Analyst Insight: If 2012 was the year of climbing the emerging market mountain, then 2013 was the cliff. Not just for patents, but also in succeeding across multiple global markets. Quality issues, bad business practices, failure to integrate acquisitions, these were all common threads. Reputable players stumbled. Lesson learned: focusing on core business is the key to success. Many smaller non-core acquisitions such as animal health, devices, and OTC products will continue to spin off. Emerging and core markets will focus on profitability and smart growth, not just volume. - Brian Hudock, Partner, Tompkins International
U.S. hospitals spend tens of billions of dollars annually on high-tech surgical implants. But the supply chain for the devices is anything but high-tech. And that drives up costs both for hospitals and implant makers.
DHL Global Forwarding, the air and ocean freight arm within Deutsche Post DHL, has begun a temperature controlled airfreight service between Brussels and Cincinnati and vice versa. The DHL Aviation Boeing 747-400 freighter aircraft will operate the 8.30-hour flight six times per week in each direction and offers reserved space for life sciences products. Real-time tracking and temperature measurement data is available on each flight and can be accessed via a dedicated web portal.
Providing medical implants for upper-body surgeries is a critical, time-sensitive business. Raymond Allen of Biomet Microfixations explains how his company forecasts and manages demand so as to never disappoint the patient.
UPS is now offering its Preferred Less-Than-Container Load (LCL) expedited ocean-freight service between Asia and three destinations in Mexico: Monterrey, Mexico City and Guadalajara.
The Medical University of South Carolina, in a bid to slash more than $64m from its budget, embraces procurement automation. In the process, the facility goes from survival mode to ranking among the nation's top medical centers.
Changing regulatory environments, new customer demands around the globe, challenges around product security and increasingly complex products are driving healthcare executives to make strategic supply chain investments, according to findings from the sixth annual UPS "Pain in the (Supply) Chain" healthcare survey, conducted by TNS. New technology investments and go-to-market models are top of mind as healthcare executives drive business and logistics transformations to meet evolving industry needs.