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Cloud-Based Procurement Optimization Platform
  1. case
  2. Cloud-Based Procurement Optimization Platform

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Cloud-Based Procurement Optimization Platform

vokke.com.au
Health & Fitness
Pharmaceuticals
Medical Supplies

Challenges in Pharmaceutical Procurement

PharmConsult Group's clients face significant challenges in managing pharmaceutical procurement due to disparate data sources, inconsistent product information, complex pricing structures, and a lack of efficient tools for analyzing and optimizing purchasing strategies. Manual processes lead to data inaccuracies, errors, and difficulty in comparing offers from multiple suppliers. The inability to effectively analyze pricing and negotiate optimal purchasing plans results in substantial cost inefficiencies.

About the Client

PharmConsult Group is a leading consultancy providing pharmaceutical procurement and supply chain solutions to hospitals and healthcare organizations across Australia.

Project Goals

  • Develop a cloud-based platform to centralize and harmonize pharmaceutical procurement data from various hospital systems.
  • Automate data cleaning and standardization to ensure data accuracy and consistency.
  • Implement a robust pricing analysis and optimization engine to identify the most cost-effective purchasing strategies.
  • Provide a secure online portal for pharmaceutical suppliers to submit competitive pricing proposals.
  • Reduce procurement costs for hospital clients through data-driven insights and automated optimization.

Functional Requirements

  • Data Integration & Cleansing: Automated data ingestion from various hospital systems, data cleaning, standardization, and canonical data format conversion.
  • Supplier Portal: Secure online portal for pharmaceutical suppliers to submit pricing proposals.
  • Pricing Analysis Engine: Nonlinear optimization algorithm to analyze pricing proposals and identify optimal purchasing combinations.
  • Reporting & Analytics: Comprehensive reporting dashboards providing insights into procurement costs, supplier performance, and purchasing trends.
  • Workflow Automation: Automated workflows for RFP generation, proposal evaluation, and contract management.

Technology Preferences

Cloud Computing Platform (e.g., AWS, Azure, Google Cloud)
Data Integration Tools (e.g., ETL tools, API connectors)
Nonlinear Optimization Algorithms
Secure Web Portal Development Framework (e.g., React, Angular, Vue.js)
Database (e.g., PostgreSQL, MySQL)

Required Integrations

  • Hospital EHR/ERP Systems
  • Supplier Portals (if existing)
  • Financial Systems

Non-Functional Requirements

  • Scalability: Platform should be able to handle increasing data volumes and user traffic.
  • Security: Secure data storage and transmission to protect sensitive pharmaceutical information.
  • Performance: Fast data processing and analysis to enable timely decision-making.
  • Reliability: High availability and fault tolerance to ensure continuous operation.
  • Auditability: Comprehensive audit trails for all data access and modifications.

Expected Business Impact

This platform is expected to deliver significant cost savings for PharmConsult's clients by optimizing their pharmaceutical procurement processes. Improved data accuracy, automated analysis, and competitive bidding will lead to reduced drug costs, streamlined workflows, and enhanced supply chain efficiency. The platform will also provide valuable insights into spending patterns and supplier performance, enabling more informed decision-making.

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