TRIOSE's Andre T. Davis Sr. Featured in July Edition of HPN
Wyomissing, Pa., March 20, 2017 – TRIOSE's Andre T. Davis Sr. has been interviewed and featured in the July 2017 edition of Healthcare Purchasing News. Davis discussed contractual red flags & different approaches health systems can use to avoid costly tack-on fees.
Contractual red flags are difficult to identify because typically they may be disguised as savings opportunities, according to Andre T. Davis Sr., MBA-HCM, Marketing Manager, TRIOSE Inc.
"One of the most common red flags are stipulations placed on how your organization can obtain free freight," Davis told HPN. "We see vendors offering free freight only if certain dollar thresholds are reached, only if certain items amounts on specific item lines are reached, and only on specific days – some even have these stipulations combined with one another! Perhaps most troubling, we've seen contracts stipulate that punitive fees be charged if many of these same terms aren't reached"
Davis indicated that one term gaining in popularity is "flat fee freight."
"A flat charge for shipping, no matter the amount ordered, is only beneficial if it fits your procurement practices," Davis said. "Spending a flat rate of $35 for a shipment that would normally cost $7 can add up quickly. The good news for supply chain professionals is that with greater visibility, they can impact, avoid and even affect change on many of these stipulations. Finding a partner to help you along the way is paramount to a healthy supply chain for your healthcare organization."
To read more, see the July 2017 Edition of HPN
For more information about TRIOSE’s full-service logistics solutions, visit www.triose.com/solutions.
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About TRIOSE, Inc.
TRIOSE, Inc. is a nationwide logistics management firm specializing in managed solutions for the healthcare industry. Working hand-in-hand with hospitals and health systems nationwide, TRIOSE delivers smart, total logistics solutions customized for each client’s needs; lowers supply chain costs; and drives change for better healthcare in our communities. TRIOSE recently completed a merger with Predicata, East Providence, RI. A healthcare analytics company, Predicata’s SupplyLinQ service strengthens TRIOSE’s portfolio by adding innovative data analytic solutions to help healthcare clients reduce supply cost, mitigate risk, and improve quality of care.
TRIOSE’s logistics portfolio solutions include freight management, large cargo freight, courier management and 3PL consulting. While TRIOSE has relationships with hundreds of carriers and customizes carrier solutions for each of its clients, the company is proud to have a strategic corporate alliance with UPS®.
Privately held since 1999, TRIOSE is headquartered in Wyomissing, PA. TRIOSE is the first organization to be selected as No. 1 on the Greater Reading Chamber of Commerce & Industry’s Top 50 Businesses List for two consecutive years in 2014 and 2015. The company also earned a spot on the 2013, 2014, 2015, and 2016 Inc. 5000 as one of the fastest-growing private U.S. companies. Learn more at www.triose.com