SIGNIFICANCE OF SUPPLY CHAIN IN GLOBAL HEALTHCARE AUTOMATION
The global healthcare supply chain and logistics involve a series of process and workforce across diverse team. It involves the movement of medical laboratory equipment, surgical equipment, and other products needed by the healthcare professionals to carry out their
jobs. Supply chain ensures proper linkage of healthcare systems, structures, departments, operations and revenue cycle. The significance of efficient supply chain in healthcare improves processes, efficient utilisation of resources, satisfy employees, effective treatment and happy patients. In order to optimize inventory control and reduce product handling costs, its necessary to manage the supply chain in an integrated perspective. An integrated perspective capable of overcoming boundaries between professional specialization and organisations involved in the the flow of product from warehouses to the healthcare facility. Global healthcare automation is revolutionising patient care and medical advances.
The Only Summit To Gather Key Stakeholders Across The Entire Healthcare Supply Chain. Developing a robust and strategic supply chain network. bringing together the region’s leading healthcare regulators, providers, operators, distributors and manufacturers to create a cohesive, strategic supply network.
In this, we will read about the Supply Chain Management in Healthcare
The following contents will be described briefly:-
1. What is a supply chain?
2. The process of Views of Supply Chain
3. Objectives of Supply Chain Management
4. Supply Chain Decisions
5. Benefits of Supply Chain
6. Integrated Health Supply Chains
7. New Trends In Healthcare Supply Chain
8. Potential Risks to an Organization and Supply Chain
9. Strategies to Improve Healthcare Supply Chain Management
A New Payer Model for Medical Management ExecutionCognizant
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The Only Summit To Gather Key Stakeholders Across The Entire Healthcare Supply Chain. Developing a robust and strategic supply chain network. bringing together the region’s leading healthcare regulators, providers, operators, distributors and manufacturers to create a cohesive, strategic supply network.
In this, we will read about the Supply Chain Management in Healthcare
The following contents will be described briefly:-
1. What is a supply chain?
2. The process of Views of Supply Chain
3. Objectives of Supply Chain Management
4. Supply Chain Decisions
5. Benefits of Supply Chain
6. Integrated Health Supply Chains
7. New Trends In Healthcare Supply Chain
8. Potential Risks to an Organization and Supply Chain
9. Strategies to Improve Healthcare Supply Chain Management
A New Payer Model for Medical Management ExecutionCognizant
To combat rising costs and inefficient use of resources, payers can streamline utilization management and optimize care management through medical management delivered as a service.
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SIGNIFICANCE OF SUPPLY CHAIN IN GLOBAL HEALTHCARE AUTOMATION .pdf
1. SIGNIFICANCE OF SUPPLY CHAIN IN GLOBAL
HEALTHCARE AUTOMATION
A PARTNERSHIP WITH INTERNATIONAL HEALTHCARE BILL
BY
MILITARY SCIENTIST RAKAU FARMASUM FELIX BILLY
(SPACE FORCE ADVANCE HOSPITAL)
2. INTRODUCTION
• The global healthcare supply chain and logistics involve a
series of process and workforce across diverse team.
• It involves the movement of medical laboratory
equipment, surgical equipment, and other products
needed by the healthcare professionals to carry out their
jobs.
• Supply chain ensures proper linkage of healthcare
systems, structures, departments, operations and
revenue cycle.
3. • The significance of efficient supply chain in healthcare
improves processes, efficient utilisation of resources,
satisfy employees, effective treatment and happy patients.
• In order to optimize inventory control and reduce product
handling costs, its necessary to manage the supply chain in
an integrated perspective.
• An integrated perspective capable of overcoming
boundaries between professional specialization and
organisations involved in the the flow of product from
warehouses to the healthcare facility.
INTRODUCTION
4. • Global healthcare automation is revolutionising patient
care and medical advances.
