The Evolving Role of Healthcare Supply Chain Management
Supply chains can be defined as the physical and information resources required to deliver goods or services to end consumers. In the broadest sense, the supply chain includes all activities related to manufacturing, raw material extraction, processing, storage and warehouse storage and transportation.
Supply chain usually refers to the resources needed to distribute goods or services to the end user. In healthcare, managing the supply chain is normally a very complex and fragmented process. Healthcare supply chain management is a process of obtaining resources, handling supplies and distributing goods and services to providers and end users.
List of few companies engaged in this Study
- Advocate Health Care, Inc.
- AmerisourceBergen Corporation
- Intermountain Healthcare
- McKesson Corporation
- Providence Health & Services
- SAP SE
- SpendVu
- STERLING HEALTHCARE LOGISTICS.
- Vizient Inc.
- VUEMED
To complete the process, information about medical components and services usually go through a number of independent stakeholders, including manufacturers, insurance companies, hospitals, providers, group purchasing organizations and several regulatory agencies.
The healthcare supply chain management market is anticipated to grow with a significant rate in the coming years, owing to factors such as, increasing pressure on healthcare providers to expand working efficiency & profitability and the emergence of cloud-based solutions drives. Mobile-based healthcare supply chain management solutions and faster adoption of technology offer growth opportunities for the players operating in the market.
The report analyzes factors affecting healthcare supply chain management market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the healthcare supply chain management market in these regions.
It was often observed that the most important new opportunities for cost reduction and creating new products and services were based on an understanding of the interactions between different subsystems or agents operating in the supply chain.