JHC October 20

Page 28

THE PROCESS OF CHANGE

Future of supply chain

The Role of Demand Forecasting in the Resilient Supply Chain The industry must use this moment to invest in automation and digitization of the supply chain to improve efficiency, visibility and response.

The ongoing shortage of personal protective equipment (PPE) and other critical supplies has laid bare the shortcomings of a Just-in-Time (JIT) distribution model for healthcare. For more than a decade, healthcare has increasingly relied on JIT because it advanced the industry’s mission to better control costs and reduce waste. And without question, it contributed to reducing healthcare’s operational costs.

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BY BRUCE JOHNSON, CEO, Global Healthcare Exchange (GHX)

October 2020 | The Journal of Healthcare Contracting


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