How IoT influences healthcare supply chain

The Supply chain in common parlance refers to the resources needed to deliver goods or services to the final consumer. In the healthcare sector , managing the supply chain is quite complex and is a fragmented process. The healthcare supply chain is the activity of managing supplies and delivering the required products and services to end users or patients. It involves the regulation of the flow of medical goods and services from the manufacturer to the patient. The promotion of efficiency in the healthcare supply chain by enterprises in healthcare sector can create huge cost reduction opportunities. The clinical staff involved in healthcare supply chain management is responsible for stocking hospitals/healthcare centers with the product providers needs and in managing inventory. The healthcare sector is witnessing enormous changes in the way goods and services are being delivered as it is becoming much smarter and efficient with new technology breakthroughs such as the Internet of Thi...