Navigating Reverse Logistics in the Healthcare Industry

??Listen to the full episode on Spotify I Apple I Podbean I Amazon I You tube I

In this episode of the NLG Talks Podcast, we are joined by Hari Prasad alongside our NLG Panel member, Eshwar Padhmanabhan

Hari is a highly accomplished professional, especially in the demanding fields of healthcare and FMCG. His ability to deliver results in procurement and supply chain management is commendable, particularly with his strategic sourcing and supplier management skills. It's impressive that he has a track record of reducing costs and optimizing inventory levels while ensuring critical supplies are delivered on time. His expertise in navigating regulatory environments and mitigating supply chain risks adds another layer of value to his profile.

Additionally, his analytical mindset and proficiency in leveraging technology for process improvements highlight his adaptability and forward-thinking approach. Being a collaborative team player with strong communication and stakeholder management skills further enhances his effectiveness in driving sustainable cost savings without compromising on quality and service standards. Overall, Hari seems like a valuable asset to any organization operating in complex and fast-paced industries.

?? In this episode, Hari discusses:

1. Regulatory Impact:?How guidelines and other regulations shape reverse logistics processes.
2. Managing Expired Pharmaceuticals:?Key considerations for compliance with industry standards.
3. Technology Solutions:?The role of IoT and AI in enhancing visibility and efficiency.
4. Third-Party Logistics Providers:?Their role in optimizing reverse logistics operations.
5. Successful Partnerships:?Examples of medical companies collaborating with waste management firms to enhance sustainability.
6. Inventory Management and Financial Performance:?Impact of reverse logistics on managing surplus inventory and minimizing write-offs.
7. Sensitive Medical Equipment:?Challenges and opportunities in managing the return of items like MRI machines or surgical instruments.
8. Balancing Speed and Compliance:?Strategies to balance rapid returns processing with thorough quality checks.
9. Risk Mitigation in Recalls:?Efficient recall management within the reverse logistics framework.
10. Promoting a Circular Economy:?How reverse logistics can contribute to resource efficiency and waste reduction in healthcare.

Listen to the podcast by clicking below :

https://open.spotify.com/episode/3e18zaZ19x2qSzXCyrjSzr?si=Oz8G_1lQQM-tbsbD2-d7zQ

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