LOGICSOURCE TO HELP REDUCE NON-CLINICAL EXPENDITURES
As hospitals nationwide face funding cuts, policy changes, and supply chain disruptions, healthcare executives need mitigation strategies. LogicSource is working with Stanford Medicine to identify and capitalize on previously unharvested areas for savings, using cross-industry spend data and category expertise to recoup funds.
"Supply chain is a critical, yet often overlooked, function of healthcare delivery. At Stanford Medicine, we pride ourselves on being leaders and innovators, finding new ways to solve problems, boost efficiency, and improve outcomes," said
LogicSource is changing the way health systems approach procurement. The supply chain leader incorporates best practices from outside industries to help healthcare buy better, renegotiate contracts, minimize risk, and improve operational efficiency for non-clinical goods and services.
"LogicSource's footprint in healthcare has grown significantly this year," said
This collaboration comes as LogicSource celebrates its single-year new business record. Additionally, the firm has earned multiple recognitions from Modern Healthcare, Inc., Financial Times, Supply & Demand Chain Executive, Boston Globe, Statista, Everest Group, and Spend Matters.
About LogicSource
The innovative leader in procurement services and technology, LogicSource is purpose-built to drive profit improvement, mitigate risk, and ensure supply chain continuity through better buying. LogicSource focuses exclusively on the sourcing and procurement of indirect goods and services, which typically represent 20% of an organization's revenue and the area of greatest spending inefficiency. These complex categories include marketing, packaging, corporate services, facilities, information technology, distribution, logistics and more, for which organizations often lack the capacity, focus and scale to achieve best-in-class buying. By combining decades of sourcing and procurement expertise, superior market intelligence, cross-portfolio spending leverage, and their OneMarket® Source-to-Pay technology, LogicSource executes customized solutions that deliver immediate savings and sustainable value. For more information visit www.logicsource.com.
Contact:
Erica Olenski
[email protected]
678-504-6786
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SOURCE LogicSource
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