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

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.