INLEAD facilitated an Industry Expert Workshop for Healthcare Administration April’13 & Oct’12 Batch on 1st May 2013. The workshop was conducted by Mr. Gaurav Khurana, Regional Head – Operations, Fortis Healthcare and the topic of discussion was Supply Chain Management in a Hospital.
Mr. Khurana began the session by discussing Material Management which has become a distinct function in a hospital. Depending on the size of the hospital it could be a separate department or in a smaller set up it could be under the care of the Healthcare Manager. Materials in a hospital range from consumables, stationery and management of equipment’s besides the pharmaceuticals and optical goods.
Mr. Khurana discussed all the components of the Supply Chain including all the 5 M’s and highlighted the basic functions of material management. He also elaborated the fundamental principles of Supply Chain Management like Marketing Intelligence, Negotiation, Standardization and Inventory Control Techniques like VED, ABC and FSN Analysis. He explained the different types of expenditure like CAPEX (Capital Expenditure) and OPEX (Operational Expenditure) and the details of procurement process.
- According to Mr. Abhishek, Oct’12 Batch: “A very Informative session and easy to understand from a student’s perspective.”
- According to Mr. Tanbir April’13 batch: “The practical solutions discussed for the real time problems will give a better understanding when we enter the industry and handle these issues ourselves.”
To conclude, the session was precise and comprehensive highlighting all the important aspects of the supply chain management.