6 must-reads for supply chain leaders this week

Here are six articles published by Becker's Hospital Review in the past week that reveal what President Trump and drug comapny CEOs talked about during their closed-door meeting, why UPS drivers don't turn left and more.

1. Supply chain tip of the week: 9 questions to test your inventory management IQ

Steve Thompson, director of patient driven supply network at Cardinal Health, shares nine questions supply chain leaders should ask when assessing their inventory management processes.

2. Why UPS drivers don't turn left

When planning out delivery routes, United Postal Service follows one simple route: Don't turn left across traffic.

3. 3 CEOs share details from Trump's closed-door meeting with pharma

While President Donald Trump publicly called for CMS to negotiate drug prices, top pharmaceutical CEOs said he never brought up government intervention on pricing during a recent closed-door meeting on high drug costs.

4. Express Scripts: Drug spending slowed in 2016

Express Scripts — the largest pharmacy benefit manager in the U.S. — released its 2016 Drug Trend Report showing prescription drug spending slowed for its members last year.

5. GHX names 50 best healthcare supply chains in North America

Global Healthcare Exchange released its annual list of the 50 best healthcare supply chains in North America.

6. Are biosimilars the new generics? 4 thoughts with industry expert Dave Picard

Biosimilar drugs are highly similar, although not exact, versions of biologic drugs. With a handful of these treatments already approved by the Food and Drug Administration — and dozens of others coming down the pipeline — biosimilars are poised to disrupt the drug industry in terms of both care and cost, similar to how generics transformed the industry in the 1980s.

More articles on supply chain:

Supply chain tip of the week: 9 questions to test your inventory management IQ
10 statistics on drug, device recalls in Q4
WHO director: Deregulating FDA would 'lower scientific standards'

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