The Gap in Medical Technological Advancement and Procurement Management

Abstract

The fourth industrial revolution have become the forefront of advancement in medical devices technology. The key intention of this study is to identify the growing gaps created on procurement management system due to the speed of technological advancement in medical devices. This is a narrative overview of literature review on existing online database and published articles. It is an overview of the impending existence of gaps between medical devices advancement and procurement work processes. The findings expected to uncover the elements that would influence procurement work processes in terms of speed and ease in sourcing and buying the right thing, at the right time and at the right price. The compilation of information expected to provide the importance of matching the velocity of procurement work process in line with medical devices advancement for the benefit of patient care delivery. This would provide outlook and awareness to the healthcare stakeholders, especially to the management team on the implications of continuous delay as well as the urgency to upgrade the procurement management system because of the speed in treating patients is getting quicker.