Supply Chain

Becton, Dickinson and Co.'s revenues fell from $4.85 billion in last year's fourth quarter to $4.76 billion, equal to about a 1.8 percent decrease in sales, the devicemaker said Nov. 10. 

About 8 percent of global stock perishes or is thrown away every year, translating to about $163 billion worth of wasted inventory, Bloomberg reported Nov. 10, citing a new report from materials supplier Avery Dennison. 

After working with a different supplier for more than three decades, Lincoln, Neb.-based Bryan Health chose Medline as its main vendor in a deal worth $140 million. 

With geopolitical concerns hitting the supply chain, nearly two-thirds of U.S.-based manufacturers plan to freeze wages and recruitment efforts, according to data CNBC cited in a Nov. 4 report.

Have you ever heard the idea that “cheap is expensive?"

Cardinal Health noted a 13 percent increase in revenue, from $44 billion to $49.6 billion, in its first quarter of 2023. 

In a Class I recall, the most serious type, devicemaker Teleflex recalled 60,500 bacterial filters in response to four injuries and 36 complaints of the filter separating from breathing systems. 

Here are 10 health systems and hospitals that posted job listings seeking supply chain expertise in the last week. 

Some cities in Texas are asking the federal government to help with supplying more ambulances after intense flooding caused a supply issue, NBC-affiliate KXAN reported Nov. 2. 

Johnson & Johnson will acquire Abiomed, a medtech company based in Danvers, Mass., for $16.6 billion by the end of the first quarter of 2023.