Having a strong plan in place when it comes to supply chain management is vitally important to your success as a business, to be sure, but also as it pertains to your customer satisfaction. There are several factors involved in crafting an effective logistics plan, including automation, coordination and delivery time.
Lean management principles have been used effectively within manufacturing companies for many decades now, particularly in Japan, with such lean principles being successfully applied to the delivery of healthcare in this country as well, says the Institute for Healthcare Improvement.
The healthcare system that exists today in America is a complex web of contradiction. On one hand, it offers amazing advances in technology and treatment, but on the other, it’s continually overburdened by errors, inefficiencies, resource constraints and other issues threatening the safety and accessibility of patient care.
A value stream map makes it easier to visualize the process that must be utilized to get value to the end customer. Functional teams within your organization can visualize their group’s work and information flow so everyone can see it and have access to it. In turn, they can understand and improve the process flow for creating a particular product or service.
If your company tends to realize growth at or below the market growth rate, it’s likely that you are suffering from a crisis of execution or a crisis of leadership. Either one signals that your business is falling short of its potential.