The Pros And Cons Of Supply Chain Management

1314 Words 6 Pages
can create another unknown. A solution for the problem is that, pharmaceutical companies can learn from their previous product and make necessary adjustment to the life cycle of the product. These companies can invest technology that will shorten life cycle by creating new distribution channels. Hospitals can take an initiative by controlling the pricing of the products set forth by pharmaceutical companies. Other issues that rises up the lack of predictability for the demand for medicine. Some clinician’s preferences can create more uncertainties. In my experience most if supply chain managers are not educated. These positions to my knowledge are filled by former healthcare employees without a background in a business. These managers are …show more content…
RFID is a software system that keeps track of confidential information being dispersed throughout the hospital and satellite centers. For example, this software allows transfer of data from our satellite hospital from California to Philadelphia. Traditional PACS system can take up to days before patient information is transferred. RFID is self-operated, it learns and adapts accordingly and no need of human intervention. According to technical staff of RFID at my hospital, the software can be reprogrammed, adjusted and tweaked as per needed. RFID offer accurate and real time data and ability to track various information and data throughout the organization. Customized product for patients and proper investment in can reduce the healthcare organization expenses. If not, a lot of money can is going to be wasted on unnecessary equipment’s and features. Hospitals usually purchase products with features that are not required medically or legally. They also have to careful that do purchase few or wrong components. Some Healthcare institutions bloat about their budgets with expensive products and services. These organizations need find strategies to lower costs or alternatives to meet customer’s requirement. All new technology needs to be closely monitored for the first three to five months. This is done to make sure the equipment is meeting specifications and expectations. Old technology needs to …show more content…
Hoarding of supplies by nurses on duty to make sure they do not run out. Take that picture and magnify ten thousands time you will get a warehouse of thousands of unnecessary supplies with no purpose. Maintaining excessive inventory is a chronic disease within healthcare industry. There are alternatives to achieving proper availability of inventory, rather than dealing with unnecessary costs of stockpile products. It begins with the creation of proper tracking of products, from every supply chain within the hospital. Proper data is required before reordering new supplies, this provides visibility on which products were used and which were not. Lastly the organization needs to build an effective warehousing and transportation framework that will quickly operate on the collected data. Proper inventory management requires effective inventory, ability to deliver products quickly to patients and most importantly delivering products safely and cost

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