December 20, 2023 || Chris Spiak
As advancements in medical science continue to expand the array of available treatments, the demand for pharmaceuticals has surged. This surge has caused an alarming increase in drug shortages. Complex factors, including regulatory hurdles, supply chain disruptions, and unforeseen global events, have converged to create a landscape where the availability…
May 20, 2023 || Kelly Smeltzer
At the beginning of my career, I was part of the purchasing department for a Fortune 50 healthcare company. In those days, we analyzed requirements and set safety stock levels that ensured we never ran short of any materials needed to produce a batch of product – all uncertainties were…