Two Ways to Help Protect the Integrity of Your High-Value Healthcare Shipments
Never underestimate the impact of losing a shipment — whether you’re facing complete loss, spoilage, or delay
For healthcare companies in particular, the potential for financial loss is magnified when transporting high-value products like time-sensitive cancer medications, temperature-sensitive vaccines, and expensive devices like MRI equipment and pacemakers. The margin for error is slim, and your logistics decisions may impact your bottom line.
Losses associated with temperature excursions alone in the healthcare industry are estimated at $35 billion. Here are two ways to help control the integrity and security of your high-value goods.
1. Insist on expert, round-the-clock monitoring.
The possibility for risk or delay is everywhere. Pharma products from Asia could have longer lead-times, exposing the shipments to unforeseen delays and conditions. New defibrillators inadvertently misclassified on a form get stuck in customs. Temperature-sensitive drugs could be compromised by carrier delays or packaging failures.
Subscribe to receive UPS Capital email communications
To stay on top of the latest insights, news and announcements, enter your contact information and select your areas of interest. *Required fields.
By subscribing, you consent to receive special offers and news from UPS and its affiliates. You may unsubscribe at any time.
For more information on our privacy practices, please consult the UPS Capital and UPS Privacy Notices available on upscapital.com.