Healthcare Supply Chain Technology and Strategy

We are all looking for ways to maximize profit and squeeze whatever we can from our operations. B ut at some point the traditional methods of doing so, hit the wall.  As the expression goes you can't get blood from a stone.  So today we explore some new and innovative ways to keep your company from leaving money on the table. Maximizing those profits so you can not only compete with , but rather blow away your competition.  This excerpt was taken from the TEVA 6-K document with regards to revenue recognition. If you don't know who TEVA is - check out the link  .  Revenue is recognized when title to, and risk and reward for, a given product are transferred to the customer, with provisions for estimated chargebacks, returns, rebates, discounts and shelf stock adjustments established concurrently with the recognition of revenue, and deducted from sales.  Provisions for chargebacks, returns, rebates and other promotional items are included in “sales reserves an...

Ok, so this was stolen from Why You Should Treat Your Mechanic Better , but the same rules apply, and to a large extent they can be applied to any distributor serving their customers tirelessly  day after day.  So the next time you have that customer who isn't treating you the way that you think they should, s hare the blog post and let them see the other side of the coin.  Make sure your customers understand you are partners, and friends. It will make everything better. While most customers engage their IT Guy with courtesy and friendliness, some people insist on treating IT Guys badly, whether it’s constantly calling them for an update on your ticket, or telling them that your uncle’s cousin’s brother-in-law knows the problem better than they do. Regardless of what it is, if you’re one of those people, here are 7 solid reasons why you should treat IT Guys better the next time you go call the help desk. 1. They’re just trying to do their job The few dishon...