Healthcare organizations are increasingly focusing on supply chain resiliency as a strategy to control costs during inflationary periods. Instead of relying solely on traditional ABC inventory analysis based on product velocity, organizations are shifting toward a criticality-based approach.
By identifying which supplies are most critical and defining acceptable risk tolerance, supply chain leaders can implement strategies such as inventory reserves, multiple sourcing, bulk purchasing, and resilient contract structures tied to indices like the Consumer Price Index (CPI).
Additionally, aligning with suppliers through clearly defined key performance indicators (KPIs) and regular performance reviews helps strengthen partnerships and ensure operational alignment.
