Tag: CliniVantage Healthcare Technologies

  • Everything You Need To Know About Supply Chain Network (Case Study)

    Supply Chain Network is the network between the source of the product to the customer. Each company needs to distribute the product at a low cost to the customer. So we are going to see a supply chain network design case study of products in the coming sections.

    Supply Chain Network design is very important to understand as it helps you calculate the cost and time required for the product to reach the market. This supply chain management case study will give you examples and show you that there is no definite way to design a supply chain design as it depends on the distance between the source of the product and the market.

    Supply Chain Network Design Case Study Of Household Goods
    Supply Chain Management Case Study for Footwear Company
    Supply Chain Case Study for Pharma Company
    Supply Chain Case Study For Safety Equipment Company
    Supply Chain Case Study for an Electronics Company
    Frequently Asked Questions


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    Supply Chain Network Design Case Study Of Household Goods

    supply chain network of household goods

    As we all know that the network design in the supply chain works with basic tasks, for example, the producer takes the raw material from the supplier then they produce the product then they sell it to the customers. Every company has its own supply chain network design or model. One of the main network design case study examples is of a household manufacturer. The manufacturer of cookware, dinnerware, or household tools wants to change its supply chain management system.

    • The first step of network design in supply chain management is to make the manufacturers create a team that will design the best supply chain management system for the company and also looking at the major locations and gather all the data they needed to create the supply chain system.
    • In the second step, the data is gathered, analyzed, and developed into a suitable chain network for the company. Meetings are progressed to validate the plan for the management system.
    • Third, a trial has to be prepared to test the accuracy of the plan. Then, focusing on that a long term plan is developed.
    • Fourth, also looking at other alternatives to get the best plan for the supply system. All the alternatives for supply chain network designs are compared to each other to get the best model for the supply chain. Overall the best model is chosen in terms of cost and service of the performance, after that it is evaluated practically.

    There is not any plan which can be used forever. After each interval of time, the company has to modify its plan according to the company’s performance and demand.


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    Supply Chain Management Case Study for Footwear Company

    the supply chain of footwear company
    the supply chain of footwear company

    This supply chain case study examples is based on footwear companies mainly focuses on three major channels:-

    • First, they focus on retail outlets so that people can purchase products physically from there. It can build trust and relationships with customers which is beneficial for the company. Choosing one of the best locations for retail outlets is one of the biggest challenges for the company also.
    • Second, B2C sales directly target potential customers. It is very beneficial for the company as it reduces the cost of transportation but is not profitable all the time. Many companies also hire third-party companies to manage B2C sales.
    • Third, E-commerce websites are one of the favourite platforms for many footwear companies as they drive sales campaigns which boosts their sales and profit of the company. It does not require any transportation system by the company as all the distribution system is managed by the e-commerce company.

    Supply Chain Case Study for Pharma Company

    supply chain design for pharma company

    Designing supply chain network for distribution systems for medical or pharma companies is very difficult. It is strictly bounded by rules and regulations of the government as well as temperature. It has to be shipped in special packages as well as within a tight delivery schedule system. The network design in supply chain of the pharma industry depends on the current demand and forecast information from the customers.

    The manufacturers can not create an optimal supply chain as there is a fluctuation of demand from the customers from different locations. The supply chain management mainly focuses on improving customer delivery performance and reduce transportation costs for a more optimal region.


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    Supply Chain Case Study For Safety Equipment Company

    supply chain of safety equipment companies

    The supply chain of safety equipment depends on the demand from the market. Not everyone needs a safety kit so its model varies from time to time. One of the recent supply chain case study examples is when we are looking at the coronavirus pandemic situation, the more amount safety equipment for doctors to keep away from infectious viruses, the better it is. So the company needs to develop the best model for this situation.

    On the other hand, on normal days there is very less amount of demand so they have to develop a plan for that situation. Other safety kits like a fire extinguisher need to be transported in a very safe manner so that no harm is done to the equipment. The company has to check out different types of supply chain network and design the model of the supply chain according to the product and demand from the market.

    Before making the model of the supply chain the company has to investigate the present situation and also looking for an alternative of the plan. The company has to do in-depth analysis and physical design and make detailed information about the situation and then finalize the network design in supply chain management.


