ARCUS® SIM is a central platform for collecting, storing and managing supplier data, that helps reduce the risk to brand and ensure supplier compliance.
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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. By the very nature of their business, healthcare companies source ingredients, products and services from across the globe to ensure the best value and quality to customers from a large number of suppliers often operating in countries with different legislation to their own healthcare operations. This can result in a substantial amount of administration, including paperwork, telephone calls and emails to suppliers to highlight and verify supply chain risks.
Trade Interchange’s ARCUS® supplier management software enables sustainability professionals within the healthcare sector to request and collect large amounts of information to verify the evidence of sustainable practices and certifications from potential suppliers and the products they supply. Examples of information include sustainability policies, environmental policies and certificates, evidence of membership in organisations such as the Roundtable for Sustainable Palm Oil (RSPO), or suppliers’ policies on sustainable cotton and recycled plastic.
- APIs collect and update supplier ESG information automatically from official data sources.
- Automate supplier on-boarding with no re-keying of data required.
- Cloud-based central repository for supplier information and documentation at a supplier, manufacturing site and product level.
- Bi-directional approval workflows increase efficiency of supplier approvals and management.
- Protect brand reputation and manage supplier risk.
- ARCUS® features artificial intelligence and machine-learning to verify suppliers’ key documentation and certificates at the point of upload.
ARCUS® SCM centralises contract data, standardises processes and automates tasks to improve efficiency of managing, approving and renewing contracts.
ARCUS® SSM maps the various stages of your current or planned strategic purchasing processes, improving efficiency, increasing visibility, reducing bottlenecks and ensuring best practice.
ARCUS® eRFX is an online tendering tool used to pre-qualify current or potential suppliers, ensuring selected suppliers are qualified and able to deliver the necessary products and services.
ARCUS® PIM automates the process for collecting detailed information about supplier products, while providing a shared view and process for all departments. This ensures product data is accurate and approved by all relevant stakeholders.
Take a look at these resources to find out how ARCUS® supplier management software has helped sustainability 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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Whitbread PLC is the UK’s largest hospitality company, owning Premier Inn as well as Beefeater, Brewers Fayre, Table Table and Bar+Block.
Whitbread identified that there were challenges around visibility, transparency and a lack of consistent information held on its suppliers.
Now, Whitbread uses ARCUS® supplier management software, enabling the procurement team to have confidence in their supply base through all stages of supplier discovery and contract negotiation.