The pathway to full serialization and tracking of prescription drugs by 2023 is well under way. Bob Kennedy, vice president of business development at DMLogic, discusses the challenges and opportunities serialization presents for the pharmaceutical supply chain.

UPS is adding three facilities in Latin America dedicate to supporting the healthcare industry.

Healthcare providers are playing catch-up, but they're beginning to incorporate operations forecasts in their supply chains, says Marie Fournier, director of marketing and business development with Tecsys.

The supply chain represents about 25 percent of a healthcare facility's operating budget, and industry trends strongly indicate that this percentage will continue to grow. Thus, supply chain optimization is not an option, it's a must. Here are some solid best practices that can help your facility build a "new" supply chain focused on efficient processes and maximized outcomes.

Analyst Insight: The industry finds itself in the eye of a perfect storm. Profits are falling from the patent cliff, pressuring companies to adopt new supply chain value propositions. Regulatory compliance and the Affordable Healthcare Act create process and cost pressure. The cold chain manages the Cs: challenges from complexity, connectivity, compliance and continuum of care. And, above all is the shift from fee-based services to outcome-based care and payment. - Rich Sherman, Principal Essentialist, Trissential