Battling Medical Device and Equipment Supply Chain Disruptions During Covid-19
Medical devices and equipment are tantamount to tactical gear and weaponry in the war against Covid-19. Without the proper personal protective equipment (PPE) like disposable gloves, masks and gowns, our healthcare workers are entering the battlefield without the assets they need for success.
It’s not only PPE and products like ventilators that are essential during this grueling period of history; the supply chains of standard medical devices and equipment are also being disrupted. Everything from heart disease to seasonal allergies haven’t been put on pause just because there’s a global pandemic. The disruption in the global supply chain is putting strain on all facets of the medical industry and putting people at risk if the medical companies they rely on to keep them healthy falter.
Medical Device and Equipment Shortages
During times of enormous strain on the medical industry, the U.S. government is called upon to provide states access to the emergency stockpile. According to two health officials at the U.S. Department of Homeland Security, however, the national stockpile of masks, respirators, gloves, gowns, and face shields was already severely depleted at the end of March. To put this into perspective, a report by the U.S. Oversight Committee in mid-April confirmed that New York had received 4,400 ventilators and another 3,520 went to places like New Jersey, Washington, Michigan, Illinois and Florida. Currently, there are 1 million+ confirmed cases in the United States.
To combat the shortage, individual manufacturers of medical equipment have stepped up their production efforts. Sourcing materials from international supply chains has proved to be highly complex, as different countries have responded to Covid-19 in different ways, some even halting raw material manufacturing completely.
Other companies in various industries have added their production power to the medical device and equipment shortage fight. Companies like Lego, Under Armor, and Xerox are manufacturing face shields, masks, and hand sanitizer respectively to help out the overburdened medical industry.
Connect Remotely by Leveraging a Cloud-based TMS
In a pre-pandemic world, many logistics teams were still relying on email, phone calls and shared Excel sheets to manage their freight. With a majority of people working from home, these more traditional forms of collaboration aren’t enough for medical equipment and device companies trying to navigate a turbulent supply chain.
Cloud-based transportation management systems like Kuebix TMS have changed this, however. Now, with the help of technology, every supply chain stakeholder from the logistics department, AR/AP, sales and customer service can collaborate in a single system and work off of the same transportation information. This means that teams scattered across multiple location can quickly rate, book and track their essential deliveries to ensure the public is supplied with life-saving equipment without ever having to pick up the phone.
By leveraging a cloud-based TMS like Kuebix TMS, teams can work off of the same set of information, maintain historical data for analysis and digitally connect with carriers for rating, booking, tracking and managing freight.
Plan Ahead to Instantly Access Truckload Capacity
With so many supply chains in chaos and trucking companies either overburdened by spikes in demand of struggling to fill empty lanes, finding real-time capacity and pricing for domestic freight may seem like a challenge. Companies that rely on the same small set of carrier partners will find themselves overpaying or missing deliveries as the pandemic’s effect on the supply chain worsen.
To get set up with the best chance of covering every load at the best price, medical companies need to ‘build their bench’ of carriers. With a wider selection of carrier partners to choose from, the likelihood of optimally covering every load increases dramatically. This means that tight margins can be maintained and business can proceed as smoothly as possible.
The best way any company can quickly and easily ‘build their bench’ is by connecting digitally with a vast network of asset-based carriers. Instead of negotiating spot quotes one-by-one, manufacturers and distributors can instead turn to their connected community to request bids all at once and tender proceed with tendering their freight. From there it’s a simple process to turn those direct carrier relationships built off of spot quotes into negotiate contracted carrier rates as needed.
Kuebix Community Load Match
Kuebix Community Load Match is a platform that allows any Kuebix TMS user to quickly connect to a vast ecosystem of dedicated truckload carriers, brokers, freight marketplaces and direct carrier assets. The system enables shippers to request and compare spot rates from their carriers and the Kuebix community with the touch of a button, while retaining control of their freight by choosing the carrier or broker directly.
Users’ job is simplified by tendering all shipments using one system for spot quoting as well as booking with regularly negotiated carrier rates. Instead of switching between carrier websites or hammering the phone, shippers can instead view all of their bids in a single place to choose the best one for their freight.
By connecting digitally with a platform like Kuebix Community Load Match, medical companies can quickly build their bench of carriers and meet the surges in demand arising from this crisis.
How Kuebix is Helping Medical Device and Equipment Companies During Covid-19
The essential role medical device and equipment companies play during the Covid-19 pandemic is unquestionable. For that, everyone at Kuebix would like to say Thank You. Their continued efforts keep households, doctors and hospitals equipped with the products they need to keep everyone healthy.
At Kuebix, we want to help keep America’s supply chains moving. That’s why we’re offering 60 free days of our award-winning Kuebix Business Pro TMS to help companies during Covid-19. As many of us switch to remote operations, cloud-based TMS technology like Kuebix can help shippers collaborate within their supply chains and gain access to the carriers and capacity they need.