Important Ways to Manage Supply Chains Effectively

Managing the many moving parts of orthopedic supply chains demands managing numerous challenges that can derail product development efforts. It requires establishing open and consistent dialogues with regular suppliers and a commitment to working with trusted partners.

Aligning the efforts of all stakeholders in a supply chain — manufacturing, regulatory, quality, commercial, planning and procurement — and data optimization allows orthopedic companies to implement accurate forecasting to identify swings in demand and proactively address potential issues before they impact the delivery of essential supplies and materials.

The more flexibility and contingencies orthopedic companies build into the procurement processes, the more success they’re realize in successfully delivering devices to the market.

Infographic proudly sponsored by Intech.

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