AID OF ENTERPRISE RESOURCE PLANNING IN THE HEALTH CARE MANUFACTURING INDUSTRY

During the time I had the opportunity to take part in the workforce of supply chain in the health care industry, I was able to learn how enterprise resource planning (ERP) systems and related technologies have acquired significant importance in the manufacturing strategy across a wide range of companies, but first of all, what is ERP? Well, according to ORACLE, Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations. A complete ERP suite also includes enterprise performance management, software that helps plan, budget, predict, and report on an organization’s financial results.

Going for a historical overview on the major development of resource planning, I believe the triggering point was convincing managers of the various benefits derived from the implementation of an ERP system, this promise ultimately began to fuel its growing attractiveness, especially when the results of focusing on the chain of value began to show in the form of: efficiency increases throughout company processes, improved communication between divisions, improved productivity, and various strategic benefits. It is now well-known how health care organizations around the world, have been looking for ways to successfully implement ERP in order to improve operational efficiencies, especially in terms of key performance indicators (KPIs), and reduce costs, particularly in their back-end operations.

Inventory management, supply chain management, patient relationship management, finance & billing, compliance management, medical equipment, and revenue cycle management are just a few of the areas where ERP can be used. Players in the health-care industry have been able to upgrade their IT systems by integrating ERP with their health-care IT infrastructure.

Therefore, when it comes to supporting owners and managers in developing a strategy plan, ERP has proven to be a suitable resource. It finds and prioritizes areas for development, consequently improving the organization’s overall efficiency, making it much easier for senior management to monitor and assess whether the processes in place are effective or not after the areas that need to be addressed have been identified.

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https://www.emerald.com/insight/content/doi/10.1108/14637150010352390/full/html?casa_token=9AqFjd2mn-wAAAAA:AYwFxcfAhexreYa-pf9UA92romXX0Ibrchs6kVfbUKgVVYn1JZTGYknPxmeCfTen3czM1vjN9QA252dcC2F9zReb4GJkHmu2Ynog0J3eRtEzQZ_c_gow

https://www.tandfonline.com/doi/abs/10.1080/17517570903100511

https://meridian.allenpress.com/jeta/article-abstract/1/1/63/115626/Enterprise-Resource-Planning-ERP-Systems-An

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