2013 Pain In The (Supply) Chain SurveySource: UPS Healthcare
Global Pains Lead to Transformative Strategies
In the 6th annual UPS Pain in the (Supply) Chain survey, UPS sees emerging evidence of a coming shift in the healthcare supply chain. While most companies continue to grapple with all-too-familiar pain points in their supply chains, some are reporting the strategies they employed have brought about success. Meanwhile, the increasing complexity of healthcare products, the burdens of the regulatory environment and the promise of emerging markets are combining to generate not only new challenges but also opportunities to rethink the supply chain.
This year’s expanded survey reveals that while healthcare companies have been successful to varying degrees in addressing the industry’s most prevalent logistics challenges, strategies that ensure balanced success are elusive. New insights, however, show that those who have been most successful are increasingly leveraging logistics and distribution partnerships for expertise and support in areas such as new market access, supply chain optimization, regulatory compliance, IT, monitoring and intervention, and even shipment insurance. We see the trend toward partnership gaining momentum as healthcare logistics executives seek proven methods for optimizing their intricate, elongated supply chains.