Tag Archives: cost drivers

Medical billing: if you have to ask what it costs…

I enjoyed Tara Parker-Pope’s recent Well column in the New York Times: Getting Doctors to Think About Costs by Pauline Chen, M.D. Dr. Chen opined about how doctors have been typically unaware of how much various procedures, such as CT …

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Supplier Price Increases – Get Creative (Part 1)

In my last post, 9 Ways to Fight a Supplier Price Increase, I listed approaches to handling a supplier price increase. These involved pushing back.  These days, commodity prices may be at the heart of increases. They can be …

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Becoming Lean: Procurement Can Help

I was reading the recent blog post at the Spendmatters:   Beyond Shedding the Deadweight in Procurement and Operations. Instead of just cutting headcount, particularly in procurement, Jason Busch suggests other ways to approach cost reduction. Among the suggestions are: …

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Supply Chain Risk: Complexity Stumps Execs

McKinsey recently published the results of its global survey on managing global supply chains.  To boil down a seven-page article: they aren’t managing the risk.  Or to quote the article: “relatively few respondents…say that their companies are translating the …

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Segmenting the Supply Base for Lean

In a rush of enthusiasm about a lean supply chain, some firms expect that their suppliers will embrace lean with equal passion. Passion for lean can be contagious, but getting suppliers to adopt lean requires much more work than lean

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Lean supply chains and the white spaces

In an effort to flow lean to suppliers, firms are often internally focused. They are concerned with how suppliers can support their needs and tend not to view the situation from a systems perspective. Often it is about what suppliers …

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Supply Chain Cost Drivers: What You Don't Know Can Hurt You

The wastes that are part of lean thinking are well-documented, waste being defined as anything that doesn’t add value to the customer or that a customer would not be willing to pay for. The classic seven wastes in lean thinking …

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