Medical Tech Outlook Weekly Brief
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The healthcare sector has among the highest needs on the integrity of movements, including high control and tracking requirements for the chain of custody. The tolerance of service is obviously minimal. This reaches a high unit cost for each delivery. Government regulators strongly influence the pharmaceutical sector and supply chain operations. The main themes of the supply chain include the efficient and highly accurate picking and storage of high-value products, and safe and secure transport.
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Cardinal Health is a healthcare company that provides solutions for pharmaceutical distribution, freight management, wound care, and inventory management. The company offers medical and pharmaceutical products alongside cost-effective solutions that improve the efficiency of the supply chain from hospital to home. It connects patients, suppliers, payers, pharmacists, and manufacturers to coordinate integrated care and improve patient management.
Brian Rice recently joined Cardinal Health as its CEO. Prior to joining Cardinal, Rice served from 2009 to early 2019 as Senior Vice President, Chief Information Officer for Kellogg Company. From 2005 to 2009, Rice was employed by General Motors Corporation, where he served as a chief information officer for global services and was responsible for all aspects of the company’s global operations. He served Mars as vice president and chief information officer for his Singapore-based Asia Pacific business.
The expertise and achievements of Rice in the identification, implementation, and operation of information technology strategies and processes will help to lead the experienced and committed technology and customer service teams of Cardinal Health.
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Cardinal Health understands the importance of streamlining the supply chain, identifying cost-saving opportunities, and improving performance. They have the necessary solutions and analytics to achieve the same. The company provides exceptional and cost-effective patient care through its wide range of high-quality, value-oriented products. In fact, they produce or supply more than 2.5 billion medical products every year, including medical, surgical, pharmaceutical, laboratory, specialty, and nuclear products.
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