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What is the benefit of developing global standards and how can the industry go about successfully formulating and implementing them?

Christian Hay
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Christian Hay: GS1 Global Office, Switzerland

Journal of Supply Chain Management, Logistics and Procurement, 2020, vol. 3, issue 2, 138-147

Abstract: The COVID-19 pandemic reveals how much the healthcare supply chain is fragile. Considerable efforts have been undertaken in the last 15 years to improve security and efficiency. Now one can measure the value of standards and require them to be implemented worldwide. This paper discusses how regulatory driven initiatives such as unique device identifier (UDI), identification of medicinal product (IDMP) and the measures to fight against falsification are among those which will provide improvement for global health.

Keywords: standards; UDI; IDMP; supply chain security (search for similar items in EconPapers)
JEL-codes: L23 M11 (search for similar items in EconPapers)
Date: 2020
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