Mr. Allison shared three technologies transforming the healthcare supply chain in a recent post for Healthcare Packaging.
- Real-time tracking — Many healthcare organizations are implementing technology solutions that rely on artificial intelligence and sensors to offer end-to-end monitoring and tracking for products as they travel through the supply chain, according to the report.
- Risk management solutions — This technology often uses data analytics to define risk levels and identify worst-case scenarios to ensure the organization has set appropriate contingency plans, according to Mr. Allison.
- Demand forecasting capabilities — Healthcare organizations can use big data analytics to transform raw data into meaningful information to predict demand, improve inventory management and identify areas of potential growth, according to the report.
More articles on supply chain:
Amgen sues FDA over drug exclusivity rights: 5 things to know
Appellate court: Fairvew Health’s medical device telemarketing does not violate robocall rules
Drug execs anticipate Trump’s drug pricing plans: 4 things to know
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.