The aged care 5-star rating system in Australia can have a major impact on providers. This article looks at the factors influencing 5-star rating in senior care facilities, quality improvement strategies for a higher 5-star rating, and highlights best-in-class technology to enhance 5-star rating in aged care.
A deficit or bottleneck in one area of the procurement process will impact other areas, and ultimately increase the cost of doing business. Combining digitalisation and automation via an ERP system allows procurement to become a strategic function that adds value, enhances customer satisfaction, and drives business growth.
An ERP system breaks down communication and collaboration silos. And when everyone is working together sharing information and resources, they can achieve better business results.
A business’s ability to embrace a strategic and systematic approach to sourcing goods and services results in many advantages. But how do you know if your business is ready to take purchasing to the next level and embrace a procurement mindset? And, how does procurement technology fit into the picture?
Procurement thinking is a strategic approach to sourcing and procurement that focuses on the entire supply chain rather than just the purchasing process. With this approach businesses can transform their sourcing and procurement operations for greater value creation and innovation.
