Healthcare Supply Chain Technology and Strategy

 Far too often, pricing for distributors turns into a futile exercise in juggling. At any given moment you may be dealing with up to thousands of customers purchasing from your list of hundreds of thousands of products after intensely negotiating their contracts. Mixed with supplier prices, transportation, and other costs, this can lead to razor-thin margins. Add deliberations with your suppliers and wavering inventory turnover rates and it can become too much to handle. Now factor in the multiple technological solutions distributors tend to use to manage their various data elements, such as customer rebates, supplier programs, competitive cross reference files, etc. This creates a cycle of missed opportunities to improve margins and profit. One could make the point that it's likely that you need a real system to help you navigate the complexity of such a pricing model,  but the reality is that when you think about it, Simplicity is complex. Most distributors still adhere to t...

  Across many industries, both business planning and key decision-making are increasingly informed by big data. As pressure mounts to match business operations to the record pace of current, aggressive market innovation, more organizations are looking to base decisions on hard numbers in order to mitigate risk and maximize returns on investment. But faulty interpretation of data invites error in deriving and applying insights. These new risks have created opportunities for the CFO and Finance Teams to collaborate with other members of the company to usher in new ways of working and to obtain a competitive advantage in their markets. One such risk derives from big data failures from information overload and resulting delays in decision making. The successful strategic use of big data requires two steps: deriving relevant insights and then implementing them to create informed strategies. Both of these steps have spawned problems within organizations today.  According to a recent...

We are excited to announce our new partnership with BASYS Processing. They are a family-owned company known for their world-class customer service. BASYS is a leader in the payment processing industry, and they have a proven track record of delivering personal payment processing solutions. Learn why Basys and their approach can make your payment processing simple easy and efficient.  FAMILY OWNED WITH A CULTURE TO MATCH The BASYS company? Our employees. We have built an elite team of hard- working, passionate and fun people who are dedicated to helping make our merchants happy.  No call center. No elevator music. No “press 3 to reach this department”.  Instead, we have a team of high- energy, client-focused individuals genuinely committed to our growing customer base. We achieve this by  fostering an office environment that makes it easy for our people to come to work and enjoy what they do! This partnership will add significant value for our customers, includin...

Building on the old expression , the only things certain in life are death and taxes , we are proud to announce at least one of those has become a little bit easier to handle.  TSH has proudly  partnered with Avalara  to bring you the latest in Tax Compliance Software.  m-15-lr " style="box-sizing: border-box; margin-left: -15px; margin-right: -15px; position: relative;"> col-12 col-md-7 col-lg-7 " style="align-self: center; box-sizing: border-box; flex: 0 0 58.3333%; max-width: 58.3333%; padding-left: 15px; padding-right: 15px; position: relative; width: 682.484px;"> Decrease the high cost and drain on your business Employee time and expertise are expensive Without automation, your tax professionals are probably buried in endless tasks that could be offloaded. Every hour spent on tax managem...