Archive: Dec 2020

Industry Spotlight: Medical Procurement and Supply Chain Management

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In the medical industry, developments in patient treatment technologies and techniques have long overshadowed the backend issues industry professionals continue to face. As doctors and nurses adopt new tools to help them diagnose and treat the healthcare facility’s patients, the facility’s procurement team must ensure the inventory continues to satisfy the demand. However, they must tackle and overcome many challenges to fulfill this goal, including out of stock or obsolete items and decreasing budgets.