Healthcare Digital August 2021 | Page 13

Managing supply chain risk in a postpandemic world

Sundar Kamak , Head of Industry Solutions at Ivalua , has two tips for healthcare organisations to take a more proactive approach to their supply chains .
Apply technology solutions . Connect key IT systems to leverage data wherever possible to drive better decisions . Establish a supply chain risk and performance assessment , monitoring and mitigation plan . Explore a self-distribution model and more transactional automation with procure-to-pay solutions . When the time is right , and you ’ ve been able to automate much of the source-to-pay process , then you can engage in more supplier collaboration and innovation activities .
Diversify and expand the supply chain . Healthcare organisations need to create a system that offers a better view of essential medical supplies to ensure that they are optimising highly fragmented supply chains . This will more effectively align potential demands to constrained supply by avoiding excess in some regions and shortages in others . Resiliency can be improved by dual sourcing raw materials and having multiple suppliers from multiple regions .
� AETNA Aetna Behavioral Health , a company owned by pharmacy retailers CVS , has partnered with Psych Hub to reduce suicide among Americans . Suicide is currently the second cause of death among people aged between 10 and 34 in the US .
� NEW YORK CITY New York Mayor de Blasio is doubling the city ' s $ 500 million investment in life sciences to establish New York as the global leader in this field and create 40,000 new jobs .
� NHSX The UK government continues to cause controversy with its plans for sharing patient data , with critics labelling the latest NHSX document a " rush job " that puts " profits before patients "
� INDIA ’ S VACCINE PROGRAMME Women are being left behind in India ' s vaccination drive , according to reports , with rural regions , in particular , seeing only 30 % of vaccines going to women

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