Supply Chain

The Raging Competition for Medical Supplies is Not a Game, but Game Theory Can Help

The Raging Competition for Medical Supplies is Not a Game, but Game Theory Can Help

The Conversation, August 4, 2020

The world continues to reel from the pandemic and, among many other things, the shortage of medical supplies that has resulted. Yes, the world has experienced natural disasters, but they are typically limited in time duration and location. The coronavirus pandemic has severely impacted the globe for many months.

Bargaining and the Three-Way Transaction Defines the Daily Deal Market

Bargaining and the Three-Way Transaction Defines the Daily Deal Market

Science Codex, August 3, 2020

f you've ever taken advantage of a nice discount thanks to a promotion from Groupon or LivingSocial, you've tapped the power of the daily deal market yourself. You, the consumer, benefited from the prior bargaining that took place between that big online platform and the merchant, resulting in a lower price for you.

NITIE Logistics Eves Series on Supply Chain Resilience

NITIE Logistics Eves Series on Supply Chain Resilience

The Times of India, July 31, 2020

The COVID 19 has caused unprecedented havoc in the world and disrupted lives, livelihood, business, enterprise, and economy. The disruption to the supply chain and the inadequate response of the industry has been the cause of concern across the globe.

Why We Should Already Be Planning For COVID-19 Vaccine Distribution

Why We Should Already Be Planning For COVID-19 Vaccine Distribution

NC State University, July 29, 2020

We do not yet have a vaccine that can be used to help protect people from contracting COVID-19. However, once a vaccine is proven to be both safe and effective, governments, industry and healthcare providers will face the considerable task of figuring out how to distribute the vaccine fairly and efficiently.

Still Can’t Find Disinfectant Wipes? You’re Not Alone

Still Can’t Find Disinfectant Wipes? You’re Not Alone

CBS Los Angeles, July 27, 2020

Four months into the coronavirus pandemic, and the race to find disinfectant wipes continues. “I figured the rush would be over and people would relax a little bit, but I think they’re still hoarding,” Sean Sphisak, a shopper, said. “There’s none,” Angel Gonzalez, another shopper, said. “I’ve gone to all these grocery stores. I’ve gone to Rite Aid, CVS, anything you can think of, I’ve been there.”

The PPE Supply Chain is a Black Box - That Needs to Change

The PPE Supply Chain is a Black Box - That Needs to Change

Fortune, July 25, 2020

The shortage of personal protective equipment (PPE) in the U.S.—which has exacerbated the COVID-19 crisis across the country—is likely to continue in a second wave of the pandemic. It has also exposed supply chain vulnerabilities in the process, namely, the reliance on foreign countries to produce the overwhelming majority of specialized PPE, such as N95 masks. 

Reshoring, Restructuring, and the Future of Supply Chains

Reshoring, Restructuring, and the Future of Supply Chains

MIT Sloan School of Management, July 22, 2020

The COVID-19 pandemic has been deeply disruptive for supply chains as businesses grapple with fluctuations in supply and demand, intermittent outbreaks in different parts of the world, and speculation about reshoring and reducing reliance on China. Many companies are looking at restructuring their supply chains, trying to balance resilience with efficiency and reduced costs — a process either started or accelerated because of the pandemic.

Influenza Vaccine Supply Chain Lessons for Coronavirus

Influenza Vaccine Supply Chain Lessons for Coronavirus

Bloomberg Law, July 21, 2020

The Covid-19 pandemic exposed vulnerabilities in global supply chains of medical supplies, which stoked public fear over shortages of essential medicines and medical supplies. As the world is focusing on the development of vaccines to combat the latest coronavirus, we shall not lose sight of the delivery of these vaccines, especially when there is a lack of a coordinated medical supply chain in the U.S.

How to Build a Coronavirus Vaccine Supply Chain

How to Build a Coronavirus Vaccine Supply Chain

Bloomberg Law, July 21, 2020

Behind the news about resurging coronavirus cases and the debate about wearing face coverings in the U.S., a global race is underway to develop Covid-19 vaccine to quell the pandemic. As of July 15, 2020, there were 163 vaccines against the coronavirus and 23 of them were undergoing human trials. Before this race ends, we must start thinking about the endgame. The underlying health risks have prompted the U.S. government to promise delivery of 300 million doses of Covid-19 vaccine by January 2021 under Operation Warp Speed.

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