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The future of healthcare supply chain

February 12, 2021
From the January/February 2021 issue of HealthCare Business News magazine

Transparent, ethical networks. Blockchains can enable cross-industry, multi-enterprise networks to provide shared visibility into trusted data that can drive insights and decisions. When connected with the supply chain, Blockchain networks can also remove transactional blind spots between partners, reduce order errors, and improve dispute resolution.

Dynamic computing configurations. These environments — hybrid cloud, platforms, and edge — can provide responsive data insights and security. For example, all of the incredible work it takes to create a vaccine like this could be undermined by bad actors, counterfeiters and the threat of cyberattacks. This information and level of threat is not new; however, the effects of a global pandemic have brought a new appreciation of the risk and potential impacts.

Takshay Aggrawal
Everyone, whether they’re working remotely, or working in healthcare and other essential services, relies on supply chain managers to make sure that food, medicine, equipment, and other vital supplies get into the hands of those who need them. With heavy investments in AI, cloud and automation, enterprises can be more dynamic, responsive, and resilient, as well as interconnected to both their external ecosystems and internal processes. A safe, effective and equitable healthcare system is a crucial path to foster public trust. For this to happen, intelligent supply chains will be essential.

About the author: Takshay Aggrawal is the global lead for Supply Chain Practice at IBM Global Business Services.

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