ALTOS GROUP https://www.altosgroup.org Sun, 18 Dec 2022 16:41:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.4 Keeping Up With Trends and Changes in Healthcare Equipment https://www.altosgroup.org/keeping-up-with-trends-and-changes-in-healthcare-equipment/ https://www.altosgroup.org/keeping-up-with-trends-and-changes-in-healthcare-equipment/#respond Sat, 03 Sep 2022 11:47:34 +0000 https://altosgroup.org/?p=105 As a Hospital/Health System Purchasing Director, Director of Materials Management or a Buyer, you are responsible for purchasing hundreds of medical products for many departments within your facility and preparing for renovations, expansions and new office openings. How do you stay informed about the latest available versions and innovations of all the products you buy? How can you feel confident that you’re selecting suitable, safe, quality products for every department?

The solution is a medical supply procurement partner with deep industry experience in providing products for a variety of healthcare settings. The right procurement partner will have a team of experts with extensive, up-to-date knowledge about the products they sell. They can work with you to source the ideal products to meet your needs, provide clear communications and make sure you have the equipment you need when you need it.

Have trust in your supply chain partner

One of the most important characteristics to look for when choosing a distribution partner is finding one whose team will take the time to understand your organization’s unique needs. An important benefit of a supply chain partner is their help in aligning your internal procurement objectives.

For example, facilities planning departments or project managers may want to purchase certain medical equipment, unaware of standardizations or special pricing agreements that the materials management department must adhere to. The materials management department, in turn, may be unfamiliar with the latest technology and user requirements of the equipment the healthcare worker is requesting bitcoin vanity address site. An experienced procurement expert can coordinate procurement across departments, making sure that the equipment and products purchased are the best fit for all the stakeholders in your organization.

Rely on the expertise of your supply chain partner

An industry-leading supply chain services company will follow and understand the latest industry trends through their dedicated team of experienced procurement experts. New health tech, from AI (artificial intelligence)-enhanced devices to the Internet of Medical Things (IoMT) is changing and improving the quality of patient care at a rapid pace. Medical supply chain experts stay informed about the latest products and innovations and can help their customers discern which products best fit their needs and goals.

As an example, the COVID-19 pandemic has increased attention towards alternative surface disinfection methods, such as automated ultraviolet (UV) disinfecting devices. Although UV disinfecting robots are not new technology, there have been recent innovations, such as ceiling mounted models, and models that can be used safely in occupied rooms can you buy facebook followers. Without expert guidance, the choices for this type of equipment could be overwhelming. Your supply chain partner can prevent you from purchasing equipment with inadequate capacity for your needs or unnecessary, costly features.

Altos Group is a dedicated supply chain partner

Altos Group has experts on our team with in-depth knowledge about all the medical equipment, furniture and medical supplies we sell. When it’s time to make equipment or furniture purchases for a new or existing project, Altos Group can be a trusted resource to help you choose the right products. We can help guide you through the entire procurement process, from choosing the best quality, most cost-effective products for your needs to ensuring timely delivery that meets your project’s timeline.

To learn more about how Altos Group collaborates with customers to deliver customized supply chain solutions and to stay up to date with industry information, subscribe to our blog.

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ALTOS GROUP Opens Distribution Center in Grapevine, Texas https://www.altosgroup.org/altos-group-opens-distribution-center-in-grapevine-texas/ https://www.altosgroup.org/altos-group-opens-distribution-center-in-grapevine-texas/#respond Sat, 03 Sep 2022 11:43:17 +0000 https://altosgroup.org/?p=100 TIFFIN, OHIO – August 4, 2022. Today, Altos Group announced a new DC (distribution center) in Grapevine, Texas. It was operational on August 1, 2022. The new DC will move all business from the Grand Prairie, Texas DC.

This transition adds nearly 205,000 square feet of storage space in a strategic location. Nestled between Dallas and Ft. Worth, Grapevine has rapid access to 4 major interstates. In addition to more space, this facility provides improved purchasing, distribution, warehousing and fulfillment for partners.

