Med-Tech Innovation January 15, 2024
Suppliers of health, medical supplies and equipment are set to go from strength to strength in 2024, according to a new report.
Small and medium-sized firms in the sector achieved a score of 67 out of 100 in the latest Manufacturers’ Health Index, compiled quarterly by inventory software brand Unleashed.
The index is calculated from several key performance metrics including sales, purchasing, and internal efficiencies that impact stocking levels and lead times across 16 manufacturing categories. A score of 50 points or more indicates that a sector is performing well against these metrics.
Jarrod Adam, head of product at Unleashed, said: “Manufacturers in every industry category were hit by...