A Study Of Supply Chain Resilience&Agility And Its Impact On Healthcaresector During Covid-19 Period

Abstract

Coronavirus pandemic engulfed the whole world and put in each country, each business and each store network in significant trouble. Medical care supply chains generally crucial during this period got uncovered of a few gaps, shortcomings, and consequently bringing about intense lack of wellbeing fundamentals, flood of clinic limits, reserve put something aside for calamity the executives transforming into rubble, complete breakdown of basic store network, little creation, focal, state governments and nearby local offices battling to take therapeutic and precaution measures. Supply Chain can be upset by any catastrophic event, war or psychological warfare, provider bankruptcy, financial disappointments, information breaks, and cyberattacks. The greatest distinction about the COVID-19 pandemic concerning others is (a) it affects the entire globe, (b) the level of improbability, (c) repetitive waves at different junctures, (d) unknown duration of each disruption and (e) faltering demand for products and services. Health Sector like other sectors has assessed their risks and planned to mitigate the risks during these disruptions by ramping up the production capacities & locations, different products & services portfolios to meet the frequently changing demand, identifying the supply chain challenges, devising different strategies in adapting and building the supply chain  resilience and required business wide agility.

The pandemic has exposed the vulnerabilities of the supply chain infrastructure and need to relook at resilience and agility to meet supply chain measures of efficiency and responsiveness. The scope of this article is limited to the impact of supply chain agility and supply chain resilience on the healthcare industry in Mumbai. The cascade impacts of pandemic ill-effects in other supply chains are extremely difficult to measure and anticipate. The pandemic has increased strain on numerous fronts at once, in the form of dramatic demand spikes, and the impacts of these pressures are exponentially greater in the healthcare sector, which has worldwide, multitiered supply chains that must meet regulatory requirements.  The study has emphasized the Healthcare sector service providers should focus on reaching supply chain resilience, by strengthening its capabilities such as supply chain agility and its management, since resilience represents the ability to adapt and integrate the supply chain which consequently results in an improved operational performance.