Global Healthcare and the Supply Chain

Effective supply chain management in healthcare significantly impacts various aspects, including cost reduction, improved patient care, and enhanced efficiency. By optimizing inventory, reducing waste, and streamlining processes, healthcare organizations can improve financial performance, ensure timely access to essential supplies, and ultimately deliver better patient outcomes. Supply chain management is essential for delivering high quality care to improve patient experience. There is a large network of systems and processes that guarantee the delivery of medicines and supplies to healthcare institutions and patients. In addition, there are challenges to the supply chains such as disruptions, which force innovative strategies to mitigate negative consequences from these disruptions. Ensuring products end up with customers is an important objective for all businesses, but it is completely critical in healthcare. Lives depend on receiving supplies and medications on a timely basis. Collaboration and communications between all involved in the healthcare supply chain - suppliers, manufacturers, distributors, healthcare institutions, clinicians - facilitate this movement of goods, services and information. Only then, will hospitals and other healthcare institutions meet patient needs. This book addresses many of the disruptors and delays experienced in the supply chain including regulatory compliance, fluctuating demand, systems complexity and visibility. The author also addresses how AI is changing the supply chain as well as how digitalization has generated benefits and deliverables. The author shares his experience to examine both the operational, regulatory and strategic aspects in healthcare supply chain management as well as a look into the future and what is shaping the industry.