Blockchain and Machine Learning Framework for Financial Performance in Pharmaceutical Supply Chains

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Author(s): Russell Sadeghi (University of Science and Technology of Mazandaran, Iran), Ava Hajian (University of North Texas, USA)and Meysam Rabiee (University of Colorado, Denver, USA)
Copyright: 2023
Pages: 17
Source title: Advancement in Business Analytics Tools for Higher Financial Performance
Source Author(s)/Editor(s): Reza Gharoie Ahangar (Lewis University, USA)and Mark Napier (Lewis University, USA)
DOI: 10.4018/978-1-6684-8386-2.ch006

Keywords: Accounting and Finance / Business Science Reference / Data Analysis & Statistics / Library & Information Science

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Abstract

Financial performance assesses how well a company can manage resources from its primary line of business and create income. Financial performance is critical for the healthcare sector, especially pharmaceutical supply chains. Medicine shortage is the main problem in healthcare management. Medicine shortages negatively affect patient care and financial performance. This chapter explains how blockchain technology and machine learning framework can contribute to pharmaceutical supply chains regarding financial performance. The proposed framework contributes to business analytics tools by presenting a hybrid machine learning method to improve financial performance.

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Blockchain and Machine Learning Framework for Financial Performance in Pharmaceutical Supply Chains

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