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Healthcare Blog Posts

Loraine Lawson
Loraine Lawson
Filed Under
02.082013

Supply Chain Visibility is #1 Cost Reduction Tool

A combination of spending cuts and hospital bargaining pools is putting price pressure on medical equipment companies. As a result, the industry is taking a careful look at how to cut costs in its supply chain.

While the details are unique to medical equipment supply chains, the solutions are not. Accenture, a global management consultant and technology services company, says the industry should react to these cost pressures by improving end-to-end supply chain visibility.

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Loraine Lawson
Loraine Lawson
Filed Under
12.272012

To Stock Supply Chain Surplus or Not, That is the Question

Companies can operate so lean, a single disaster can disrupt the entire supply chain, causing downtime in manufacturing plants and lost profits. The past few years show the risk of depending too much on “just-in-time” supplies.

On the other hand, overstocking supplies and goods can also lead to problems. A recent Strategic Sourceror post outlines the potential risks of a maintaining supply chain surplus. The piece points out that overstocking materials or finished goods can create financial risky, particularly in situations where:

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Loraine Lawson
Loraine Lawson
Filed Under
11.302012

Hospitals Focus on Creating Strategic Supply Chains

Executives are taking a keen interest in reducing hospital supply chain costs, according to a recent article in the Beckers Hospital Review.

Chris Luoma, a vice president of business development at a credential, vendor and contract management software company, says that this rise in executive-level attention has actually shifted the supply chain discussion from the lowest price possible to a more long-term discussion about finding the right supplier and vendor.

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Loraine Lawson
Loraine Lawson
Filed Under
11.142012

Big Data Now “Must Have” for Operations

Supply chain experts report a shift in attitude about analytics and big data. Increasingly, professionals in manufacturing, retail, logistics and other operation-oriented industries are reporting that big data analytics is now a necessity if you want to stay competitive.

“Big Data solutions combined with Complex Event Processing solutions will be needed more than ever to digest the enormous magnitude of available data and turn that data into executable actions,” wrote B2B.com’s Sean Riley, who consults with North and South American companies on supply chains and operations as Director of Strategic Business Solutions for Software AG. “Leverage these tools with supply chain visibility solutions will quickly become a must have rather than a nice to have as companies that are utilizing these tools set the bar for the new normal in supply chain performance.”

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