ARCUS® SSM allows procurement professionals in the healthcare sector to streamline strategic sourcing management through a cloud-based solution.
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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 healthcare to operate without these burdens.
- 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 allow 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 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.
Procurement professionals in the healthcare sector can streamline and improve the online tendering process through intuitive sourcing software.
Collect, store and manage all supplier data needed by procurement professionals in the healthcare sector through a streamlined solution.
Efficiently centralise, manage and approve all supplier contract data, allowing procurement professionals in the healthcare sector more time to focus on other duties.
Take a look at these resources to find out how ARCUS® supplier management software has helped procurement professionals in the healthcare sector.
"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
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McKesson UK is a pharmaceutical company that is required to run an extensive number of tenders across a wide range of GNFR categories, such as Transport, Facilities Management and IT & Professional Services.
ARCUS® eRFX was implemented by LloydsPharmacy Clinical Homecare (LPCH), a division of McKesson UK, in 2017, to fully digitise their tenders. After strong results, McKesson UK implemented ARCUS® eRFX across its other brands, such as Lloyds Pharmacies, AAH Pharmaceuticals and its Support Centre Functions.
To run all these tenders in an efficient manner, which will help save time whilst reducing risk, McKesson UK needed a centralised, digital tendering process to adopt across McKesson UK and its divisions.