SUSTAINABLE SUPPLY CHAIN MANAGEMENT IN THE MEDICAL INDUSTRY: A THEORETICAL AND PRACTICAL EXAMINATION

SUSTAINABLE SUPPLY CHAIN MANAGEMENT IN THE MEDICAL INDUSTRY: A THEORETICAL AND PRACTICAL EXAMINATION

March 2024 | Emmanuel Adeyemi Abaku & Agnes Clare Odimarha
The paper "Sustainable Supply Chain Management in the Medical Industry: A Theoretical and Practical Examination" by Emmanuel Adeyemi Abaku and Agnes Clare Odimarha explores the critical role of Sustainable Supply Chain Management (SSCM) in the healthcare sector. The authors highlight the importance of integrating environmental, social, and economic considerations into supply chain management practices to achieve sustainability goals. Key components of SSCM in the medical sector include ethical sourcing, environmental sustainability, carbon footprint reduction, supply chain transparency, stakeholder engagement, and continuous improvement. The paper discusses strategies for reducing carbon emissions and waste, promoting social responsibility through ethical sourcing, and balancing sustainability with cost efficiency. It also examines regulatory frameworks and compliance requirements, emphasizing the need for alignment with evolving sustainability standards. Technological innovations, such as data analytics, blockchain, and IoT, are highlighted as crucial tools for enhancing visibility, traceability, and efficiency in medical supply chains. The authors conclude by emphasizing the imperative for sustainable practices in the medical industry and offer insights into navigating the complex interplay of environmental, social, and economic factors in healthcare logistics.The paper "Sustainable Supply Chain Management in the Medical Industry: A Theoretical and Practical Examination" by Emmanuel Adeyemi Abaku and Agnes Clare Odimarha explores the critical role of Sustainable Supply Chain Management (SSCM) in the healthcare sector. The authors highlight the importance of integrating environmental, social, and economic considerations into supply chain management practices to achieve sustainability goals. Key components of SSCM in the medical sector include ethical sourcing, environmental sustainability, carbon footprint reduction, supply chain transparency, stakeholder engagement, and continuous improvement. The paper discusses strategies for reducing carbon emissions and waste, promoting social responsibility through ethical sourcing, and balancing sustainability with cost efficiency. It also examines regulatory frameworks and compliance requirements, emphasizing the need for alignment with evolving sustainability standards. Technological innovations, such as data analytics, blockchain, and IoT, are highlighted as crucial tools for enhancing visibility, traceability, and efficiency in medical supply chains. The authors conclude by emphasizing the imperative for sustainable practices in the medical industry and offer insights into navigating the complex interplay of environmental, social, and economic factors in healthcare logistics.
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