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    Supply Chain Case Study for an Electronics Company

    supply chain of electronics company

    According to a supplier management case study, the manufacturer of an electronics company needs to be up to date with the model of the supply chain network to compete within the industry. To give focus on an area and prioritize the supply chain.

    • In the initial phase, the team of the supply chain gathers data from the targeted audience and market and also from their direct competitors. They compare all the data to get the best model of the supply chain.
    • The initial stage of the model is an opportunity to cut the unwanted transportation spend and identify the saving opportunity while improving the model of the supply chain.
    • The company can also reduce the number of carriers by improving the product packaging, labelling, and tendering process. By improving the product packaging it can reduce the cost of shipment from different locations.

    There is a lot of different supply chain network design for each product. The company decides according to the demand of customers and the market. They implement the best possible plan in that condition. It can vary from company to company.

    Conclusion

    As per this supply chain network design case study, there is no one size fits all solution for the supply chain industry but rather you need to stay up to date with the latest trends and be willing to update to the newest technologies whenever the situation arises. We hope this supply chain case study gave you some insights on the initial steps you have to take to be successful in the industry!


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    Frequently Asked Questions

    What is a supply chain network?

    In simple terms, the supply chain is the process that encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end-user.

    What are the 5 basic steps of supply chain management?

    As per this supply chain management case study, the basic five steps of Supply Chain Management to keep in mind when strategizing are Plan, Source, Make, Deliver and Return.

    Are supply chain jobs in demand?

    Yes, there will never be a time when this will go out of fashion. The process will only get more automated with time.

    What is the importance of supply chain network design?

    The main reason for a supply chain network design is to assess company policies and programs and to meet targets to accomplish long‐term strategic objectives.

    What is the difference between supply network design and supply chain network design?

    According to many network design case study, supply network is developed by connecting multiple supply chains. Consider the operational activities within your organisation, these will be classed as a Supply chain and will deliver value to your organisation.

  • Best Healthcare Business Ideas Tips You Will Read This Year

    Are you looking for the best business ideas for the healthcare industry? It is one of the continuing growing industry. You can start your business whether you are medical professionals or having an interest in the healthcare industry. It has a lot of opportunities to start a healthcare business. Some healthcare business needs a medical certificate while some needs only specialize training certificate. It also plays a key role in the economy of a country. We will discuss the top 10 business ideas that you can start your business in this field.

    Best Business Ideas For Healthcare

    Best Business Ideas For Healthcare

    Medical Transcription Services

    Medical Transcription Services

    Medical Transcription Services offers the transcription of audio files recorder or depicted by doctors, medical practitioners, or any other healthcare staff into a text document of patient’s records. There is voice-to-text technology available but it still having errors so you can offer not only transcription services but also review and correct voice-to-text files. It is one of the best business ideas to start and work from or digitally as you offer transcription electronically.

    Retail Medical Shop

    Business Ideas in Pharma
    Business Ideas in Pharma

    It is one of the simplest and easiest ways to innovate business ideas in a pharma or medical store. To run a medical business you have to follow the Regulations of Retail Pharmacy Business. As medicine is in daily demand so it is continuing growing business. You can also keep a stock of daily essential products like lotions and other things. The investment is also very less in this business but tries to find a place near the hospitals or nursing homes as more demand in those places.

    Home Medical Services

    It has a wide range of health care service that is given in your home for small injuries and illness. It is very helpful for elder age people, post-pregnancy problems. Also, you can include a simple doctor’s consultation and take care of extended bed rest patients. You can work as the assistance of someone who needs to manage a healthy lifestyle. You can also start a medical supply delivery business. You need to be a registered nurse to offer in-home medical services.

    Healthcare Mobile Apps

    Everyone is going to busy day-by-day and no one wants to stand in line to get an appointment with doctors and also not able to call the doctors to get an appointment with them. By developing a healthcare app or mobile medical screening business with features of booking doctor’s appointments, ordering medicines, and also scheduling vaccinations. It can do all the activities without visiting the doctor’s office or queuing for long hours waiting for their turn. You can also add a feature that gives all the information about the disease, medicine reminders, and virtually connected with doctors.


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    Healthcare Websites

    The number of health-conscious people increasing day by day. More and more people searching for quick tips to stay healthy. You can create a healthcare website to provide healthcare information and advice. You can include YouTube videos, blog posts, info-graphics, videos, tutorials, etc. to create the content of healthcare information.

