Improving supply chain visibility is key to any thriving industry. This is especially true in the pharmaceutical industry and healthcare in general. With advancements in technology and AI, providing additional transparency also equates to providing better healthcare. Gone are the days of handwritten ledgers for tagging shipments or manually tracking expiration dates and [...]
In the medical field, adequate inventory tracking can make a huge difference. A lack of supply puts patients’ lives at risk. An overwhelming amount of prescription drugs on hand increases the odds of unused, expired products and directly affects the bottom line. Inventory tracking needs consistency. Pharmaceutical inventory management Keeping [...]
Inflation puts extra strain on the pharmaceutical supply chain by causing delays in shipments and increasing transportation costs. This leaves small niche pharmaceutical companies in a tough position and forces many to reassess their business budget and expenses. They must find a way to improve operations while saving on costs in order to [...]
Patient care is reliant on an adaptive supply chain—healthcare’s backbone. A patient undergoing treatment needs a consistent supply of certain drugs. An elderly patient with physical restraints needs access to mobility aids such as walkers, wheelchairs, and rollators. An injured party rushed into the emergency room (ER) needs life-saving drugs and medical equipment [...]
COVID-19 and Its Impact on Drug Shortages The prospect of drug and medication shortages isalarming under the best of circumstances. However, as the world continues to grapple with the effects of COVID-19 on the healthcare system, the problem of drug shortages has come into sharper focus. While drug shortages can [...]
In case of supply emergency, healthcare providers know who to call for unsurpassed performance.
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