St. Onge Company’s Tom Redding was quoted in a recent Healthcare Purchasing News article about how healthcare supply chains are recovering from the complications caused by the pandemic and other factors. Tom discussed some of pros and cons to the current solutions to those obstacles. Use the link below to read the article on the Healthcare Purchasing News site!
“Healthcare providers have many blind spots (e.g., shipping visibility, track and trace, regulatory compliance, temperature monitoring, etc.) when it comes to the ever-complex web of moving materials from the manufacturer to the point of use,” Redding indicated. “As we all experience on a daily basis, shipping is the Achilles heel to effectively running an operation. Healthcare providers are no different and are spending considerable resources to address disruptions in deliveries. For example, some healthcare providers are building stronger relationships with their suppliers to drive better visibility to lead times and where products are manufacturers to anticipate potential shipping disruptions. Until healthcare providers shift from being a customer to being a partner, shipping visibility will be limited.”
Relying on third-party shipping companies has its pros and cons when it comes to buffering demand variability and minimizing disruption for the supply chain, according to Redding. “In short, it could increase costs and create more complexity, but it does offer significant benefits for organizations that don’t have the scale to ‘buffer’ inventory on their own to minimize disruptions in manufacturing and/or transportation.”
Click here to read the article on the Healthcare Purchasing News site!