    Physical Therapy Center

    It is one of the best healthcare business ideas in India. It does not require any certification but you can hire certified therapists to provide service. After an injury physical therapy reduces the pain and gains the motion and strength of the body. You can also get education and training to open your own private therapy center. By having professional therapists they provide patients to perform day to day activities such as feeding, dressing, etc.

    Diabetes Care Center

    Diabetes is growing day-by-day continuously. It is one of the best healthcare businesses where diabetic patients provided dialysis, nutrition counseling, and other medical services. It also helps to improve the quality of life of diabetic patients. You can also provide preventive help such as teaching healthy or support groups of the diabetic.

    Gym or Fitness Center

    best fitness business ideas 

    Many youngsters and especially peoples in metro cities become more conscious about their health. So starting a gym or fitness center is one of the best fitness business ideas in the healthcare sector. Gyms or fitness centers are equipped with many exercise equipment to use in the workout and also booming in the minds of youngsters. The investment is based on the service that you are going to provide and make sure you are doing suitable research before you start.

    Medical Record Management

    You can start your business as a Medical Record Management service for hospitals, clinics, doctor’s offices to manage their medical records. You can implement your best record management system, provide training to their staff about how to use their system. It is one of the best profitable businesses in the healthcare sector as many hospitals outsource their record management system as they don’t want to dedicate the time of their staff.

    Manufacturing of Healthcare Equipment

    Manufacturing of Healthcare Medical Equipment

    It is one of the innovative healthcare ideas. If you are looking for highly profitable and having some investment then you can start with the manufacturing of healthcare medical equipment like drugs, syringe, needle, etc.

    China and India are leading in the manufacturing of medical equipment. It has a lot of opportunities to sell medical equipment. There are many business ideas you can manufacture like:-

    • Drugs
    • Sanitary Napkins
    • Surgical Bandages
    • Surgical Dresses
    • Medical Gloves
    • ECG machines
    • X-Ray Machines, etc.

    Conclusion

    There are lots of business ideas present in the healthcare sector whether you are a professional or interest in the healthcare sector.


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    FAQs

    What is healthcare?

    Healthcare is the maintenance or improvement of health via the prevention, diagnosis, treatment, recovery, or cure of disease, illness, injury, and other physical and mental impairments in people.

    Why is healthcare important?

    An efficient health care system can contribute to a significant part of a country’s economy, development, and industrialization. Health care is conventionally regarded as an important determinant in promoting the general physical and mental health and well-being of people around the world.

    What is the purpose of healthcare?

    The fundamental purpose of health care is to enhance the quality of life by enhancing health. Commercial businesses focus on creating financial profit to support their valuation and remain viable. Health care must focus on creating social profit to fulfill its promise to society.

    How to start a healthcare business?

    • Step 1: Create a business plan
    • Step 2: Register with the state
    • Step 3: Obtain Medicare and Medicaid certifications
    • Step 4: Hire a great staff
    • Step 5: Get your clients
    • Step 6: Have a solid financing plan for growth

    Is healthcare a business?

    Yes. Health care is a business. Like any other business, the healthcare industry stands to benefit from practices that drive innovation and growth.


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  • 6 Health Care Founders Shared Opinions on how they will Recover after CoronoVirus Outbreak

    COVID-19 virus is spreading so rapidly and it has hit dozens of countries globally. Indian government has put 1.3 billion residents in lockdwon. This pandemic has impacted many industries like stock market, travel industry, healthcare, supply chain, manufacturing units. Most of the start-ups are on the verge of closure or bankruptcy. Every individual has been adversely affected however it has largely impacted the new start up’s. Healthcare startups have also got impact of this pandemic. This virus originated in China but has spread-ed to many countries. Nobody knows when this contagious disease will end.

    We have asked few founders of few healthcare companies about the impact of coronavirus outbreak on their business and what are they planning to recover it.

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    Healthcare Startups Covid-19 Impact 

    Freedom From Diabetes

    Freedom From Diabetes is a innovative healthcare organization that educates thoroughly, supports implemention and inspires transformation in diabetics and family members. More than 6000 are already free of insulin and medicines. We talked with Dr Pramod Tripathi, Founder, about their plans to recover after Covid-19 outbreak.

