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To join us in this journey towards Africa Healthcare Federation click here to become a health partner

EVENT PARTNERS

   IFCPhilips

 

  PharmAccess Foundation    Linet Group    

 

               

                                               

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Africa Health Partners

         

         

                     

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Strategic Partners

                    

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Knowledge Partner

                                           

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For more details about the symposium, visit our website: www.africahealthbusiness.com

 To further explore our partnership and exhibition opportunities

contact:

Marloes Bosker - Kibacha

Conference Coordinator

events@africahealthbusiness.com