Disruptive Innovation •Created in the new market along with the “value network” which eventuallydisruptsanpreexisting“marketandvalueinthe network” •Create a new market and value network which eventually disrupts the existing market •Displacing“establishedmarketleadingfirms,products,services and alliances” •Disruptive technologies believe in creating new alliances among the “firms and products”.
Economic Factors •At present the GDP of the country is depicted to be higher in compared to UK, Germany and France. •Stable“interestrates,risingexchangerates,relativelyhighlevelsof employment along with a considerably low inflation rate” •The health expenditure exceed by 10% of the gross domestic product •Health spending continues to slow, not at the same extent as the GDP growth •RepaymentofmortgagesareavailabletopurchasepropertyinAustralia thereby encompassing total of 75% to 85% of the valuation based on the purchase price
Social Factors •Social stratification class is segregated as “working class, the middle class, and the upper class” •The wealthiest 5 to 10 percent is usually regarded with the working “class, the middle class, and the upper class” •Main occupations are seen as “accountants, computing specialists, engineers, and medical doctors” •Acceptance of the inequalities related to the social class when it comes to facilitating healthcare functions •Infantchildrearingvariesfromonecountryoforigin,education,class background and the religious groups to which the family belongs
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Technological Factors •Technology integration into the major systems in healthcare has been able to reduce the cost and encourage innovations •Healthcare Business is includes technologies such as desktop computer or a fixed-wall phone so that the patients will be able to move to their next task •Increased mobility with the secured access for the real time data for the professionals is responsible for delivering faster patient care services, and enhanced outcomes for the patient •Australian Policies pertaining to science and technology are identified with the “concentration of research and development in national research centers
Value Chain in Operations •Following a timely aspect in the process cycle •Connecttothesuppliers’valuechains,channelsvalue chain and customer value chains •Increasing the flow of capacity constraints •Upgrading the existing services and products •Enhanceinformationflow,“attendingthephysician, departinginstructionsandinformationpassedtothe diagnosis and departing institute”
Value Stream
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Value Chain in Outbound Logistics •Moving goods between the warehouses in large quantities within the pre-set of workflows is straightforward in nature •Healthcare industry is seen to be growing quickly and more number of patients are getting rapid delivery of services •Mobile technologies are seen to be emerging as an important tool for the connected devices which allows for an increased transparency during the final phase of the supply chain •Collaboration between the receiving of orders and dispatch is put forward with optimizing the process of operations and similar process •Disruptive technology in the outbound logistics is discerned with Improved service monitoring
Outbound Logistics for the health care service
Value Chain inMarketing and Sales •ImplementationofArtificialIntelligence(AI),bigdataandmachinelearningin healthcare service •Expanding the market with social marketing initiatives •Platforms used to promote the services of the product has been seen in terms of the social “media sites such as Facebook, Instagram and Twitter” •Developing android and IOS apps has been seen in terms of MIMS, MedSearch and MedicineWise app •Theseapplicationsareconduciveinprovidingcompetitiveratesontermsofthan general medical shops •Disruptive technologies in these areas in seen to be effective in terms of the efficient procurement and ordering of the products
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Capabilities •Linking the blueprint with “hospital records information treatment and attending the physician” •The interconnections are considered to improve the vital statistics and insurance information •Operations management in the healthcare is considered with maintaining of information flows as per the different types of the departing instruction •Optimization techniques in the blueprint is evident with the application of methodssuchascostoptimization,inventoryplanningandmaterial requirement planning
References •Anand,G.,&Gray,J.V.(2017).Strategyandorganizationresearchinoperationsmanagement.JournalofOperations Management, 53–56, 1–8. https://doi.org/10.1016/j.jom.2017.09.001 •Babich, V., & Kouvelis, P. (Eds.). (2015). Call for Papers—Special Issue of Manufacturing & Service Operations Management: Interface of Finance, Operations, and Risk Management.Manufacturing & Service Operations Management,17(2), 271-271. •Bochtis,D.D.,&Sørensen,C.G.(2014).SpecialIssue:Operationsmanagement.BiosystemsEngineering,120,1. https://doi.org/10.1016/j.biosystemseng.2014.02.011 •Chiarini, A., & Vagnoni, E. (2015). World-class manufacturing by Fiat. Comparison with Toyota Production System from a StrategicManagement,ManagementAccounting,OperationsManagementandPerformanceMeasurementdimension. International Journal of Production Research. https://doi.org/10.1080/00207543.2014.958596 •Gallien, J., Graves, S. C., & Scheller-Wolf, A. (2015). OM Forum—Practice-Based Research in Operations Management: What It Is, Why Do It, Related Challenges, and How to Overcome Them.Manufacturing & Service Operations Management,18(1), 5- 14. •Hendricks, K. B., Hora, M., & Singhal, V. R. (2014). An empirical investigation on the appointments of supply chain and operations management executives.Management Science,61(7), 1562-1583. •Hoyos, M. C., Morales, R. S., & Akhavan-Tabatabaei, R. (2015). OR models with stochastic components in disaster operations management: A literature survey.Computers & Industrial Engineering,82, 183-197.
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