Troubled times magnify health care supply chain manager's role
When times are good, expansion plans, future investments and revenue growth are the focus points in most industries. But during down times, organizations scrutinize spending. The current economic crisis is hitting the health care sector as hard as other industries.
No firm is an island: Why buyers should probe a supplier's network
For any shopper who noticed how the price of hamburger and lettuce jumped after gas prices soared last year, this should come as no surprise: Buyers eventually feel the pinch when their suppliers' expenses surge. The reason?
Chinese puzzle: Examining the implications of Chinese product recalls — part two
In light of recent product recalls, this question nags: Has Chinese product quality actually deteriorated, or not? Opinion is split. Some argue forcefully that Chinese products have suffered in recent years, or at the very least, were never of high quality in the first place.
Chinese puzzle: Examining the implications of Chinese product recalls — part one
In the summer of 2007, after a tumultuous year in which millions of Chinese-manufactured toys and other products were recalled for reasons ranging from high lead content to choking hazards, Chinese officials launched a massive campaign to restore worldwide confidence in the "Made In China" label.
Using metrics to enhance purchasing
Detailed metrics not only help purchasing departments measure and analyze performance — they provide data that can spur organizational and procedural changes and help companies proactively prepare for the unexpected.
No anniversary party for controversial cross-border trucking program
Congress and President Bush appear to be on a collision course over U.S.-Mexico trucking, but most likely trucks will continue to traverse the border, fostering the flow of international commerce, according to Arnold Maltz, a professor of supply chain management at the W. P. Carey Schoo
Opinion: Top challenges for health care supply chain management
Americans concerned with the growing proportion of GDP devoted to healthcare would do well to consider the industry's supply chain. Soon the cost of drugs and medical supplies will equal the cost of labor and benefits in the U.S.
Managing the medical supply chain: A tale of two hospitals
If, as healthcare experts say, supplies gobble up 30 percent of a typical American hospital's annual budget, then upgrading the medical supplies system is a sensible investment.
Strategic sourcing: Getting the best doctors and the best deals
A small but growing number of U.S. hospitals are using a version of quid pro quo to achieve two crucial goals: lock in the "rainmaker" physicians — the ones who are at the top of their specializations — and secure the best deal from suppliers.
Fugitive Denim: Globalization tales of the traveling pants
What do you look for when you buy a pair of jeans? Color? Cut? Designer label? Price tag? One thing is certain: Even if you buy what you think is the same make/label/origin, year after year, it is an entirely different item with a brand-new geographic story.