Significant Figures

A Practical Guide to Unprecedented Cost Savings in Purchased Services

Optimize your third-party services through cost reduction and supplier relationship strategies. Regardless of where your organization is on your purchase services program journey, this book guides you to success within your organization.

Outlined methodologies to optimize third-party spend
Purchased services program diagnostic
Prescriptive, actionable, and realistic applications to implement purchased services improvement strategies
Downloadable guides and resources

OUR GOAL IN WRITING THIS BOOK WAS SIMPLE:

We wanted to help healthcare systems rethink their approach to purchased services management.

Significant Figures demonstrates a meticulous and methodical approach to disambiguate, untangle, and provide solutions to the barriers in purchased services.

Purchased services, a vital part of the healthcare ecosystem and delivery of patient care continuity, make up an average of 15-25% of a hospital’s operating costs. Optimizing supplier relationships, performance, and spend can safeguard a health system’s operations and reduce regulatory risk. However, purchased services optimization has been largely unexplored due to its complexity and magnitude… until now.

Leveraging Conductiv’s proprietary purchased services maturity assessment, Significant Figures couples a diagnosis of your organization’s purchased services strategic efforts with methodologies to optimize third-party spend through prescriptive, realistic applications to implement said strategies.

Discover where your purchased services program lies on the maturity continuum.

Our Resources Packet Provides
Templates, Samples and Worksheets Available to Readers

Award Scoring Template

Track, compare, and determine the scores of your prospective suppliers with this Award Scoring template.

Executive Buy-In Template

This template will guide you through building a case for action and ultimately winning executive support through spend breakdowns, key value factors to calculate ROI, and more.

Conductiv® Contract Expiration Summary Template

Collecting and analyzing AP spend and contract expiration data across all service lines is the first step to overcoming barriers to success.

Job Description: Supply Chain Strategic Sourcing Specialist

Job description for a Supply Chain Strategic Courcing Specialist that includes summary, responsibilities, requirements, specifications, working conditions, and more.

Conductiv® Analytics - Spend Data Collection Template

Collecting and analyzing AP spend and contract expiration data across all service lines is the first step to overcoming barriers to success.

Conductiv® Comprehensive Charter

An award charter establishes criteria for contract awards, which results in the information your stakeholder committee requires to make decisions.

Assessment

Diagnose the sophistication of your purchased services efforts and discover where your program lies on the maturity continuum.

Affirmation of Commitment

This document is intended to formalize stakeholders’ commitment and adherence to the governing process and provide a clear visualization of goals and objectives.

Job Description: General Purpose Category Manager

Job description for a General Purpose Category Manager that includes summary, responsibilities, requirements, specifications, working conditions, and more.

Job Description: General Purpose Category Analyst

Job description for a General Purpose Category Analyst that includes summary, responsibilities, requirements, specifications, working conditions, and more.