• Implementing automation in healthcare will likely be the
first responsibility of new healthcare administrators as
they are tasked with lowering costs, improving care
quality and using data analysis to support decision
making.
INTRODUCTION
5. HEALTHCARE SUPPLY CHAIN
• Supply chain is a process that involves the entire activities
ranging from the identification of a customer needs
through product selection, negotiation with suppliers,
payment, storage, distribution and redistribution.
• Supply chain management covers the upstream and
downstream relationships with suppliers and customers, in
order to solve problem of functional division that occur
within and between organisations.
6. • It extends the concepts of partnerships into a multi-firm effort
to manage the total flow of goods from the supplier to the
ultimate customer, to achieve greater benefit.
• Supply chain management deals initially in the context of
manufacturing, but its also beneficial to the health sector.
• It shows an important impact on hospital performance, in the
aspect of reducing wastes, preventing medical errors,
improving quality of care, service and efficient operations.
HEALTHCARE SUPPLY CHAIN
7. • Supply chain management is designed to assure a high
service level by maximizing the resource allocation, in order
to respond effectively and promptly to the patient care
needs.
• A successful supply chain management requires planning,
managing and controlling physical, information and
financial flows through the integration of key processes.
• The main objectives of a good supply chain logistics
include:
HEALTHCARE SUPPLY CHAIN
8. • Improve information systems for accurate data collecting
and reporting; improve forecasting or procurement;
improve distribution activities; obtain clean, secure and
organised storage; implement a good transportation
system.
• Logistics management information system (LMIS) serve as a
solution for managers to gather information about each
activity in the system, and analyse that information to
coordinate future actions.
HEALTHCARE SUPPLY CHAIN
9. • The purpose of LMIS is to collect, organize and report the
logistics data in order to improve the customer service by
improving the quality of management decisions.
• A well-functioning LMIS provides decision makers with
accurate, timely and appropriate data for managing and
monitoring the flow of supplies, accounting for products,
reducing supply imbalances and improve cost
effectiveness.
HEALTHCARE SUPPLY CHAIN
10. GLOBAL HEALTH AUTOMATION
• The healthcare industry is quickly adopting innovations, such
as medical automation, healthcare artificial intelligence,
healthcare robotic process automation, electronic health
record automation and medical imaging technology.
• It relies on maximum benefits to boost operational
efficiencies, save costs and improve the quality of treatment.
• High installation and maintenance costs, as well as privacy and
security issues, are hindering the global healthcare automation
market growth.
11. • Also, the limited programmability of automation systems
hamper the world wide expansion of healthcare
automation over the forecast period.
• The global healthcare automation market is estimated to
be dominated by the United States.
• Government organisations in the U.S. are investing in
research and development, which help the healthcare
automation sector innovate.
GLOBAL HEALTH AUTOMATION
12. • The growing need for better healthcare services and
increasing preference for diagnostics and monitoring
automation are driving the market growth in the U.S.
• Therapeutic automation is the leading application in the
healthcare automation market.
• Therapeutic automation commonly referred to as
therapeutic assistance or patient-specific gadgets, serve as
a technical solution that aids patients in managing their
ailments and achieving specified objective.
GLOBAL HEALTH AUTOMATION
13. • The therapeutic devices are developed to help patients
with specific conditions in their daily task.
• These automated tools can be used by healthcare
providers as part of their treatment plans, and they can
also be prescribed to patients who can use them at home.
• It’s a fully automated digital therapy systems, which
incorperates a variety of tools and technologies that
provide superior therapies to patients, including
physiological procedure regulation.
GLOBAL HEALTH AUTOMATION
14. • In the medical laboratory healthcare automation offers a
wide range of applications.
• It’s used for increasing the efficiency, accuracy,
quality,reliability and timeliness of testing; by giving access
to faster result turn around time and reducing error.
• Artificial intelligence and software robots are being used to
assist with resource distribution, security and efficiency
advantages.
