The definition and approach to the value analysis process varies widely between organizations. A clearly defined value analysis strategy using evidence-based data helps coordinate the effort among collaborators and aligns the overall strategic vision.
The global pandemic highlights the importance of developing alternative strategies for sourcing critical supplies. Strong relationships between value analysis professionals and supply chain leadership drives smart purchasing decisions and optimal patient care outcomes ensuring long term success and maturity.
Healthcare Purchasing News offered further insight on a variety of professional’s value analysis perspectives, read more here: https://www.hpnonline.com/sourcing-logistics/article/21206445/analyzing-value-during-a-global-pandemic.