Tag Archives: Cost

Decreasing the $290 billion cost of poor drug adherence

A report in the Wall street Journal (May 21, 2013) quotes a $290 billion cost estimated by the New England Health Institute due to poor drug regimen adherence by 33% to 50% of the patients, thus increasing hospital or other … Continue reading →

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Vertical integration in the US global pharmacy supply chain and impact

An article in the Wall Street Journal (May 21, 2013) describes an alliance between Walgreens, Alliance Boots and AmerisourceBergen to consolidate their global purchasing of generic and branded pharmaceuticals and sell them through their US Walgreens retail stores and AllianceBoots … Continue reading →

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Can outsourced manufacturing compliance to agreements be crowdsourced ?

An article in Bloombergbusinessweek (May 20, 2013) describes companies such as LaborVoices and LaborLink that permit employees at manufacturing plants abroad to call in anonymously to report about working conditions. The companies then follow up to verify complaints and thus … Continue reading →

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The economics of the $6.75 shirt in Bangladesh

In an article in the Wall Street Journal (May 16, 2013), a manufacturer, Rubana Haq, describes the producer margins in a $6.75 shirt he manufactures. He claims that it costs $4.75 to buy the cotton cloth and $1 for the … Continue reading →

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Software to track detailed flows from prescriptions to drug usage at the patient level

An article in the New York Times (May 16,2013) describes software that uses insurance records, claims etc to track individual drug prescriptions from doctors to patients to pharmacies, including refills, albeit without patient identifiers. But the data does include details … Continue reading →

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Sharing costs for inspection and dispute resolution in Bangladesh

An article in the Wall Street Journal (May 13, 2013) describes an agreement between European and Canadian retailers to create a board to oversee factory inspections, resolve disputes and ensure compliance with wage standards in Bangladesh. The costs to a … Continue reading →

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Ecommerce in Nigeria – motorcycles, tuk tuks and vans to deliver goods and collect funds

An article in the Financial Times (May 14, 2013) describes ecommerce companies in Nigeria like Konga.com and Jumia.com, that permit internet ordering of goods, delivery to the customer and collection of money on delivery. Given worries about fraud, Nigerians prefer … Continue reading →

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Should Quirky open retail stores ?

An article in Forbes (May 27,2013) features “Quirky” (http://www.quirky.com/) – an online new product development company that uses crowdsourcing to take product suggestions to develop and manufacture products for sale at retailers. Quirky starts with ideas from inventors, then chooses … Continue reading →

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Can consumers force retailers to develop ethical supply chains for products?

In a discussion in the Sunday Review of the New York Times (May 12, 2013), Professor Jerry Davis suggested that consumers can demand from retailers that they develop ethical supply chains, following the deaths of employees manufacturing clothing in Bangladesh. … Continue reading →

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Fair Trade clothing ?

An article in the New York Times (May 8, 2013) describes a movement to inform consumers about the supply chain used to produce apparel – termed Fair Trade clothing. This is to convince consumers that the clothing was produced by … Continue reading →

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