GE Healthcare CEO Peter Arduini said during the company's first solo earnings call that the supply chain does seem to be improving.
"But again, improving isn't back to, say, the good old days," he said. "All our input costs have some added cost to them, it's why we put a lot of focus on variable cost productivity, we're carrying some inventory from spot buys and things that [are] higher rates, and we're going to see much of that continue into '23. But we have good visibility to it, and I think as we see how the economy plays out and how that plays out relative to inflation, we'll have better insights about what we can do about it. But again, our first half visibility looks quite good at this point in time, we're optimistic that we're going to continue to see improvements throughout the year."