Health & Medical Question

Health & Medical Question

The objective of supply chain management has been to deliver the right item to the right place at the right time at the lowest cost. 

SUPPLY CHAIN MANAGEMENT ASSIGNMENT INSTRUCTIONS

OVERVIEW

The objective of supply chain management has been to deliver the right item to the right place at
the right time at the lowest cost. Healthcare refers to this as a value-based concept which is
critical in advancement of the quality of healthcare delivery. Group Purchasing Organizations
(GPO) have been formed to collectively impact the negotiations by volume for pricing, discounts
and rebates with manufacturers, distributors and vendors to maximize their financial capacity.

INSTRUCTIONS

In a 500-word paper (not including the title page and reference page) using current APA format
answer the question of “Why is supply chain management about much more than merely cost
reduction?”

Answer preview the objective of supply chain management has been to deliver the right item to the right place at the right time at the lowest cost. 

710 words

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