Blog Posts Outsourcing: The Right RX for Today’s Healthcare Supply Chain
As a healthcare logistics professional, you face a variety of challenges today – increased regulatory compliance, reimbursement reform, increased security, industry consolidation, limited product life cycle, etc. It’s more important than ever to closely monitor the performance of your healthcare supply chain.
Take time to review your healthcare logistic operations and ensure that you are able to:
- Optimally manage cost/investment. Fluctuating costs, increasing technology investment, and market expansion are just a few of the factors contributing to overall supply chain costs.
- Ensure chain of custody control. While improvements have been made in product security, supply chain visibility is still a critical issue.
- Comply with regulations. Increased regulatory compliance, reimbursement reform, and security are placing additional burdens on the healthcare sector.
- Limit product damage/spoilage. Temperature control, in-transit monitoring, and delivery speed are key concerns.
- Handle increased distribution channels. From hospitals and physicians to healthcare websites and mobile apps, it’s now necessary to provide seamless distribution.
With such varied pressures and increasing supply chain complexity, many healthcare logistics professionals are recognizing the need for external expertise and support and choosing to outsource to an experienced healthcare 3PL provider.
In a recent UPS survey of U.S. healthcare logistics executives, 69 percent of respondents said that logistics and distribution partnerships are one of their strategies for success when it comes to cost management. They can deliver more nimble and contingent supply chain solutions without a major investment in capital.
An experienced healthcare 3PL can offer a variety of integrated services, such as warehousing, omnichannel fulfillment, transportation and packaging. With multiple warehouse locations and fleet assets available, they provide the flexibility to accommodate business growth and fluctuations as well as to support contingency planning. They’re adept at delivering seamless service across all distribution channels. And they’ll have the resources (labor, space, technology) to be responsive to your needs – and the needs of your customers.
You’ll have the option of using the 3PL’s dedicated fleet or leveraging their brokerage options and can request temperature-monitoring devices and/or temperature-controlled transportation. Sophisticated transportation management capabilities ensure timely and cost-effective delivery and provide real-time reporting for better visibility. An established healthcare 3PL will also have the technology to help you ensure the chain of custody control for improved product security and tracking.
Best of all, an experienced third-party provider, understands best practices in healthcare logistics, product security, and regulatory compliance. They’re able to handle day-to-day operations, so you can focus on your core competency.
If your healthcare supply chain is growing more complex, consider the value of an experienced healthcare 3PL. Learn more about healthcare logistics at Saddle Creek.