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Australian Healthcare Industry Data Crunch Report

The Australian healthcare sector is a $120 billion-plus growing industry, and with a rapidly growing population where 13.5% of residents are over 65, the country can ill afford inefficient healthcare supply chain practices. The healthcare supply chain itself is complex, involving various players, with the ultimate objective of delivering the right product to the right patient at the right time. Accurate healthcare supply chain data is essential to achieve this objective.

Unique device Identification US: Booz Allen Hamilton Inc. Study

The United States Food and drug administration (FDA) is finalizing a regulation that will require all medical devices sold in the U.S. to adhere to standards of labeling as well as provide device attributes for inclusion in a Global Unique device Identification database (GU DID). This study by leading US management consultants Booz Allen Hamilton outlines the results of a 2012-3 survey into the progress of UDI adoption and other proposed uses of UDI from manufacturers, distributors, and providers.

Deloitte Global Powers of Retail

Welcome to Deloitte’s 16th annual Global Powers of Retailing Report in conjunction with STORES Media. The Report identifies the 250 largest retailers around the world based on publicly available data for fiscal 2011 (encompassing companies’ fiscal years ended June 2012) and provides various analysis of these companies based on market segment, growth rates and other various trends. The Report also provides an outlook for the global and Australian retail environment for 2013 and beyond, considers the globalisation of the Australian retail market and analyses some of the current risks facing retailers.

McKinsey Healthcare Report Strength in Unity

An opportunity for a new kind of healthcare innovation Imagine a world where a patient’s records capture the brand, dosage, and lot number of each drug and medical device she uses, along with the name of the physician who ordered the product and the nurse who administered it; where bedside scanning confirms that she gets the right product in the right dosage at the right time; where hospitals and pharmacies know the exact location of short-supply medical devices and drugs and when they can be delivered; where regulators can recall adulterated products with accuracy and speed from every point in the supply chain; and where manufacturers can monitor real-time demand changes and shift their production schedules accordingly.

Australian Data Crunch Report

In 2011 GS1 Australia released the Australian Data Crunch Report. Like a similar study in the UK, the project found that buyers are dealing with data that is inconsistent 80% of the time. The study found that the total cost of bad data in the Australian grocery supply chain alone will be AU$1.035 billion over five years, through AU$350 million in profit erosion and AU$675 million in lost sales.

UK Datacrunch report

The UK retail industry is behind the curve in addressing the challenge of poor product supply chain data. The size of the quality problem is a lot worse than expected, with data shown to be inconsistent in over 80% of instances. It is estimated that this will cost the industry at least £700m over the next 5 years, and a further £300m in lost revenues. Looking forward, consumers are demanding better product information and labelling for nutrition, health and lifestyle. Planned European legislation is also demanding that the industry provides further information related to packaging and the environment. In this future world manual work arounds and pragmatic fixes employed currently by retailers are no longer sustainable

CDC USA uses GS1 standards to improve vaccine information

The US Centers for Disease Control and Prevention (CDC) used GS1 standards to help providers improve efficiencies and accuracy when recording critical vaccine and Vaccine Information Statement information.

GS1 standards the foundation for supply chain efficiency and patient safety in healthcare

GS1 US’s graphic representation of the GS1 standards elements that make up the base and the pillars of healthcare supply chain efficiency and patient safety.

The Life of a Product in the Healthcare Supply Chain

NEHTA’s graphic representation of how a product moves through the healthcare supply chain.