In 2020, the goal of reducing supply chain inefficiencies has become especially true for the healthcare industry, as hospitals and healthcare systems work to reduce the billions of dollars spent on unnecessary supply chain operations every year. Currently, healthcare costs more in the United States than almost any other country. Nearly a third of these costs are attributed to supply chain operations, and that number is only expected to grow in the coming years.
What causes such high costs every year? One of the root problems is incidents in the transportation stage of the supply chain process. These events can range from temperature excursions to improper handling: anything that ultimately results in unusable, wasted product. This damage can then lead to a variety of consequences and incurred costs.