    It’s already geared through specialized FFD App, what’s app group support and telephonic consulting to continually serve the patients during lockdown.

    Those start ups who haven’t invested last 2-3 years in creating the right online support will find it very difficult to adjust to this sudden developement.

    Mediconation

    Mediconation is a top-notch medical education consultancy with Pan-India presence. We talked with Geeta Jain, Founder, about their plans to recover after Covid-19 outbreak.

    In the past couple of weeks this Corona Outbreak as shaken many lives. This global pandemic of novel Coronavirus has affected all startups as well. This kind of situation has not been seen in centuries and has put massive pressure on the healthcare department and economy. The Indian government is taking all the preventive measures to stop this virus from our country. Covid-19 has made massive disruptions in the healthcare industry and supply chains that have wreaked destruction on global financial markets.

    The impact of this wildfire on health startups in India has brought a paradigm shift in the Indian healthcare industry. Public healthcare for rural areas is still weak and in shortage of health resources. The Digital Healthcare market has gone down due to the lockdown in the entire country. There’s been seen that health insurers are asked for health insurance from all over the country, people are scared and frightened. Early action might be impactful than later action. While the economy is down and all the crisis in the country is difficult, but survival is the single most important thing. The salaries will need to be slashed by some percentage. Be Creative and find for sources where you can generate revenue for your firm to stay alive including doing some short term deals with other startup companies. It’s hard to tell what  a countries economy will look like when this will pass but if your company is flexible and alive than there will be great fortuity.

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    The Centre of Healing

    The Center of Healing, which is rejuvenation and healing center for helping people to overcome their mental and health problems has taken an initiative to help these poor and degraded sections of our society. We talked with Swati Sawhney, Director, about their plans to recover after Covid-19 outbreak.

    Corona outbreak has impacted human life in all aspects of life. It has impacted human life and its lifestyle a lot. Busy Entrepreneurs, employees are under lockdown these days. The world economy is at a toss. The entire business community is experiencing huge losses. All Imports and Exports of the necessary goods are almost shut down. No one dares to take risks of importing any goods from impacted nations these days. Even the Coronavirus Kits are hard to import from other nations because of their non-availability and risk of importing the virus along with the kit. New startups are hit hard due to this pandemic majorly in terms of financial loss.

    Most of the start-ups are on the verge of closure or bankruptcy. This pandemic has adversely impacted new investments, fund-raising, new hiring’s, expected growth opportunities, expected promotions and hike in salary of individuals, inflation, stock market, travel industry, healthcare, supply chains and whatnot. Every individual has been adversely affected however it has largely impacted the new start up’s because of lack of backup, lack of chain of customers, less exposure to the market, lack of new investment and fund-raising opportunities, etc. Same as any other industry, this pandemic has harmed Healthcare start up’s as well. We know that everything is showing downfall however to see a ray of light in dark is what makes us lively and vibrant.

    There are certain opportunities that this pandemic has given to this healthcare industry and people with great vision are grabbing it with both hands. Some organizations have come forward and announced a special fund to support innovators and researchers to fight against this ultimate pandemic coronavirus. Some of the organizations are looking forward to stepping ahead and manufacture such machinery for which we were dependent on the outer world to date.

    Some of the big giants of industry have raised funds to invest a huge amount of money into the start up’s that are working on a possible solution for coronavirus and this kind of activity brings motivation at such a time. A great achievement by Pune based Lab – Molecular diagnostic company Mylab becomes the first Indian company to have received the validation for its Coronavirus diagnostic test kits.

    At this time any start-up which has innovative ideas and is looking forward to implementing the idea or need of hour into reality by way of action will not only survive perhaps will excel. So, analyzing the situation, implementation of innovative ideas into action holds the key. This ability can make even a start-up do wonders and create history.

    Xtraliving

    Xtraliving Pvt Limited is a wellness and fitness solutions company. We talked with Mr. Rishikesh Kumar, Founder, about their plans to recover after Covid-19 outbreak.

    All start-ups have been affected by the Covid -19 outbreak. It all depends on how well they are able to cope up with the situation. There is a financial crisis along with the health crisis.

