May 26, 2021
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Ongoing

A strategic supply sourcing solution

$100,000+
more 1 year
Vietnam, Ho Chi Minh
10+
view project
Service categories
Service type
Custom Software Development
Domain focus
Healthcare
Solution type
SaaS
Programming language
Ruby
Frameworks
Ruby on Rails
CMS solutions
Other

Challenge

Healthcare institutions normally have huge demands for supplies procurement. At the heart of their supply chain system is the item master, which basically is a list of all items purchased by the institutions. These item master files can range from 18,000 to more than 100,000 items, with thousands of inaccurate or duplicate items.

Solution

Strategic Supply sourcing solution helps drive sustainable savings for Med-Surg supplies by enhancing item master content. Through better item master content, the solution empowers users to make the right choice at the start of the procurement process. Real-time insights help monitor compliance to savings goals. The system is integrated with the Cloud Computing technology and functionalities designed and developed by Bestarion to launch an automated supply sourcing platform with the highest efficiency in the healthcare sector. It is a complete and effective solution to the above challenges using Virtual Item Master (VIM), Artificial Intelligence (AI), and formulary procurement control.

Results

This Strategic Supply sourcing solution helps: Saving up to 15% of annual supply chain spend, or US$250 million and increasing. More than 3,000 users subscribed. Procurement efficiency enhanced largely.
This Strategic Supply sourcing solution helps: Saving up to 15% of annual supply chain spend, or US$250 million and increasing. More than 3,000 users subscribed. Procurement efficiency enhanced largely.