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In a year that has seen a degree of optimism regarding global supply chain news — at least compared to recent years — a notable exception is the medical device supply chain. Since the COVID-19 pandemic revealed many weaknesses in the U.S. medical supply chain’s ability to provide life-saving tools and equipment in times of…
Manufacturers of critical, life-saving healthcare equipment deal with a myriad of complexities and regulations that no other industry has to consider. Many of these considerations require significant additional costs, and in an era that has been defined by risks and disruption include supply chain delays, inflation, raw material shortages, extensive lead times, natural disasters, geopolitical…