Towards a predictive supply chain resilience model for global medicine shortages: evidence from the US and Belgium

Description

This study aimed to provide the foundation for a global supply chain resilience model for medicine shortages. We used data from he US and Belgium medicine shortage reporting systems to examine the patterns, behaviours and relationships of shortages in the two countries over five years. The findings suggest that global shortages are interconnected. Among US shortages, 30% occurred in Belgium within the year, and supply/demand issues were the most significant factors to affect the time between shortages. Among shortages in Belgium, 43% occurred in the US within a year, production, logistics, and delay issues were significantly related to the time between shortages. These results highlight the need for a globally integrated approach to address medicine shortages.

Period	7 Jul 2021
Event title	28th European Operations Management Association Conference 2021: Managing the “new normal”: The future of Operations and Supply Chain Management in unprecedented times
Event type	Conference
Location	Berlin, Germany, BerlinShow on map
Degree of Recognition	International