Mastering Supply Chain Efficiency | Medical Monday - Ep 86
Medical Empires16 Sep 2024

Mastering Supply Chain Efficiency | Medical Monday - Ep 86

In this episode, we'll dive into optimizing your supply chain across multiple locations—a crucial topic for any growing business. I share how we established standard operating procedures for ordering, which streamlined processes as our business expanded. One of the key steps was going directly to vendors and negotiating for a corporate representative, making the ordering process seamless across all locations. I provide an example of how we worked with Allergan to solve issues with multiple reps, leading to a unified system that improved efficiency and reduced errors.

You'll also hear about the importance of inventory management, with weekly checks ensuring each clinic has everything needed to operate smoothly. I emphasize how, as your business grows, you'll want to negotiate vendor pricing, but remember—you can't save your way to success. It's all about smart selling and scaling while keeping costs down.

Welcome to The Spinoso Podcast hosted by CEO, doctor, comic book geek, and car guy, Alex Spinoso. I help people and companies grow - especially in the medical business. While my experience and expertise is in scaling all types of medical businesses to 7, 8, 9-figures or more, I can be a mentor to anyone who wants to take ownership of their lives, become a better leader at home and at work, and overcome any obstacle that stands in their way.

(0:00) - Intro

(1:07) - Optimizing across multiple locations

(3:30) - You can't sell your way to a million dollars

(3:50) - Inventory

(4:30) - Conclusion

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