Medical, Lab & IT Equipment Benchmarking & Analytics

Medical, Lab & IT Equipment Benchmarking & Analytics

June 27, 2023

Market Alerts

Potential UPS Strike Could Further Disrupt Supply Chain

A potential UPS strike is looming at the end of July. More than 330,000 UPS warehousing, transportation, and delivery workers voted overwhelmingly to strike if a new, satisfactory agreement is not reached when the current contract expires on July 31. This would be the largest single-employer strike in U.S. history.

What does this mean for hospitals?

With 1 out of every 4 shipments in the U.S. handled by UPS (about 24 million packages/day), a strike of any length will be disruptive and challenge an already stressed hospital supply chain. If shipping volume has to be consolidated among the other carriers, it could overwhelm industry capacity, lead to higher rates, and result in longer, less predictable delivery times.

What can you do?

Whether or not UPS is a primary shipper for your hospital, planning ahead for a prolonged strike by establishing contingency plans for alternate shippers or modes of transportation will help mitigate the impact on your operation. Diversifying your hospital’s risk is the best way to minimize potential consequences of a strike.

Miga will continue to monitor progress in the talks between UPS and the Teamsters Union representing the UPS workforce. We will share more information and updates as it becomes available.

Know the right price.

And get it.

Having the right information saves hospitals time and money on medical equipment lifecycle costs.

Matt Werder

Chief Technology Officer

Hennepin County Medical Center

“Miga’s data is key to helping us be good financial stewards and validates we are using our resources wisely. The market intelligence provided by Miga’s EVMS platform has allowed us to save substantial amounts of money.”

Matt Blashill

Enterprise Director of Supply Chain

Lake Region Healthcare

"There’s a personal touch that sets Miga apart from their competitors. They don’t just offer great insights. They always take the time to provide additional analysis that is meaningful and actionable."

Dan Bazinet

Director of Clinical Engineering

Southcoast Health

“In all my years in health care, I’ve used a lot of benchmarking tools. Most simply repeat information passed along from others; Miga’s information tells me what’s really happening.”

COO

Community Hospital

"Miga's negotiating skills save us time and money. And their unique understanding of the market means we’re always playing from a position of strength."

Supply Chain Director

Regional Healthcare System

“All suppliers claim to have excellent customer service. Miga actually walks the talk and always has our best interest at heart. We love working with them."

"Miga’s ability to match equipment donated by their customers with the needs of our medical projects has been a most valuable and welcomed resource."

Jim Tierney

CEO

Suburban Radiology

“Miga’s data, analysis and expertise – in particular related to the fair market value of clinical equipment – is a critical resource we need to support strategic acquisitions, divestitures and joint ventures.”

Eric Hoag

Director, Corporate Strategy & Development

Allina Hospitals and Clinics

“Miga’s proprietary data and expertise was critical to our ability to close an acquisition deal quickly and with a high level of confidence in our valuation.”

Bill Barta

Corporate Director, System Imaging

Fairview Health Systems

“Miga’s objective information-based approach and understanding of the needs of hospitals makes them a valuable resource and helps us make the most cost effective spending decisions.”

Scott Bosch

Manager of Clinical Engineering

Park Nicollet Health Services

“The groups responsible for managing technology in our healthcare organization need data and analysis to manage costs and make informed decisions. Miga’s EVMS platform is an important and valuable resource that helps us make the right decisions for both our clinical priorities and budget.”