The new health care supply chain mandate: What your provider customers want and need from you
January 28, 2021
3:00 PM - 4:00 PMAmerica/New_York
The unpredictable waves of Covid-19 cases have exposed major vulnerabilities in our health care supply chain—not just in terms of PPE shortages, but also in terms of diagnostic test turnaround times, sustainable access to critical medicines, and inscrutable allocation models. While increased domestic production and local stockpiles of essential medical supplies are important strategic responses, they will not adequately mitigate risk of future shortages—or help us bend health care’s cost curve—until the entire ecosystem commits to five fundamental supply chain imperatives:
• Strategic supply chain leadership
• Adaptive demand planning
•Integrated inventory management
• Radical cross-sector transparency
• Friction-free collaboration models
These imperatives emerged from a survey of more than 70 health system executives and conversations with more than 20 leaders across the supply chain. The data and insights from this research can help suppliers and distributors evolve their strategies to better meet the needs of health system customers.
Things You’ll Learn:
- That conventional wisdom tells us that the health care supply chain has traded resiliency for efficiency; accepting that paradigm blinds us to real opportunities that enhance both.
- How providers are seeking to control more of the supply chain, fearing future surges and shortages. But one entity alone cannot resolve an industry-wide challenge. Instead, providers and trading partners must build back relationships built on trust and shared transparency.
- Purchasers are seeking new risk-mitigation capabilities from their trading partners. However, few organizations are prepared to provide these capabilities in the short term.