Supply Chain Fundamentals: Introduction to Procurement and Product Value Analysis
Free for Members and Non-Members
Continuing Education: 0.5 CECs
Discover how procurement for hospitals drives cost control, streamlines operations and ensures quality patient care. This course explores key hospital purchasing services, including vendor selection, sourcing, contract negotiation and purchase order management, giving you practical insights to improve efficiency and strengthen supplier relationships.
Overview
Hospital procurement processes ensure timely acquisition of goods, equipment and services critical to operations. How can procurement for hospitals help improve cost control, streamline operations and support quality patient care? This course introduces procurement fundamentals, including vendor selection, sourcing, contract negotiation and purchase order management. Learn how effective supplier relationship management and vendor relationship management strengthen operations and drive health care cost containment.
Learning Objectives
- List the key responsibilities of a hospital purchasing services team.
- Describe what a purchase order is and define three types used in procurement for hospitals.
- Identify special considerations in supplier relationship management processes and vendor interactions.