Health care reform has dominated discussion both within the Life Sciences industry and among the general public over the past year and will continue to be debated as the new legislation is slowly implemented. Front and center in this ongoing discussion how to contain spiraling costs. With pharma expected to fork over bigger discounts on their government business and as new taxes and fees are levied on both pharma and med tech, manufacturers will see some of their fat -- at least in comparison to other industries -- margins start to erode.
Historically, supply chain efficiency has not been the highest priority for manufacturers given the high margins they become accustomed to. It may start to get more attention now as the entire health care industry -- from health care providers to manufacturers -- look at ways to improve value and reduce costs. Supply chain expert Lora Cecere of the Altimeter Group has an excellent post in her blog that covers this in more detail:
http://www.supplychainshaman.com/supply-chain-excellence/it-will-take-more-than-a-band-aid/
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