HCA 610 What are some ways building projects will lose without supply chain management’s expertise?
HCA 610 Module 6 DQ 1
In today’s economy, an important measure for a CEO or CFO is the return on assets (ROA). The goal is to maximize the ROA, resulting in reduced operating costs and improved clinical outcomes. Given the direction of reimbursement, a well-run project with positive results could impact a health care organization’s revenue performance. What are some ways building projects will lose without supply chain management’s expertise?
Answer:
In today’s economy, an important measure for a CEO or CFO is the return on assets (ROA). The goal is to maximize the ROA, resulting in reduced operating costs and improved clinical outcomes. Given the direction of reimbursement, a well-run project with positive results could impact a health care organization’s revenue performance.
Supply chain management has expertise in building projects that can help your organization maximize its ROA by helping you avoid waste and overproduction, which can negatively impact your bottom line. For example, if you are building an addition to an existing building and have not planned ahead regarding how materials will be stored during construction, you may end up purchasing more materials than needed or placing too many orders at once. This will lead to higher inventory costs as well as excess time spent waiting for deliveries.
Without supply chain management’s expertise, it’s easy for something like this to happen—but with their help, you’ll be able to avoid these common errors and keep your organization on track toward its goals!
Question:
HCA 610 Module 6 DQ 1
In today’s economy, an important measure for a CEO or CFO is the return on assets (ROA). The goal is to maximize the ROA, resulting in reduced operating costs and improved clinical outcomes. Given the direction of reimbursement, a well-run project with positive results could impact a health care organization’s revenue performance. What are some ways building projects will lose without supply chain management’s expertise?
