6 must-reads for supply chain leaders this week

Here are six articles published by Becker's Hospital Review this past week featuring a look into Intermountain Healthcare's approach to supply chain management and a study on the urgency of medical device recalls, among other topics.

1. Survey: 79% of chief procurement officers cite cost reduction as main priority
A majority of chief procurement officers will primarily focus on cost reduction goals in 2017, according to a new report from Deloitte.

2. Dr. Toby Cosgrove: Drug costs contributed to Cleveland Clinic's low operating income for FY 2016
Cleveland Clinic President and CEO Toby Cosgrove, MD, cited high drug costs as part of the reason the health system's operating income fell in fiscal year 2016.

3. Devicemakers often wait too long before recalling products, study finds
While the Food and Drug Administration requires devicemakers to conduct postmarket surveillance to monitor the safety of their products, a new study shows they often wait too long before recalling devices.

4. Opinion: Why there are so few female supply chain and logistics leaders
Jennifer Swain, director of JPS Supply Chain, highlights the lack of women holding leadership roles in the industry and shares four reasons for this trend in a blog post on LinkedIn.

5. New patient advocacy group joins fight against high drug costs
A new patient advocacy group called Patients for Affordable Drugs has formed amid national scrutiny over high drug prices.

6. 7 lessons on supply chain management from Intermountain's Richard Beach
Richard Beach, assistant vice president of logistics and materials management for Intermountain Health Care in Salt Lake City. He recently shared his thoughts on the health system's approach to supply chain management with Becker's.

 

More articles on supply chain:

UPS to offer Saturday ground delivery services
FDA approves new liquid drug for hypothyroidism
Lawmakers propose bill to revamp FDA's medical device inspections

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