Hospital Supply Chain

In hospitals deciding between financial fidelity and inventory accuracy is like flipping a coin

In hospitals deciding between financial fidelity and inventory is like flipping a coin. This is probably true of every hospital in Australia. The Western Australia General’s Audit Report 2 on medical consumables in hospitals found that hospitals procure materials well but do not know if the items purchased are still in the hospital, have been […]

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Hospital Marketplaces: Harnessing Network Benefits and Creating New Revenue Sources

Many patients I have spoken with think that because hospitalisation in Australia is so expensive hospitals are price gouging. Those that work in hospitals know this is far from true. As Dr Simon Woods said at a conference in Sydney in 2014 when he was the Executive Medical Director at Cabrini Health, Malvern, ‘Hospitals are […]

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How hospitals can integrate value for everybody

In ‘Linked: How everything is connected to everything else and what it means for business science, and everyday life’ Albert-László Barabási says that traditional businesses struggle with diminishing returns. New Age Businesses, in contrast, are constantly growing and reap increasing returns. This is a new phenomenon that leaders need to understand. New Age Businesses are […]

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These are troubled times. Does your hospital have what it takes to create a platform?

Compared with traditional businesses, most platform businesses have thrived during the covid pandemic. Hospitals have all the elements to become platforms, all they need is an access point, a data-centric model and leaders to take the initiative. How are traditional businesses different from platforms? Traditional businesses own or lease all their assets so that they […]

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With the COVID-19 Demand Disruptions 3rd Party Logistics has gained, can hospitals gain too?

Rob O’Byrne from the Logistics Bureau and Saul Resnick, CEO Australia, New Zealand, & CEO Healthcare APAC at DHL Supply Chain, spoke about the impact of COVID-19 crisis on the supply chain environment for 3rd party logistics providers. Logistics providers have grown stronger from the crisis, however, will the internal hospital supply chain grow stronger […]

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