The Affordable Care Act has put pressure on the health care industry to reduce costs and enhance supply chain efficiency by consolidating and streamlining operations. But, as a survey conducted by Cardinal Health highlighted, there are many ways in which achieving this goal has been a challenge.
The research showed that, although the majority of hospital executives feel that better supply chain optimization would lead to more revenue growth and opportunities for cost-savings, just as many agreed their current approaches have been effective. And one function of particular concern is inventory management; 60 percent of executives said issues in this arena lead to them overpaying for transportation and shipping services.
