SupplyChainBrain May 7, 2021
The vision of what broad adoption of global data standards could do for improving the efficacy of our healthcare system isn’t new, nor are efforts to achieve it. The Department of Defense first sought to standardize its supply chain in the early 1990s, to ensure high-quality products in support of troops while improving the supply chain’s reliability, efficiency and cost. Despite these efforts, adoption has been slow and siloed, often limited to what’s mandated by regulators. That may finally be changing, as supply shortages during the pandemic have underscored the need for data accuracy, visibility and sharing across multiple parties.
Beyond helping hospitals and suppliers manage critical supply chain shortages, data standards can also support the move to more value-based...
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