The supply chain represents as much as 40 percent of the operating costs of hospitals, the second-largest expense after labor. The average hospital carries 8,000 stock keeping units (SKUs) of in-house inventory and owns up to 35,000 SKUs end-to-end. The […]
by Sterling J. Scott, Marketing Communications Coordinator, MHI | @mhi_sterling Iraq is the seventh-largest producer and fifth-largest exporter of oil in the world and the second-largest exporter in OPEC. The country’s largest oil refinery as well as the capital of Baghdad […]
by George W. Prest, CEO, MHI The title of this CEO Update for the Third Quarter issue of MHI Solutions is a quote from the late Steve Jobs. When it comes to the supply chain, these words could not be truer. The ability to effectively […]
Over 50 percent of retail CEOs see supply chain as strategic differentiator, but many are not making required transformation to take advantage of the pace of change. according to a recent survey by PwC titled CEO Viewpoint: The Strategic Role […]
Total U.S. business logistics costs in 2013 rose to $1.39 trillion, a 2.3 percent increase from the previous year, according to the recently released Council of Supply Chain Management Professionals (CSCMP) 25th Annual “State of Logistics Report®. “Our mission is […]
by Sterling J. Scott, Marketing Communications Coordinator, MHI | @mhi_sterling Supply chain transparency is critical in ensuring human security in regard to physical security and health. Whether it is the sourcing of materials, the transportation of food and beverages, or the […]