title: Streamlining the supply chain.
abstract: Effective management of the supply chain requires attention to: Product management--formulary development and maintenance, compliance, clinical involvement, standardization, and demand-matching. Sourcing and contracting--vendor consolidation, GPO portfolio management, price leveling, content management, and direct contracting Purchasing and payment-cycle--automatic placement, web enablement, centralization, evaluated receipts settlement, and invoice matching Inventory and distribution management--"unofficial" and "official" locations, vendor-managed inventory, automatic replenishment, and freight management.
authors.affiliation: Supply Chain Transformation Services, Cap Gemini Ernst & Young Health, Chicago, USA. lydon.neumann@cgey.com
authors.forename: Lydon
authors.initials: L
authors.lastname: Neumann
mesh_terms: D000067:Accounts Payable and Receivable; D003284:Contract Services / Q000191:economics / Q000458:organization & administration; D003363:Cost Control; D017598:Efficiency, Organizational; D004865:Equipment and Supplies, Hospital / Q000191:economics / Q000600:supply & distribution; D006750:Hospital Distribution Systems; D006751:Hospital Information Systems; D007445:Inventories, Hospital; D008421:Materials Management, Hospital / Q000191:economics / Q000458:organization & administration*; D011357:Product Line Management; D011682:Purchasing, Hospital; D014481:United States