Doing business with Premier
Premier's success is firmly rooted in developing mutually beneficial relationships with suppliers. Only by adding value for our suppliers can we successfully fulfill our role with our customers. An essential element of advancing Premier's core mission is to encourage the development of technologies that support our members' efforts to provide high-quality, cost-effective care. eSourcing is one such initiative that uses technology to deliver value to both suppliers and Premier members.
Supply Chain Advisor: Value to suppliers
The future of sourcing automation has arrived
Both members and suppliers tell Premier they want better, more efficient ways of activating contracts. The process of establishing letters of commitment, agreeing on terms based on local needs, and managing final details has been a time-consuming process – typically, a matter of months.
Until now.
With Premier’s automated solution, Supply Chain Advisor, price activation and contract loading can be accomplished much more quickly than ever before. Here is a brief overview of Supply Chain Advisor's value:
- Full brochure (.pdf). An in-depth presentation of Supply Chain Advisor's features.
- Ready access to catalog and contracting information. Easier and more complete product searches, as well as real-time communication of contracting events.
- Fewer roster errors. Membership maintenance and eligibility issues are minimized.
- More efficient PMDF management. Because price activation is a proactive process, suppliers can avoid such headaches as post-transaction reconciliation of purchase orders and retroactive effective dates for price agreements.
- Increased contract utilization. A streamlined electronic process allows for accelerated implementation of new contracts, more timely notification of new products or price changes, and better price synchronization among members, suppliers, and distributors.
- Price agreement made easy. Price activation is an online Premier Member Designation Form (PMDF). In the past, facilitating agreement on contract participation and price tier placement required multiple steps. Purchasing automation rolls all those processes into one workflow, initiated by the member.
- Trading paperwork for keystrokes. Instead of exchanging paperwork for months to reach an agreement, members and suppliers can activate contracts through a streamlined electronic exchange – reducing the time required for contract activation to weeks or even days.
- Closing the transaction through GHX. Premier’s unique relationship with GHX has resulted in the first complete, fully integrated purchasing automation solution that validates agreed-upon pricing and reconciles purchase orders.
- Increasing customer satisfaction. Supply Chain Advisor is a fully integrated, online sourcing solution that connects supplier and provider information systems with Premier contract information – giving members fast, easy access to products and validating the pricing accuracy of every order.
- For more information. If you are interested in participating, or you would like more information on Premier’s Supply Chain Advisor solution, download the full brochure (.pdf) or contact the Customer Solution Center at 877.777.1552.