SCMetrix was developed by AHRMM and the W.P. Carey School of Business, Arizona State University, Tempe, to track the important elements of a hospital’s supply chain from financial metrics and operational indicators to physician engagement and process automation. It includes supply and revenue financial measures of actions already taken and complements the financial measures with operational, organizational and supply chain structure indicators—measures that are the drivers of future financial performance. Also, SCMetrix offers a comparative assessment of a hospital’s best-known supply chain practices. This tool measures the “soft side” of supply chain and correlates a hospital’s performance with managerial capabilities and supply chain infrastructure. The tool allows for a “deep dive” into the complexities of a hospital compared with others in a user-defined peer group using an online dashboarding tool. More information can be found at www.scmetrix.org. Benchmarks are being collected for the first and second half of 2007 with submission of the first half of 2008 under way in September. Through 2008, hospitals can participate with a no-charge subscription. Beginning in 2009, a nominal fee will be charged to cover operational costs.—V.S.D.
This article first appeared in the September 2008 issue of Materials Management in Health Care.
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