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Significant savings unlocked

Clinical and non-clinical staff at The Rotherham NHS Foundation Trust (TRFT) have come together to deliver a 23 per cent saving, equivalent to over £800,000 per annum, via a large-scale review of how products are sourced, bought, and managed, within the orthopaedic department.

The Trust’s Procurement Team, working closely with the clinical director and the department, have made savings ‘by building strategic relationships with suppliers to leverage spend, benchmarking prices against national frameworks, and improving stock management’ – all part of a wider procurement cost reduction programme that procurement consultancy, Inverto, has supported the Team in delivering. Ian Carmichael, clinical director and consultant orthopaedic surgeon, said: “The number of suppliers and items has been reduced, and my team now has a clear picture of the costs of routinely used products.” Richard McIntosh, Inverto’s UK MD (pictured), said: “It was clear, in key stakeholder discussions, that there was limited understanding of the impact the way products were being selected and sourced was having on cost per procedure.”

 

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