Texas has often been the fastest-growing state in the US in recent decades. With almost 29 million residents today, 4 million of those have arrived in the last 10 years. The new DC will respond to Texas’ explosive growth, but will also service Arizona, New Mexico, Colorado, Utah, Kansas, Oklahoma, Louisiana, Arkansas and Mississippi.

“We are excited about the addition of the Grapevine distribution center to our supply chain solutions,” says Keith Price, COO/CIO at “The COVID-19 pandemic, hurricanes and current events have changed the needs of healthcare distribution throughout our country and the world. With rapid population growth in and around Texas, it only compounds the need to have sophisticated supply chain solutions for healthcare organizations. There are more patients needing care and more providers needing supply chain solutions than ever before, and this distribution center gets us one step closer to serving the needs of all.”

The Grapevine DC will provide third-party logistics (3PL). Partners will be able to use the DC whether or not they purchase supplies or equipment through Altos Group. Operations will be accessible digitally: inventory control, fulfillment, tracking, analytics and reporting.

About Altos Group

At Altos Group, an independent healthcare distributor, headquartered in Tiffin, Ohio, is built on over 175 years of combined industry experience through the merger of three of the nation’s premier healthcare distributors. Spans the U.S. market with twenty distribution centers licensed in forty-eight states. Altos Group delivers dynamic, dependable service to the entire care continuum including acute care, community health, government, home care, hospice, laboratory, long term care, primary care and surgery centers. In addition, It has experts dedicated to emergency preparedness, 3PL and reverse logistics, in addition to offering comprehensive support for equipment, remodeling and construction project needs.

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3PL: How to Cure Growing Pains in Your Healthcare Supply Chain https://www.altosgroup.org/3pl-how-to-cure-growing-pains-in-your-healthcare-supply-chain/ https://www.altosgroup.org/3pl-how-to-cure-growing-pains-in-your-healthcare-supply-chain/#respond Sat, 03 Sep 2022 11:30:37 +0000 https://altosgroup.org/?p=87 A Basic Guide to 3PL in Healthcare

3PL stands for “third-party logistics”; it outsources parts of the supply chain, including:

warehousing, as in receiving, inspection, storage. Fulfillment, as in picking, packing, kitting, staging, shipping, returns, tracking

3PL services help move high volumes of products. They’re not primarily for buying or selling of those products—although they can buy and sell as a secondary service. 3PL comes in handy for those who:

supply products, like manufacturers, sellers, vendors. Use products, like businesses, government organizations, buying organizations.

3PL often gets mixed up with distribution, fulfillment and warehousing, but it’s not always the same thing. 3PL is a type of distribution; fulfillment and warehousing are types of 3PL.

How Does 3PL Work?

3PL works by offloading the job of supply chain management to a company who specializes in it. It links two parties: those who buy products and those who supply them. 3PL services don’t primarily buy and sell products; they store and ship them.

When Should You Use Healthcare 3PL?

When should you use 3PL?

1. You’re short on time, money or personnel

The more volume and variety of items you manage, the more common this becomes. This happens often when businesses grow; their costs often also grow with their revenue. But this doesn’t just happen to businesses—it happens to every organization during large, unusual changes in supply and demand.

The COVID-19 pandemic was a perfect example. PPE (personal protective equipment) exploded in demand. Face masks, face shields and gloves were needed more than ever. Normally a quick, routine part of inventory management, managing PPE inventory became a job all by itself, creating unexpected costs for countless organizations. Some ordered too much PPE—some too little—and many couldn’t get PPE everywhere it was needed fast enough.

COVID-19 magnified this problem for governments everywhere. They didn’t just need more PPE in their inventories; they needed vaccines, vaccination kits, PPE and all the other equipment needed to run mass vaccination sites all over the globe. They also needed to materialize a cold chain for the vaccines.

This caused many health systems and government agencies to outsource the management of their medical supply chain. There wasn’t enough money, time or personnel in private and public health organizations to meet the sudden demand themselves.

