Author Affiliation, Ana.
Department of Management Studies
Improving inventory management in health care systems
Social and economic studies
Date of Publication
The past several years have seen many changes in the global health care industry. In order to maintain efficiency at reasonable and competitive prices, without compromising quality, the planning of operations in the healthcare industry must be consistent with the various changes across the globe. One of these changes is the adoption of more and more operations management principles in planning the operations in the delivery of healthcare. Notes that the healthcare system in Jamaica does not operate in isolation; therefore operations within this system must become more efficient to maintain a competitive edge. Using lessons gleaned from a case study based on a distribution system within a healthcare network from the United States of America, this paper suggests ways in which a multi-echelon inventory approach can be adopted by the healthcare industry in Jamaica. Using an optimisation software package to solve a non-linear inventory model, results from the case study showed that savings can be gained by using a third party to manage the inventory and distribution of hospital supplies. Concludes that the model developed can be adopted or modified to improve inventory management in Jamaica's healthcare industry.....