Analyst Insight: In recent years, supply-chain control towers have become an omnipresent panacea for organizational challenges. Many companies have rushed to join the control tower frenzy, only to have the solution fall short of expectations. Success with control tower solutions rests with having a clear purpose for the solution, selecting the proper technology as the basis of the tool, and properly integrating with existing systems and data to ensure smooth execution.
Healthcare supply chains tend to be high-margin, regulated businesses with strict quality requirements, such as the need for cold-chain storage and transportation. Yet they’re often ripe for improvements across the board.
The key to fighting the coronavirus outbreak lies in the application of supply-chain management principles, and the creation of a global, end-to-end network for partner collaboration in the healthcare industry.
It’s been 20 years since passage of the Victims of Trafficking and Violence Protection Act of 2000. Yet public awareness of human trafficking in global supply chains remains shockingly deficient.