Using Analytics to Plan and Manage COVID-19 Supply Chains and Operations
INFORMS Healthcare Conference 2023 | July 26-28, 2023 | Toronto, CA
Supply chain data analytics allow an organization to optimize their operations across a wide range of dimensions, from supplier relationship management to extending global supply chain value networks to ensuring patients receive the medicines they need, on time and in full.
The rapid spread of COVID-19 in early 2020 rallied vaccine manufacturers around the world to pursue a defense against the deadly virus. For Novavax, the development of their worthy vaccine candidate led to the unprecedented growth of its supply chain network and the complexity of managing operations. This presentation identifies key challenges Novavax faced in planning, production, and global distribution of their new vaccine. It highlights the practical use of optimization and analytics solutions to resolve the challenges and to enable data-driven decision-making during turbulent times.