Chris Papesh (your HCA 402 Instructor) served as the project manager at the NYU Langone Medical Center (LMC) and School of Medicine in New York City, Manhattan. NYU LMC implemented a new Oracle-PeopleSoft financial, grant management, and supply chain management system. Assume that you were serving as the Purchasing Supply Chain Manager on the team. Prepare a discussion-presentation to the NYU-LMC CFO on the need to adopt Just-in-Time (JIT) and stockless inventory approach to minimize storage and holding costs in NYC and how best to implement and tackle major risk factors.

Discuss impacts of COVID-19 on supply chains.

Discuss risks when deploying the JIT stockless inventory learned in 2020 and 2021 during the pandemic and shortages for protective gear, drugs and supplies and critical medical devices. Describe how best to manage supply chain risks for critical supplies: how to address global supply chain shortfalls, bottlenecks, and inflation and shipping concerns. Discuss safety stocks and local suppliers and other methods to avoid shortfalls in meeting critical supply needs.