Healthcare IT News: Supply Chain

The supply chain is a network between business companies and stakeholders that engage with a product to deliver it from the point of origin to the point of consumption. Supply chain management deals with the management of the flow of goods and services, including all processes that are responsible for converting raw materials into final products. Healthcare supply chain management generally includes the regulation of medical goods and services from a manufacturer to a patient. Supply chain analytics improves the operational efficiency and effectiveness of organizations by ensuring data-driven decisions at different levels (strategic, functional, and tactical levels).