Healthcare Supply Chain Resilience: Lessons Learned from the Pandemic and Strategies for the Future
News-Medical.Net December 6, 2023
The coronavirus disease 2019 (COVID-19) pandemic significantly altered how many industries worked, not least the global healthcare industry. In particular, healthcare supply chains were drastically impacted by the pandemic. Healthcare supply chains have not returned to their previous operations; it seems they have been forever changed.
The pre-pandemic supply chain
Before the COVID-19 pandemic hit, the operations of healthcare supply chains focussed on cost-effectiveness, efficiency, and most often worked on a just-in-time method of inventory management. Below, we discuss some of the key features of healthcare supply chains in the pre-pandemic era.
The just-in-time strategy involves moving supplies just before they are needed. If needs are anticipated accurately, then this method allows little inventory to be stocked, which can...