Knowledge@Wharton April 17, 2020
As the COVID-19 pandemic is making painfully clear, several challenges are associated with providing caregivers with basic tools and remedies. Hospitals and health centers around the world are struggling to keep pace with the surge in demand for test kits, basic medical supplies, personal protective equipment and life-saving drugs in an effort to satisfy existing demand and prepare for the expected increase in cases related to the coronavirus outbreak. It is difficult to predict when, where and how these outbreaks may occur and spread.
What we can do is be better prepared for when these episodes arise. This can help reduce risk and disruption by combining several analytics-based tools that are now becoming commonplace in supply chain discussions: blockchain and...
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