As Augusten Burroughs writes, “When you have your health, you have everything. When you do not have your health, nothing else matters at all.” Arguably the most important industry in which a supply chain must work perfectly is the medical industry. A physician or nurse lacking the correct medical device or amount of supplies can have a dire effect on the end product: your health.
While the healthcare supply chain has always been a critical one, the new landscape that is unfolding for hospitals and providers is creating new obstacles. With reimbursement based on different metrics, the cost structure of healthcare organizations is changing as well. A key area that can lower costs while improving care is to optimize the supply chain within these organizations.Read More