A Healthier Supply Chain: By the Numbers

Oct. 8, 2008
Results of a 'pain in the supply chain survey'

Healthcare companies are pretty much like any other manufacturer when it comes to their chief supply chain challenges. "Capitalizing on new global market opportunities amidst an increasingly competitive industry landscape requires changes in supply chain and business strategies," says Bill Hook, vice president for healthcare logistics with supply chain and freight services company UPS. "It's crucial that companies have the supply chain flexibility to respond to changing market conditions in order to capture new market share and navigate the many complexities associated with global market access."

UPS, along with Harris Interactive, recently conducted a "pain in the supply chain" survey of pharmaceutical, biotech, medical and surgical device manufacturers. Some of the key findings of the survey:

61 percentage of healthcare companies planning a direct-to-consumer channel strategy

55 percentage planning a direct-to-wholesaler strategy

37 percentage who expect to go both direct-to-consumer and direct-to-wholesaler

60 percentage who expect supply chain spending to increase in next 18 months

23% average increase in supply chain spending expected

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About the Author

Dave Blanchard | Senior Director of Content

Focus: Supply Chain

Call: (941) 208-4370

Follow on Twitter @SupplyChainDave

During his career Dave Blanchard has led the editorial management of many of Endeavor Business Media's best-known brands, including IndustryWeekEHS Today, Material Handling & LogisticsLogistics Today, Supply Chain Technology News, and Business Finance. He also serves as senior content director of the annual Safety Leadership Conference. With over 30 years of B2B media experience, Dave literally wrote the book on supply chain management, Supply Chain Management Best Practices (John Wiley & Sons, 2010), which has been translated into several languages and is currently in its second edition. He is a frequent speaker and moderator at major trade shows and conferences, and has won numerous awards for writing and editing. He is a voting member of the jury of the Logistics Hall of Fame, and is a graduate of Northern Illinois University.

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