Supply Chain Management Review While not always in the spotlight, supply chains and supply chain leadership have long held an important role in company growth and maintaining competitive advantages. A recent article from Supply Chain Management Review offers perspective on this topic from Luc Reynaert, chief product supply officer at P&G. From quality assurance to product availability, supply chains play …
Healthcare Supply Management – A Physician’s Perspective
McKinsey & Company Economic pressures continue to create challenges across American healthcare, requiring professionals throughout the industry to develop agile solutions in the face of rising costs, labor shortages, limited revenue, and beyond. From supply chain teams to care providers, each sector of the healthcare industry is addressing these ongoing challenges in novel ways. As reported in a recent article …
Personal Lessons in Strategic Sourcing
Institute for Supply Management Reflecting on experiences as a care recipient in the US healthcare system, veteran supply chain executive Ji Li’s recent article for the Institute of Supply Chain Management draws parallels between the challenges faced by patients and professionals. Applying the strategic thinking of supply chain management to the uncertainty faced by many patients, Li offers insights about …
How Healthcare Supply Chains Manage Tariff Challenges
ECRI In the wake of market uncertainty surrounding tariffs and other global trade dynamics, unforeseen supply chain challenges have professionals in the healthcare industry seeking creative solutions and mitigation strategies. A recent article from ECRI examines some of these mitigation strategies, from identifying functional equivalents to diversifying suppliers, with a particular focus on employing a multifaceted approach that incorporates numerous …
Streamlining Medical Inventory Management with RFID
American Hospital Association RFID technology remains an important part of supply chain and inventory management across the healthcare industry, but a recent article from the American Hospital Association highlights methods for employing RFID in new ways. Because RFID tags allow for tracking inventory en masse (as opposed to individual barcode scanning), healthcare facilities are using the technology to monitor crash …
The Critical Role of Healthcare Procurement
BW Healthcare World Procurement is a key driver of healthcare quality, directly impacting patient outcomes and operational efficiency alike. A recent article from BW Healthcare World looks at this essential piece of the healthcare industry, noting the complex nature of procurement efforts and the challenges faced by those responsible for them. From patient safety and regulatory compliance to costs and …
Filling Gaps in Medical Equipment Supply Chain
biz2credit Unforeseen events can cause disruptions in medical equipment supply chains, as evidenced by the COVID-19 pandemic, hurricane Helene, and beyond. In these times of crisis, essential medical equipment is in high demand, yet the supply chains providing such equipment face crisis-related challenges that further complicate the medical care landscape. A recent article from biz2credit offers tactics for filling possible …
Blockchain in Medical Supply Chain
nasscom As the healthcare industry continues to rely on advanced technology, blockchain has emerged as a transformative opportunity for medical supply chains to both improve efficiency and combat issues around counterfeit drugs, data breaches, and beyond. In a recent article from nasscom, the authors outline the numerous benefits blockchain could bring to the healthcare industry and medical supply chain, and …
Medical Device Supply Chain Needs Automation
Supply Chain Brain A recent article from Supply Chain Brain highlights comments from Todd Martensen, chief commercial officer with Ascential Medical & Life Sciences, about the need to embrace automation in the medical device manufacturing supply chain. Citing challenges from his decades-long career in the industry such as changing labor costs, the costs associated with re-shoring device manufacturing, and sheer distance …
Hurricanes Disrupt Healthcare Supply Chain, Prompting Federal Intervention
Healthcare Finance Damage from two major hurricanes, Helene and Milton, led to temporary manufacturing closures, transport issues, and other disruptions in the healthcare supply chain throughout the southeast United States. Florida and North Carolina, both impacted by flooding and structural damage, were among the most affected areas. After prompting by the American Healthcare Association, the federal government stepped in to …