GLOBAL HEALTH AUTOMATION
15. BENEFITS OF EFFECTIVE SUPPLY CHAIN
• It improves customer satisfaction: Effective supply chain
management and product flow streamlining helps in
minimising several customer-centric issues and ensure
customer satisfaction remains high.
• Reduces operating costs: Supply chain inefficiencies leave a
potential impact on bottom line. By conducting thorough
reviews at part of management process, supply chain costs
and the time it takes for a finished product to arrive in the
customers hands can be reduced.
16. • Improved cash flow: It improves the process of selling
products while ordering efficiently, and thus improving cash
flow and making it easier to analyse financial metrics. As such
one can accurately forecast what to sell and how much
product will be needed to meet customers demand.
• More efficient sourcing and procurement: By having a clear
idea of what good looks like in terms of what is needed from
the supplier, you can find suppliers that meet your
expectations and need based on standard and excellence.
BENEFITS OF EFFECTIVE SUPPLY CHAIN
17. • Safeguarding supply of raw materials: Having a good
relationship with suppliers and working together, makes you at
the front of the queue and given priority if there are issues like
shortage of raw materials.
• Better inventory management: Involve having the right
product, in the right place and at the right time. An effective
management process helps to move towards a just-in-time
supply chain strategy, improves forecasting and provide
suppliers with better warehousing solutions.
BENEFITS OF EFFECTIVE SUPPLY CHAIN
18. BENEFITS OF EFFECTIVE SUPPLY CHAIN
• Better partnerships with distributors: Partnership is a crucial
part of supply chain management strategy. Having a good
relationship with the distributors helps one to rely upon
getting the final product into customers hand.
• Ensure adherence to legal and ethical standards: The nature
of modern global supply chains holds one accountable for
suppliers adherence to legal and ethical standards. Supply
chain sustainability and transparency ensure you meet the
required standards both at home and wherever your suppliers
are.
19. BENEFITS OF EFFECTIVE SUPPLY CHAIN
• A competitive advantage in your industry: Every supply
chain has unique complexities and challenges. By making
supply chain management a priority in business, you'll give
yourself a competitive advantage against those who don't.
20. GLOBAL HEALTH SUPPLY CHAINS OF THE
FUTURE
• Adaptable and resilient supply chains are the backbone of
health systems that provide regular access to lifesaving
commodities and medicines to people everywhere.
• Supply chain investments are meant to prepare for future
changes in healthcare demand.
• The convergence of trends in technology, innovation,
economy growth and shifting disease burdens will likely
drive large-scale changes in supply chain.
21. GLOBAL HEALTH SUPPLY CHAINS OF THE
FUTURE
• Building additional supply chain capacity or developing new
workforce competencies, requires years to plan and execute;
and they cannot be successful without a clear and well
informed vision of supply chain needs.
• A clear vision is needed through a number of different
research avenues:
• Such avenues consist of reports on future trends across
several industries, breaking down the meaning and
applicability of those trends for governments, donor
agencies, private companies and patients who comprise the
global health supply chain;
22. GLOBAL HEALTH SUPPLY CHAIN OF THE FUTURE
• Developing quantitative models to estimate future changes
in health supply chain demand levels, based on existing
epidemiological, socioeconomic and medical trends
research;
• Simulating the impact of future demand changes on supply
chain capacity needs and choice of optimal strategy.
23. CONCLUSION
• The rising data in the healthcare sector, the improvements
in the supply chain network of manufacturers, and the
growing acceptance of supply chain management systems
are augmenting the growth of the healthcare supply chain
management.
• The supply chain management systems are both hardware
and software in the emerging economies.
• A healthcare facility needs to be modernised in supply
chain management practices.
24. CONCLUSION
• There are significant advantages to having advanced
systems in place that streamline supply chain flow.
• Thus, modern supply chain management solutions are
employed by healthcare institutions and other
stakeholders to maximize profits and provide efficient
support to the needy.