ASHOK MUTTIN | OCTOBER 12, 2020 Normal Is Coming. SupplyCopia Announces New Capacity And Financial Healthcare just experienced what may be the most significant financial hit in history. The recent AHA survey(1) estimates the cancellation of hospital services alone represented $161.4 billion in lost revenue over a period of four months As health systems begin to reopen for elective surgeries and procedures, understanding capacity requirements including people, space, and supply needs, together with revenue opportunities and clinical priorities, is an essential step toward helping rebuild ..read more

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ASHOK MUTTIN | September 10, 2021 Building Supply Resiliency I published this article about supply chain resiliency last year. But, unfortunately, we believe we are potentially heading into another supply chain disruption, this time caused by the geo-political situation in the world. Therefore, we are closely tracking the following events as they unfold: Europe natural gas requirement- Even though Europe claims that it has stocked up to 87% of its requirement, a slight change in the winter temperature or further disruption of supplies from Russia (whether intended or unintended) will ca ..read more

ASHOK MUTTIN | April 20, 2022 If I had a dollar for every time If I got a dollar for every time someone asked me what SupplyCopia (www.supplycopia.com) is doing in Machine Learning (ML) and Artificial Intelligence (AI), I’d be posting this article from my private island instead of New Jersey. But unfortunately, the issue has become the proverbial elephant in the room, and the answer surprises, maybe even shocks, most people. There is much buzz and, to some extent, even hype around artificial intelligence (AI) and its power to revolutionize healthcare and the supply chain. Much of this b ..read more

The post Jennifer Myers Joins SupplyCopia Executive Team as Vice President of Sales and Business Development appeared first on ..read more

JANUARY 10, 2024 SupplyCopia Announces New Digital Solution for Custom Surgical Kit Pricing and Management Real-time pricing, vendor information and product availability on custom kit components Bridgewater, NJ — January 10, 2024 — SupplyCopia, a global leader in AI- and ML-driven healthcare supply chain management solutions, today announced a new product application to support manufacturers and distributors offering custom surgical kit solutions. While most surgical settings rely on custom kits, building and managing the pricing and availability of kit components has been highly comp ..read more

Streamlining non-acute care purchasing-SupplyCopia way. Market Summary : ERP systems are difficult and expensive to deploy for small, non-acute care facilities Product data, catalog, and pricing management is a drain on corporate IT systems and staff Training and customer support on ERP systems is cumbersome and not cost-effective Integration with corporate IT and ERP systems can be expensive especially when the number of non-acute facilities is small Because of the uncertainty connected with M&A activity, it’s difficult to commit to a multi-year contract with ERP providers The ideal s ..read more

Healthcare Supply Chain Amazoned predicted in Feb 2015 that Amazon is quietly putting together the foundation necessary to disrupt the healthcare supply chain (that’s the only reason Amazon enters an industry). What is the motivation for Amazon to target the healthcare industry? When we look at all those industries that Amazon has already disrupted, they all have some or all of the following in common: 1. High margins 2. Complex distribution arrangements and logistics 3. Vested interests, with a few profiting at the expense of many 4. Complicated, multi-tiered contracts, pricing, and sales ..read more

Is It The End Of The Road For ERP (As We Know It)? For those of us who are familiar with Enterprise resource planning (ERP) deployments, this question comes up once every 5-7 years. Mainly used to streamline manufacturing processes, these giant systems offered a so-called integrated suite of applications covering everything under the sun (yes, cradle to grave was the Mantra). These systems, over a period of time, made their way into other industry verticals as well (do you want to customize a manufacturing system to Healthcare? sure no problem!). Most implementations involved a multi-year ..read more

How Did We Get Into This Mess? How much of this sounds familiar? Discussing chartering a plane from Shanghai to bring supplies to the US Checking the validity of the certificates produced by various middle-men at 3 am here in New Jersey Sending people to check the physical stock and seal it in the middle of the night in China Finding that letter of credit or price negotiation is out of the question, and don’t work anymore anyway Adding more than 100 unknown people to WhatsApp contact’s list because they have an “uncle and connections” in China and can help us with PPE supplies Scrambling o ..read more