Medical equipment procurement is a process that has always been layered and cumbersome. Healthcare providers have never found it easy getting equipment and instruments delivered at their doorstep. In fact, the purchase process still lacks the kind of streamlining a good marketplace deserves. Plus, the level of dependence on the conventional model of procurement is just too much even after so many advancements in the supply chain. In all this, the technology has fitted into perfectly to shape the way medical products are supplied. It has brought benefits to both the parties in the transaction – buyers and sellers.
Here are the ways the technology has simplified procurement of medical supplies:
1# Easy flow of information
The biggest advantage of technology has been on the front of information symmetry. Which means, it’s now possible for everyone in the industry, irrespective of the hierarchy, can access detailed information in regard to medical products, manufacturers, costs associated with supplies and so on. Suppliers and distributors are no longer in a position to dictate terms and control pricing and supply chain beyond a bare minimum extent. It just takes a few clicks and all the information worth knowing is retrieved. This is why buyers are getting increasingly aware about the online procurement process and benefiting from the same.
2# Options and choices to buyers
Healthcare providers had to rely on suppliers for a lot of things, including the brand selection of medical products. Buyers were not in control of what they could place an order for as limited choices and restricted options kept them handicapped. Technology has changed all this as anyone can visit online, browse through a huge listing of medical products and then decide what to buy. All the foremost and premium brands from across the world list their products on portals so that healthcare providers find it easy to reach them. This is how buying process has been simplified a lot in recent times.
3# Direct sales channel for manufacturers
Manufacturers of medical products have always wished to give price benefits to end users and buyers but this could never become a possibility due to the layered distribution channel in place. Healthcare providers could not benefit on the price front as a lot of this was in the hands of suppliers. The problem was linked with the conventional model of procurement. The scenario has changed with the advent of technology as manufacturers can leverage a direct sales channel and enhance their coverage and deliver cost benefits. The distribution costs are lowered because multi-channel arrangements are gone now.
4# Quality supply assured
Healthcare providers had to be contend with products that suppliers made available for them as medical instruments online were not a possibility back then. There were not sure whether the products they were supplied were genuine and from authorized companies. The scenario is completely changed now as technology has brought complete transparency in the entire procurement process. Buyers can see, assess, analyze, compare and then place an order for the products. This ensures quality of the highest variety.