value based supply chain
TRANSCRIPT
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April 15, 2023
Value-Based Supply ChainA case study
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Developing a Supply Chain process
In 2014 Intralign was approached by one of the nation’s largest hospital systems, with over $2 billion in annual supply spend, to assist in vendor consolidation and physician alignment efforts.
With the goal of applying pressure to vendors to reduce cost, Intralign worked to develop a comprehensive, system-wide supply chain RFI/RFP process backed by accurately categorized purchasing data.
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Identified and Developed
• Developed survey to assess owned orthopedic implants and instrumentation and assess active vs dead inventory. Identified usable inventory that could be utilized via inner company transfer.
• Identified over $2.4 million annual savings in orthopedic implants before undertaking consolidation opportunities.
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Deliverables
• Developed & delivered standardized RFI/RFP documentation as part of integrated negotiation preparation strategy
• Analyzed and summarized historic spend data and benchmarks to present succinct strategic summaries for targeted negotiation strategies
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Cost savings
By leveraging the hospital system’s significant size and market presence in a consistent fashion, Intralign helped to identify significant cost savings for the organization and established a proven process for successful vendor negotiations and consolidation. In addition, Intralign’s supply chain initiatives resulted in increased pricing transparency, leading to increased physician-level support.
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For the case study in full go to: http://www.intralign.com/library/case-studies
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