How can a healthcare organization best manage external supply chain shortages?

Implementing resource dependency theory is a strategic approach that allows a healthcare organization to understand and manage its relationship with external suppliers and partners effectively. Resource dependency theory emphasizes that organizations are dependent on outside resources to operate, which can include medical supplies, pharmaceuticals, and various services.

By recognizing these dependencies, healthcare organizations can strategically manage their supply chains by building collaborative relationships with suppliers, diversifying their sources, and developing contingency plans for shortages. This approach promotes proactive risk management and fosters a more resilient supply chain, which is essential in responding to shortages effectively.

In contrast, ignoring external factors would leave the organization vulnerable to disruptions. Focusing solely on internal resources overlooks the importance of external partnerships and resource availability. Simply increasing inventory levels without a strategy might mitigate immediate shortages but could lead to inefficient resource utilization and potential wastage, as it does not address the underlying issues of supply chain management.