2. Your supply chain is error-prone

Healthcare 3PLs can help improve a few key areas:

•  Inventory accuracy
•  Order picking accuracy
•  Order fill rates
•  Product waste

3PL companies often have extensive tools to manage inventory. They prevent errors with internal tools for employee use and external tools for partner use.

Some internal tools can include, automated labeling, text-to-voice order picking software, cost management software, item expiration tracking. Some external tools for partners can include, need-prediction analytics, mobile and desktop access to inventory, digital visibility of inventory levels, order tracking, custom reports.

3. You need medical and pharmaceutical expertise

While 3PL services are common, 3PL companies that are tailored to healthcare are less common. Licensing, training, storage and handling of healthcare products can be expensive. Any organization not specifically built for healthcare and logistics might struggle to control those costs.

Healthcare 3PL companies often provide the best of both worlds. They can offer expertise in:
•  Cold chain management
•  Sterility
•  Surgical kitting
•  Biohazards
•  Disaster preparation
•  Disaster response

4. Disruption isn’t money lost—it’s lives lost

Points of failure. Bottlenecks. Choke points. In healthcare, these don’t just cause irritation—they can mean lives lost. Natural disasters, pandemics, economic fallout and global trade restrictions can all break an unprepared supply chain overnight. There are three major types of choke points:

3PL is often the silver bullet for creating redundancy. Adding people, warehouses, and supplies to your inventory can stop disruption from turning into a disaster for your organization.

5. You need more space

3PL services can expand your inventory beyond the walls of your own buildings. Outsourcing logistics to a third party also means that you don’t have to build more warehouses of your own, giving you access to turnkey fulfillment. This allows you to skip:

•  Construction
•  Waiting to become fully operational
•  Acquiring permitting and licensing
•  Finding, hiring and training employees
•  Setting up automation for physical and digital processes

Expanding your inventory with a 3PL can take just a few days or weeks in some cases.

5. You need more space 

Adding pins to the map can put strain on inventory. A single warehouse might not be enough to keep up with a large organization. For example, getting items from a warehouse gets more expensive the further away the shipping address is. For suppliers, it’s the same: the further a supplier is from a warehouse, the higher the transport costs. 3PL services can solve this by adding warehouses to your network.
7. You have restrictive contracts
Contracts can be a powerful way to protect both sides in a partnership. Contracts can also, of course, come with restrictions. They can limit the amount of control you have over your supply chain. This may be why 3PL services have seen growth over the years: they can benefit both sides of supplier-buyer agreements. This is because 3PL is primarily a logistics service—not necessarily a buying or selling agreement—allowing both to arrange warehousing and fulfillment in a way that best suits them.

6. You’re adding locations 

Adding pins to the map can put strain on inventory. A single warehouse might not be enough to keep up with a large organization. For example, getting items from a warehouse gets more expensive the further away the shipping address is. For suppliers, it’s the same: the further a supplier is from a warehouse, the higher the transport costs. 3PL services can solve this by adding warehouses to your network.

3PL allows organizations to store some (or all) products closer to the final mile. It also allows manufacturers to store their products where it's most cost-effective.

This can help control transport costs. But in some cases, it can also speed up delivery tremendously. 

7. You have restrictive contracts 
Contracts can be a powerful way to protect both sides in a partnership. Contracts can also, of course, come with restrictions. They can limit the amount of control you have over your supply chain. This may be why 3PL services have seen growth over the years: they can benefit both sides of supplier-buyer agreements. This is because 3PL is primarily a logistics service—not necessarily a buying or selling agreement—allowing both to arrange warehousing and fulfillment in a way that best suits them.  
 

Why Partner with ALTOS GROUP?

Altos Group Healthcare Solutions is a nationwide medical distributor and an expert in healthcare 3PL. For over 75 years, we’ve solved problems in the healthcare supply chain like warehousing, storage, transport, sourcing and outfitting new healthcare facilities with equipment, supplies and furniture

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