{"id":704,"date":"2021-04-29T10:38:00","date_gmt":"2021-04-29T10:38:00","guid":{"rendered":"http:\/\/jpaerocom.co.uk\/news\/?p=704"},"modified":"2023-03-16T03:50:55","modified_gmt":"2023-03-16T03:50:55","slug":"medical-fastener-supply-chains","status":"publish","type":"post","link":"https:\/\/jpaerocom.co.uk\/news\/medical-fastener-supply-chains\/","title":{"rendered":"Managing Medical Fastener Supply Chains in Times of Crisis"},"content":{"rendered":"

Quality medical fasteners<\/a> are a critical component in the health sector, and can be found in everything from surgical lasers, MRI scanners, ventilators and even items such as implantable pacemakers. <\/em><\/p>\n

These life-saving devices are manufactured to the highest possible standards. A failure of one of these machines is not only costly from a financial point of view but could cause danger to human life.<\/p>\n

For this reason, it is necessary to ensure accurate and reliable performance from medical equipment.<\/p>\n

However, the high demand for the materials and parts used throughout medical devices can add constraints to the supply chain.<\/p>\n

This is an increasingly efficient industry which has worked hard to become leaner over the years, but this leaves a variety of weaknesses in a supply chain when facing global crises, the likes of which we are seeing in COVID-19.<\/p>\n

To overcome these weaknesses organisations from alternative industries, including our own company, have prepared to assist in smoothing the operational efficiencies of a constrained supply chain by offering resources to scale manufacturing to fluctuating demand.<\/p>\n

Fasteners in the medical industry<\/h2>\n

Medical engineering poses a unique challenge for manufacturers. The parts need to withstand very particular scenarios.<\/p>\n

For implants or artificial joints, for example, the parts need to withstand millions of fluctuating load cycles without a chance for retightening. In other medical machinery, key concerns can range from reliability to avoiding interference with the actual machinery operations.<\/p>\n

This is a field where second chances are often, quite simply, not an option. There is rarely a good or acceptable time for one of these machines to break or malfunction.<\/p>\n

Medical tools and instruments necessarily require dependable performance. This is especially true for surgical equipment or life support equipment such as ventilators.<\/p>\n

An adaptable supply chain<\/h2>\n

Across the global medical supply chain pressure has continued to mount over the years to reduce inventory cost.<\/p>\n

What this means for manufacturers and distributors is maintaining less and less inventory at any one time. Instead, keeping between a 15 to 60-day reserve depending on how quick the product is to move.<\/p>\n

Thin margins mean its impractical to keep any more materials, parts, or products stocked at any one time.<\/p>\n

Some hospitals have adopted a similar approach, a \u201cjust-in-time\u201d practice which allows them to spread out the cost of supplies and reduce unnecessary expenditure.<\/p>\n

This just-in-time approach relies on remarkable co-ordination, but it can also mean that a hospital is replenishing supplies worryingly last minute, sometimes with as little as 24 hours worth of supplies<\/a> left.<\/p>\n

The result of this lean supply chain has created inflexible conditions which, when stressed, can fall apart fast.<\/p>\n

The current global pandemic has demanded increases in production, however, with the current structure of the supply chain geared towards operational efficiency, scaling up this production of necessary life-saving medical equipment is slow.<\/p>\n

Supplying High-Quality Medical Fasteners During COVID-19<\/h2>\n

We have talked numerous times about the need for supply chains to be adaptable<\/a> and flexible in the face of crises as well as outlined tactics and methods for supply chains to achieve greater flexibility alongside their increased efficiencies.<\/p>\n

For the medical industry though, a broken supply chain doesn\u2019t just mean lost revenue because of halting production, rather it means an unnecessary loss of life.<\/p>\n

As increasing strain is placed on the medical supply chain from the increasing demand for life-saving equipment during this unprecedented global crises, it is equally important to remember that this is an industry where a drop in manufacturing quality could easily lead to loss of life as well.<\/p>\n

This is why JPAero is ready to meet this heightened global demand with its speciality high-tech aerospace-grade fasteners<\/a>.<\/p>\n

Photo by Piron Guillaume on Unsplash<\/p>\n","protected":false},"excerpt":{"rendered":"

Managing the medical fastener supply chain in a time of crisis requires a deep understanding of the pitfalls caused by the sector’s unique strengths and weaknesses. To meet this challenge organisations like ours have prepared to assist in smoothing the operational efficiencies of a constrained supply chain by offering resources to scale manufacturing to fluctuating demand.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"yoast_head":"\nManaging Medical Fastener Supply Chains - J. P. 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