7 must-reads for supply chain leaders this week

Here are seven articles Becker’s Hospital Review published in the last week, highlighting the importance of “soft skills” in supply chain management and a bipartisan bill that seeks to reduce drug waste, among other topics.

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1. Bipartisan bill to reduce drug waste introduced in Senate
Senators introduced a bipartisan bill Tuesday calling on the Food and Drug Administration and CMS to create an action plan to reduce healthcare spending stemming from wasteful drug delivery practices.

2. CVS stores to offer next-day drug delivery in 2018: 4 things to know
CVS Health will offer next-day delivery for prescription drugs and other retail products at its 9,700 stores nationwide next year.

3. Pentagon could approve drugs, devices for military under new defense bill
A new defense policy bill would grant the U.S. Department of Defense power to approve drugs and medical devices for use in the military.

4. Surescripts partners with EHR vendors, PBMs to promote drug price transparency
Surescripts, a health information network focused on e-prescriptions, joined forces with five EHR vendors and two pharmacy benefit managers to improve prescription price transparency, the company announced Nov. 7.

5. 6 ways Amazon could disrupt the pharmacy business
With the retail giant’s foray into the U.S. grocery market in June through its acquisition of Whole Foods, experts suggest Amazon’s entrance into the pharmacy market is not far behind, despite the company’s refusal to comment on its growth prospects.

6. Cantrell Drug Co. files for bankruptcy
Cantrell Drug Co., a Little Rock, Ark.-based specialty pharmaceutical organization, filed for Chapter 11 bankruptcy Tuesday.

7. Why supply chain professionals still need ‘soft skills’ in the technology era
“Soft skills” like communication and teamwork are crucial proficiencies for a supply chain leader to hold. However, these skills are often overlooked amid today’s technology-driven industry.

More articles on supply chain:

Cantrell Drug Co. files for bankruptcy
6 ways Amazon could disrupt the pharmacy business
FDA Commissioner: Keep defense medical device approvals to us

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