article thumbnail

Supply Chain Leaders Prepare For The Long Haul. Caution: It Will Be Gray.

Supply Chain Shaman

The first major polio epidemic in the United States occurred in Vermont in the summer of 1894. Supply chains were ill-prepared for the pandemic. The design of the global supply chain at the start of the pandemic assumed frictionless borders, availability of transportation resources, and supply with few constraints.

article thumbnail

Hospitals Suffer from a Lack of Market Transparency: New Evidence from a Research Project with SCWorx

NC State SCRC

Trillion industry, yet is often described by experts as a “cottage industry” due to the lack of maturity surrounding its contract management and supply chain practices. Research suggests that up to 40% of funds spent are non-value-added in nature. Providers will maintain their own dictionaries of everything they use, using the tool.