    Some health care will see opportunity while some tends to close down. Agility and alignment with future needs is the key. Companies who will be able to make life better during this crisis will do better than others. Cash flow will be a very critical for survival and the global economy will put pressure to cut cost. It is important for any company to have 8-12  months of reserve to be safe.

    We at Xtraliving, have changed our format and we will be investing in online services. We need to drastically change our ways of working to be relevant tomorrow. The pandemic will result in drastic change in habits and behaviour.  

    Docttocare

    Docttocare allows the users to schedule their surgery appointment with the right doctor or hospital, which is best for their health and which is cost-effective. We talked with Sugandha, Founder, about their plans to recover after Covid-19 outbreak.

    As the government urges people to stay indoors, most hospitals have closed down their OPDs because of the risk of transmission. But Health-tech startups are taking these challenges into stride by working on different ways patients can opt for on call consultation.

    Healthtech startups believe that this is the best time for them to step in to solve critical situation. We at Docttocare, are making things easy in difficult times. We are helping patients to get admitted in hospitals, we take care of their stay and transport. We provide them a online guidance regarding their surgeries. We are providing  this service at zero extra cost.

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    CliniVantage Healthcare Technologies

    CliniVantage Healthcare Technologies is a comprehensive healthcare platform that delivers various PaaS-based healthcare solutions for clinical, non-clinical, radiology and administrative services. We talked with Nilesh Jain, Co-Founder and Managing Director, about their plans to recover after Covid-19 outbreak.

    With the growing concern of the pandemic in the country, India is trying to put its best foot forward to tackle the situation. A skewed doctor to patient ratio, lack of medical supplies, and shortage of hospital beds has become a daunting concern for the country. The demand for health tech companies to develop data analytics and profiling-based early disease detection solutions to help reduce the load on doctors and hospitals is increasing. In the wake of this situation, Health tech startups across the globe are already pivoting their technologies to help fight the spread of this deadly virus.

    For a country like India, testing and diagnostics to consumers, and scale up the development of home kits is very crucial. Existing modern solutions in diagnostics, monitoring, and molecular development are being used as powerful tools to help fight the current pandemic. Healthcare technologies like big data, cloud computing, supercomputers, artificial intelligence (AI), robotics, telemedicine, and instant screening instruments are effectively used to ensure increased hygiene, point of care delivery and continuous monitoring during self-quarantine. These technologies can help identify outbreak hotspots, prevent infections and reduce the need for physical contact in diagnostics.

    In this critical time, we have understood the importance of smart and digital healthcare. Officials at railway stations, airports and in other public areas are using smart thermal scanners to record temperatures from a distance, thus helping in identifying potential coronavirus carriers. Companies like CliniVantage Healthcare Technologies have launched Caremate Health ATM. It provides pre-screening using the health ATM and the suspected cases with their case history can also be tested using a rapid test for the Corona COVID-19 test. Such kind of technology can be implemented at the Airports, railway stations, educational institutions and hospitals. The ATM can provide instant patient screening for symptoms , includes self-screening parameters and secondary rapid test for Covid-19 – instant test results.

    There is also a surge in the demand for care management solution to keep diagnosed patients engaged at home, in quarantine facilities and hospitals and also cater to post-diagnosis activities such as health checks, diets, follow-up tests, etc. Amid the corona virus outbreak, Telemedicine startups are helping to cater the need for remote care. For patients, telemedicine provides faster care and helps them avoid hospitals, where they risk either infecting others or coming into contact with the disease.

    Virtual care can also reduce the strain for the healthcare system and help track the spread of diseases across geographies. One thing virtual doctors can’t do is test people for the disease. But they can help to coordinate with healthcare centers or direct symptomatic patients to the drive-thru coronavirus testing centers that are now cropping up around the country. Such solutions reduces the burden of the healthcare system and keeps the healthcare staff away from the danger of contracting the infection. Studies shows that 22% of healthcare workers exposed to Covid-19 patients contract the infection and the pandemic in India increases the ratio of patients to doctors and nurses increases exponentially.  Hence, need for smart and proactive care via telemedicine is very necessary.

    We also see startups coming up with home detection kits for COVID-19. The benefits of such kits could be substantial, allowing everyday people to test themselves for COVID-19 in the privacy of their homes instead of visiting a hospital, potentially exposing health care workers and other healthy individuals.

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