September is the fifth consecutive month of supply pressures easing closer to historical levels.
Since the COVID-19 pandemic, supply chain stressors have peaked multiple times, setting records for highest supply chain strains since the Federal Reserve started the index in 1997.
Despite the index creeping closer to baseline levels, it may be too early to know which — and when — industries will recover, Bloomberg reported Oct. 10.
“A big distinction needs to be made between indexes capturing dynamics associated with international transportation — both containerized waterborne freight and air — versus indexes capturing raw material shortage issues,” Jason Miller, PhD, an associate professor of logistics at Michigan State University in East Lansing, told Bloomberg. “Across all manufacturers, insufficient supply of labor and raw materials have been effectively unchanged since the third quarter of 2021 in terms of severity.”
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
