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Essay Available:
Pages:
5 pages/β‰ˆ1375 words
Sources:
3 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Coursework
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 29.16
Topic:

Supply Chain Management for Healthcare Organizations

Coursework Instructions:

I will attach both papers needed for this assignment. one was based on an assignment from a combination of a swat analysis from a prior class I'm not sure if the two can be combined. I am ok with what can be done. I just want out of this class:( I appreciate you!
Exam Content
In the final week of the course, you synthesize the knowledge of health care costs, revenue, and expenses, along with the underlying economic drivers of these considerations to evaluate ways to improve quality of care and to lower costs for patients. You also integrate considerations in supply chain management that can impact your brand and, in turn, affect demand for your services, whether positively or negatively.
Write a 1,225- to 1,550-word report of your organization’s supply chain management and how it impacts your organization’s brand. Include the following points:
Based on the assignment in Week 2, analyze how the economics in your market impact your organization’s management of its supply chain.
Based on the assignment in Week 4, analyze if the expenses in your organization are impacted positively or negatively by how the supply chain is managed.
Summarize the state of supply chain management and operations at your organization. Make any recommendations based on supply chain best practices to enhance its performance within the context of the health care sector.
Many suppliers and their customers co-brand now (think of Coca-Cola and McDonald’s). Are there opportunities for your organization to co-brand with any of its supply chain partners? If so, what are the advantages?
Cite any references to support your assignment.
Format your citations according to APA guidelines.
Submit your assignment.

Coursework Sample Content Preview:

Supply Chain Management for Healthcare Organizations
Your Name
Subject and Section
Professor’s Name
Understanding how to improve supply chain management is essential in healthcare. It allows the organization to provide adequate service while reducing costs and increasing the quality of care. In this paper, the author would like to focus on assessing and implementing the supply chain management capabilities of the University of Pennsylvania Health System (UPHS). UPHS is an organization that is a healthcare provider that is committed to delivering high-quality care to patients while controlling costs. Supply chain management is critical in achieving this goal by ensuring we have the necessary supplies and equipment to provide care at the right time and cost. As such, this report will examine our organization's supply chain management and how it impacts our brand.
Analysis of the Economics in the Organization's Market
Economics has always been one of the most significant factors in managing an organization’s supply chain. Any change in the demand, supply, and price of commodities could affect the organization's capacity to operate and the price paid by the patient. For example, one study by Almajali et al. (2023) found that reimbursement rates significantly affect the supply chain management of healthcare organizations. In response to low reimbursement rates, organizations may seek to negotiate better prices with suppliers or find alternative sources of supplies to reduce costs.
Furthermore, labor and supply costs are critical in supply chain management. A study by Fonseca and Azevedo (2020) found that labor cost is a significant determinant of supply chain performance in the healthcare sector. Rising labor costs can lead to increased supply chain costs, as organizations may need to increase wages or hire more staff to meet demand.
In line with UPHS’ market, we have also observed the impact of economic factors on supply chain management. For instance, the organization has experienced fluctuations in reimbursement rates and patient volumes, which have led us to adopt various supply chain management strategies. To counter this, the organization has implemented just-in-time inventory management and vendor-managed inventory to reduce costs while ensuring we have enough supplies and equipment to care for our patients. This shows that economic factors are critical considerations in healthcare supply chain management. Organizations must carefully monitor these factors and implement effective supply chain management strategies to ensure they can provide high-quality care while controlling costs.
Impact of Supply Chain Management on Expenses
Aside from the market itself, changes in the supply chain could also affect the organization's expenses, which could then affect operability and costs. In Khorasani et al. (2020), effective supply chain management can reduce expenses and increase the healthcare industry's profitability. The study found that just-in-time inventory management, which our organization uses, is an effective strategy for reducing inventory holding costs and minimizing waste.
In contrast, another study found that supply chain management can impact a hospital's financial performance, w...
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