Benchmarking Metrics That Make Sense

Description:

Every organization has a variety of internal and external benchmarks at their disposal. It is easy to get lost in the data, thus it is necessary to determine what metrics to utilize and how they can affect and guide your organization. Metrics need to be practical for each individual provider, and the supply chain must choose its measurements and comparisons carefully.

In this webinar, we discuss meaningful benchmarking and explore several scenarios, useful metrics, and variation considerations to help make appropriate decisions that can improve supply chain performance.

Learning Objectives:

• Identify which supply chain metrics align with your organization and department goals and can lead to improvements.
• Determine the group to which you should compare your metrics: GPO metrics, other organizations, industry leading practices, etc.
• Communicate the variances in your metrics with industry leading practice or other organizational benchmarks.

Presenters:

• Kelli McRory — Director of Clinical Strategic Sourcing, Jefferson Health
• Stewart Layhe — Director of Support Services and Supply Chain, Denver Health