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Overview

The objective of supply chain management has been to deliver the right item to the right place at the right time at the lowest cost. Healthcare refers to this as a value-based concept which is critical in advancement of the quality of healthcare delivery. Group Purchasing Organizations (GPO) have been formed to collectively impact the negotiations by volume for pricing, discounts and rebates with manufacturers, distributors and vendors to maximize their financial capacity.

Instructions

In a 500-word paper (not including the title page and reference page) using current APA format answer the question of “Why is supply chain management about much more than merely cost reduction?” Support your positions with at least two peer-reviewed articles.

· Length of assignment – 500 words

· Excluding title page/ Cover page and reference page.

· APA Format

· Number of citations:

· 2 peer-reviewed, scholarly references and 1 instance of Biblical integration.

· Acceptable sources

· Scholarly articles published within the last five years

Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.