Creating a Robust and Resilient Medical Products Supply Chain
Opportunities to increase market share will increase when companies are pre-positioned for growth in a resilient and scalable way.
Opportunities to increase market share will increase when companies are pre-positioned for growth in a resilient and scalable way.
In an interview with PYMNTS, Lisa Anderson, president of LMA Consulting Group, discussed how surcharges, which are common during peak seasons or for special circumstances like oversized items, have become particularly significant this year.
With cyberattacks and security threats on the rise, it’s more important than ever for manufacturers and supply chain leaders to address vulnerabilities in their supply chains to reduce their risk of disruption
There is a trifecta of supply chain vulnerabilities, disruptions, and risks creating volatility, uncertainty, complexity, and ambiguity (VUCA) in the business environment. From supply chain vulnerabilities like the ones exposed in the Middle East war to the heightened risks that emerged with Hurricane Helene [...]
Companies can mitigate the volatility caused by labor disputes by rethinking sourcing strategies, upgrading planning processes, and using advanced technology.
Supply chain is rife with disruptions, and it’s not going to change any time soon.
All it takes is a month on the ropes to potentially crash your business, Lisa Anderson warns in this article for Inc.
Given the uncertainty of the economy creating extreme push outs and pull ins with customer orders, only those companies that can successfully deal with uncertain and changing conditions can thrive. Better utilizing ERP, quoting, and CRM systems to automate planning and scheduling processes enables quicker pivots to satisfy changing customer conditions with greater stability for operations.
Lisa Anderson was interviewed by NTV news about the seriousness and potential impact of supply chain vulnerabilities. We discussed the attacks on the Iran-backed Hezbolloah as the pagers exploded, killing hundreds and exposing the seriousness of supply chain vulnerabilities.
Volatility, uncertainty, complexity, and ambiguity (VUCA) have plagued medtech’s supply chain since the pandemic. Drug shortages last year hit their highest levels in a decade, with 99% of hospital and health system pharmacists experiencing medicinal dearths, according to an American Society of Health System Pharmacists (ASHP) survey.