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Medtronic / Covidien Products / Wound Closure / Suture Rationalization

Making suture procurement simpler.

No pain,
all gain.

"Rationalization reduces redundancy, frees up shelf space, and helps the whole supply chain, all the way up to the end users”1

Sandy Wise

Director, Contracting & Resource Utilization CHRISTUS Health

Everyone benefits from a streamlined inventory.

Our wound closure rationalization program is designed with all stakeholders in mind.

Hospital administration and procurement

SKU rationalization improves supply chain performance, saving time and money.2,3,4

 

It helps to:

 

  • Reduce total costs of supplies purchasing
  • Reduce pricing and ordering errors caused by obsolete products and data2,4
  • Benefit economies of scale by removing redundant inventory items5

Physicians


Physicians’ confidence in their supplies is essential for optimal patient care.6

 

SKU rationalization helps:

 

  • Build surgeons’ experience with a smaller product range1,6
  • Make products easily accessible, decreasing operational times2,4
  • Reduces surgical variation7

Nurses

Nurses are under intense time pressures, which can negatively impact patient care.8,9

 

SKU rationalization helps:

 

  • Decrease time spent searching in stock rooms6
  • Minimize wastage of time and out-of-date supplies
  • Limit product variation, increasing familiarity and efficiency1

Patients

Rationalization increases physicians’ product experience and confidence.1

 

SKU rationalization helps as:

 

  • Physician confidence leads to patient confidence6
  • Smarter resource allocation improves overall care standards

Working with Medtronic can help you reduce costs while maintaining patient  outcomes.

Contact us to find out how we can work together to achieve these significant benefits.
Contact Us

Supply chain is second only to labor costs as a hospital’s largest expense.

Improvements in supply chain performance can reduce supply chain costs by 10–12%5

Download our factsheet to find out more

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Our comprehensive portfolio of effective wound closure solutions is for the full  spectrum of general and specialty procedures.
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References:

  1. SKU Optimization Initiatives Can Create Cost Savings in an Era of Value-Based Care Jan 31, 2019 By Dennis Mullins, MBA, CMRP, Elizabeth J. Persaud, Nicole C. Ferko, Brenda Knight, Debbie Tripodi, and Paul Delatore
  2. Pinna R, Carrus P, Marras F. (2015). Chapter 6: Emerging trends in healthcare supply chain management: an Italian experience. In: Tozan H, Erturk A. (eds.). Applications of Contemporary Management Approaches  in Supply Chains. InTech Open.
  3. Cognizant 20-20 Insights. (2011) A comprehensive approach to application portfolio rationalization. Available at: https://www.cognizant.com/InsightsWhitepapers/A-Comprehensive-Approach-to-Application-Portfolio-Rationalization.pdf.
  4. HOW CLINICAL PRODUCT STANDARDIZATION DRIVES SUPPLY CHAIN VALUE
    By McKesson April 03, 2017
    https://www.mckesson.com/Blog/How-Clinical-Product-Standardization-Drives-Supply-Chain-Value/
  5. Darling M, Wise S. Not your father’s supply chain. Following best practices to manage inventory can help you save big. Mater Manag Health Care. 2010 Apr;19(4):30-3. PMID: 20464855
  6. Zarzuela S, Ruttan-Sims N, Nagatakiya L, DeMerchant K. (2013) Defining  standardization in healthcare. 
  7. Otolaryngol Head Neck Surg . 2020 Feb;162(2):215-219. doi: 10.1177/0194599819885635. Epub 2019 Oct 22. Surgical Instrument Optimization to Reduce Instrument Processing and Operating Room Setup Time Lauren Crosby 1, Eric Lortie 2, Brian Rotenberg 3, Leigh Sowerby 3 Affiliations expand PMID: 31638858 DOI: 10.1177/0194599819885635 https://pubmed.ncbi.nlm.nih.gov/31638858/
  8. New Quality of Work Initiative. (2009) Reducing time pressures in nursing. Available at: http://www.inqa.de/SharedDocs/PDFs/EN/reducingtimepressure.pdf?__blob=publicationFile.
  9. Reiling J, Hughes R, Murphy M. (2008) Chapter 28: The impact of facility design on patient Safety (p.700). In: Hughes RG (ed.). Patient Safety and Quality: An evidence-based handbook for nurses (Vol 2). Rockville, MD,  US: Agency for Healthcare Research and Quality. https://core.ac.uk/download/pdf/71353723.pdf
  10. McKinsey & Company. (2012) Strength in unity: the promise of global standards in healthcare. Chapter 3. Global standards: The system-wide benefi ts to patient safety and healthcare effi ciency. Page 40. Reducing product waste due to obsolescence.