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Healthcare

Companies in the healthcare sector often have long and complex supply chains, meaning that managing these and ensuring compliance throughout the supply base can be a difficult and time-consuming process for procurement professionals. By the very nature of their business, healthcare companies need to ensure that they have a strong focus on efficiency, compliance and providing a quality service. This can lead to a substantial amount of administration, including paperwork, telephone calls and emails to suppliers. Trade Interchange’s ARCUS® supplier management software enables professionals within the healthcare to operate without these burdens.

Why ARCUS®?

  • Automate supplier on-boarding
  • Manage supplier risk
  • Central repository for supplier information
  • Protect brand reputation
  • Automated supplier scoring
  • Bi-directional approval workflows

Improve supplier management in healthcare for procurement professionals

ARCUS® supplier management software, hosted in the cloud by Trade Interchange, has been proven to work in the healthcare sector, and delivers supply base confidence for the likes of Four Seasons Health Care, Lloyds Pharmacy Clinical Homecare, BMI Healthcare, and Elysium Healthcare through a streamlined solution.

Providing a complete end-to-end supplier management solution for the healthcare sector, the ARCUS® platform includes eight individual modules that can be implemented standalone, in any combination or in any order that can be categorised into three separate families; ARCUS® Source, ARCUS® Supply and ARCUS® Product.

The ARCUS® Source family includes three modules that enable procurement professionals within the healthcare sector to streamline their entire sourcing process. From tendering, running competitive eAuctions to managing sourcing projects, ARCUS® Source modules ensure that sourcing projects are run efficiently from a central location, cost savings are maximised, and procurement processes are standardised. You can find out more about ARCUS® eRFX, ARCUS® eAUC and ARCUS® SSM below.

The three modules in ARCUS® Supply enable cross-departmental collaboration in healthcare companies across several critical supplier management activities, including on-boarding suppliers, managing contracts and evaluating supplier performance. Tailored questionnaires ensure that healthcare companies are collecting the data they require, and the fact that suppliers directly enter their own information removes the need to re-key any of this information, increasing data accuracy. These modules provide a central repository for essential supplier information, and allows for enhanced collaboration between the procurement, quality, technical and supply chain departments. To find out more about ARCUS® SIM, ARCUS® SCM and ARCUS® SPM you can scroll further down the page to find out.

The ARCUS® Product family comprises of two modules that allow users to efficiently collect, maintain and manage critical product information, as well as streamlining the product innovation process for all relevant stakeholders. Custom workflows enable users to easily validate and approve vital product specifications for healthcare businesses, and the fact that suppliers have directly entered this information enhances confidence in data accuracy. This information is then shared effortlessly between departments, and a central database for product specifications and new product development workflows can now be accessed at any time. Additional information about ARCUS® PIM and ARCUS® NPD can be found below.

Source
Supply
Product
ARCUS® SSM

ARCUS® SSM allows procurement professionals in the healthcare sector to streamline strategic sourcing management through a cloud-based solution.

ARCUS® eRFX

Procurement professionals in the healthcare sector can streamline and improve the online tendering process through intuitive sourcing software.

ARCUS® eAUC

Procurement professionals in the healthcare can sector can streamline and improve online auction processes with intuitive eAuction software.

ARCUS® SIM

Collect, store and manage all supplier data needed by procurement professionals in the healthcare sector through a streamlined solution.

ARCUS® SCM

Efficiently centralise, manage and approve all supplier contract data, allowing procurement professionals in the healthcare sector more time to focus on other duties.

ARCUS® SPM

Track and evaluate supplier performance against the KPIs that matter the most to procurement professionals in the healthcare sector.

ARCUS® PIM

Procurement professionals in the healthcare sector can automate supplier product information collection using a cloud-based solution.

ARCUS® NPD

Procurement professionals in the healthcare sector can streamline new product development processes with cloud-based software.

White Paper Downloads

Take a look at these resources to find out how ARCUS® supplier management software has helped procurement professionals in the healthcare sector.

Four Seasons Healthcare Carousel

"Trade Interchange’s ARCUS® supplier management platform has allowed us to fully consolidate our supply chain and procurement function, and we now have a complete handle over all supplier data, contracts, performance and sourcing."

Harvey Marston, Head of Procurement, Four Seasons Health Care

Are you ready to streamline your supplier management?

Trade Interchange Ltd is here to help you, request a demo now.

Case Study

Four Seasons Healthcare Carousel

With over 100 care and nursing homes across the United Kingdom, and a strong focus on efficiency, quality service and compliance, Four Seasons Health Care is always keen to implement robust systems in all areas of the business.

The company has a large and complex supply base, with a raft of supplier data, performance metrics and contractual documents that need to be gathered, stored and continuously maintained to ensure compliance. This was a manual process which required lots of time and effort.

Trade Interchange’s ARCUS® software has provided Four Seasons Health Care with a complete solution to better manage its suppliers, sourcing and purchasing processes.

Do you face similar difficulties in your business? Download the case study to find out how ARCUS® supplier management software delivered supply base confidence through a streamlined solution for Four Seasons Health Care.