Healthcare

The modernization of healthcare distribution in many ways mirrors the omni-channel revolution and stands to benefit from similar solutions.

The 2015 Pain in the (Supply) Chain survey recently conducted by UPS coincided this year with qualitative interviews of healthcare executives in North America to gain further insights into trends, challenges and opportunities having an impact on healthcare logistics.

Judges to recognize technological advancement, responsible packaging and enhanced user experience.

Earlier this week, UPS opened up a healthcare-dedicated air freight forwarding facility at Amsterdam Schipol, Netherlands, which it said serves as an expansion of its European-based temperature-controlled supply chain capabilities.

The acquisition will add three facilities, expanding UPS’ health-care network to 14 facilities with compliant healthcare supply chain solutions across Europe.

Globally, healthcare executives are planning for strategic partnerships and technology investment to mitigate risks and capitalize on growth opportunities.

Company officials said these new facilities are designed to support the storage and distribution on pharmaceutical, biotech, and medical device products

Transportation and logistics bellwether UPS continues to expand its global healthcare footprint, announcing this week it has acquired Polar Speed, a United Kingdom-based provider of temperature-sensitive supply chain solutions.

Cardinal Health executive says that this strategic alliance is simply the next phase of the relationship between the two companies, adding that with both companies already established experts in their own fields, they believe they can focus on their own strengths to continue to improve and expand services.

The drivers for healthcare supply chain executives to make strategic supply chain investments and decisions are more than just a few, given the many moving parts of the healthcare supply chain. This was made clear in the sixth annual UPS “Pain in the (Supply) Chain” healthcare survey.

The company said that this offering is a proactive shipment monitoring and risk management product that protects consumers against lost profits, as well as help ensure time- and temperature-sensitive shipments reach their destinations while guaranteeing up to the retail value, and other costs, when unexpected events occur, such as weather delays.

On top of announcements heralding its first quarter earnings and its brokered deal with union membership last week, transportation and parcel bellwether UPS made inroads on other fronts, too, including its planned acquisition of CEMELOG, Zrt., a pharmaceutical logistics company based in Hungary, and rolling out its plan to purchase roughly 700 liquefied natural gas (LNG) vehicles and build four refueling stations by the end of next year.

UPS announced it will purchase Hungary-based pharmaceutical logistics company, CEMELOG Zrt, as part of its ongoing global growth and investment strategy.

Transportation and logistics bellwether UPS continues to make inroads in its healthcare logistics portfolio, with this week’s announcement that it is expanding its global healthcare distribution network in five North American markets, including: Burlington, Ontario, Louisville, Ky., Mira Loma, Calif., Atlanta, Ga., and Reno, Nev.

UPS last week announced that it has taken major steps to expand its global healthcare distribution facility in the Asia Pacific region, opening three new “state of the art facilities” in Hangzhou, China, Shanghai, China, and Sydney, Australia.