Healthcare supply chain faces innovation slowdown: Expert
Becker's Healthcare July 3, 2024
The healthcare industry rapidly embraced innovative solutions to navigate unprecedented supply chain challenges amid COVID-19. However, as the pandemic waned, so too has the pace of innovation, one supply chain expert told the Association of National Account Executives.
Critical supply shortages and rising costs during the public health crisis spurred supply chain teams to embrace more creative procurement strategies, expand supplier relationships and accelerate the modernization and digitization of supply chain operations, according to GHX.
Though calls to improve supply chain resilience magnified in the wake of the pandemic, progress on these efforts has slowed, according to Eugene Schneller, PhD, a professor of supply chain management at Arizona State University’s W. P. Carey School of Business in Tempe....