3 Major Factors that Improve a Healthcare Supply Chain

3 Major Factors That Must Be Analyzed to Drive Healthcare’s Supply Chain to the Next Level

1. Major Consumption Trends:  Major consumption variations add significant, previously unknown needs for the supply of products, caused by epidemics like influenza or SARS, terrorist attacks or radically unique major incidents as almost every country of the world comes to experience.

2. Risk Factor Analysis:  Material supply interruptions on any level from raw material to finished product caused by operational problems, strikes, or unexpected wars in nations like Georgia.

3. Variations in Delivery:  Manufacturing variations stop product from proceeding to the customer in an orderly and timely manner when plants experience operational or compliance problems.

Each of these measures may yield value-added service opportunities to improve the customer experience. Additional capacity in manufacturing and transportation, flexibility of multiple plants for multiple products, storage capacity, or preparedness for alternative transportation modes may indicate areas of improvement.

A robust product supply can be calculated as additional expenditures over the costs. Knowing the value of the expense impact of the various requirements will drive further efforts in the continuous improvement program. The outlay for the total supply effort will become less, and the benefits are well worth the assiduous activities to accomplish the end results.

The result of the detailed supply chain analysis can be offered to the customers who will have a tendency to agree on pricing models acknowledging the service levels.

Approaching new contracts with a three-step mindset will allow customer and suppliers to clearly understand the impact of the range of services and products required for total supply chain expenditures.

The 3 Steps You Must Take to Get Your Supply Chain to the Next Level

1. Develop an essential supply chain model as best in class operations implementing the demand-pull system.

2. Generate advanced contingency models with defined levels of supply robustness.

3. Create clarity of the costs of various supply requirements for customers and suppliers to define the actual supply chain requirements and minimize the costs.