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Medical device distribution: today and tomorrow.
1KRAUTH medical KG (GmbH & Co), Hamburg, Germany. stefan.widensohler@krauth.de
Summary
Hospitals seek lowest total cost, not just purchase price. Distributors and manufacturers can add value through services that reduce overall procurement expenses.
Area of Science:
- Healthcare Management
- Supply Chain Logistics
- Health Economics
Background:
- Hospitals face increasing pressure to reduce operational costs.
- Traditional procurement focuses on unit price, neglecting total cost of ownership.
- The healthcare supply chain is complex, involving multiple stakeholders.
Purpose of the Study:
- To analyze the shift in hospital procurement from cheapest product to lowest total cost.
- To identify strategies for distributors and manufacturers to thrive in this evolving market.
- To explore the role of added-value services in reducing healthcare procurement expenses.
Main Methods:
- Literature review of healthcare procurement trends.
- Analysis of supply chain management principles in the healthcare sector.
- Case study examples of value-added services in medical product distribution.
Main Results:
- Hospitals prioritize the total landed cost, including purchase, delivery, and implementation expenses.
- Distributors and manufacturers can differentiate by offering services that streamline logistics and reduce waste.
- Creative service models can lead to significant cost savings for healthcare providers.
Conclusions:
- The healthcare procurement landscape demands a focus on total cost of ownership.
- Value-added services are crucial for distributors and manufacturers to remain competitive.
- Collaborative supply chain strategies can optimize healthcare spending.