Remove Consulting Remove Contract Management Remove Cost of Ownership
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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

RiseNow’ s Matt Stewart joined consultant Michael Wentling, Owner and Principal, Wentling Consulting to explore the issue in depth. . Total Cost of Ownership, ERP appears to be cheaper, but is it? In addition to all of these benefits, the total cost of ownership of an ERP-based solution is higher.

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Navigating the 5 Steps of the Procurement Journey Part 1

The Procurement School

Areas to consider include objectives, background, scope, constraints, deliverables, timing, approvals, policy and legislative requirements, evaluation criteria and methodology and contract management including KPIs. Tools like the RACI chart, often used by procurement consultants , are invaluable in this phase.

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Evolution of the Status Quo

The Procurement School

Decision-making using Choosing by Advantages (CBA) and that incorporates Total Cost of Ownership (TCO) principals provides customer-centric solutions that pay dividends far beyond initial construction. This collaborative effort ensures that the procurement landscape remains fair, competitive, and cost-effective.