Driving Growth with Supply Chain Leadership

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 …

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 …

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 …

FDA Warns Providers About Hurricane Season Supply Chain Disruptions

Healthcare Finance News In anticipation of the coming hurricane season, the Food and Drug Administration (FDA) is recommending that manufacturers and supply chain specialists make preparations to avoid disruptions, damaged inventory, and other related issues. A recent article from Healthcare Finance News outlines a range of recommendations from the FDA related to supply chain operations during hurricane season, from stockpiling …

New AI Tool Predicts Drug Shortages

Pharmacy Practice News Drug shortages continue to be a major issue for hospitals and healthcare system pharmacies, and mitigating these shortages is one of the most pressing challenges facing managers and decision makers. According to a recent article from Pharmacy Practice News, a variety of resources have been helpful in predicting drug availability – namely FDA’s drug shortage database, AHSP …

Using Technology to Manage Medical Shipments

AltexSoft A recent article from AltexSoft illuminates many of the challenges facing medical supply chains, particularly those around shipping medicine, and shows how advances in technology improve processes across the industry. Accurate, timely delivery is one essential piece of achieving patient outcomes, but proper storage, tracking, packaging, and handling are also important components of the larger logistics picture. Through modern …

Reducing Healthcare Supply Chain Spending Waste

SupplyChainBrain Supply chains account for a significant portion of healthcare costs – an estimated 25% of pharmaceutical costs and 40% of medical device budgets – yet a quarter of these costs are considered waste in the form of unanticipated expenses, poor management, and “rogue spend” that results in inefficiencies and overspending in the millions of dollars. A recent article from …

Increasing Drug Shortages Require New Solutions

AMA Ongoing (and increasing drug) shortages across the U.S. healthcare system continue to negatively affect patient care, leading to new policies from the American Medical Association that focus on diversifying manufacturing and stabilizing the generic market. Challenges from declines in domestic manufacturing to supply chain delays with overseas generic manufacturers, as well as an evolving prescribing landscape, the effect of …