U.S. Healthcare Pressured on Supply Chain Costs

(AirCargo World)

For the third year in a row, managing costs tops the list of healthcare companies’ supply chain concerns, according to a new survey by UPS.

Sixty-four percent of respondents report being “very” or “extremely concerned” with managing supply chain costs, up from 55% in 2009. At the same time, only 44% of companies report success in addressing cost management.

Of the senior supply chain executives surveyed, a third said reform would either open up new markets or create new customers. But 20% doubted the ability of their companies “to afford to operate” in the future; 26% said reform would hamper their research and development programs, and another 22% said their firms did not have the infrastructure needed to compete. Read more here.