Supply Chain Technology Solutions
Transforming supply chain management with a holistic view of performance.
Helping Organizations Reduce Cost
Our solutions enable organizations to reduce costs through benchmarking and contract activation, access custom supply analytics, streamline the procure-to-pay process, predict shortages and quickly source reviewed alternatives – keeping operations smooth and patient care uninterrupted.
Procure-to-Pay Solution
Premier transforms the procure-to-pay (P2P) process, eliminating manual, burdensome steps such as sending paper-based checks and faxes. By automating tasks such as invoicing, payments and reconciliations, organizations can achieve greater accuracy, efficiency and compliance. P2P transformation supports improved cash flow management and reduced operational costs, allowing your team to focus on strategic initiatives.
Supply Analytics
Find savings. Monitor performance. Take action. Our supply analytics technology can help improve decision-making and the overall financial health of your supply chain by providing pertinent information where and when you need it.
Leveraging actionable data and advanced analytics, our solutions identify trends, forecast demand, support smarter purchasing decisions and optimize inventory levels. This ensures that you have the right products at the right time, minimizing stockouts and excess inventory.
Supply Disruption Manager
Stay ahead of disruptions with predictive supply insights.
Using real-time data and predictive analytics, our solution alerts you to potential risks and provides actionable recommendations to maintain supply continuity. Whether it's a natural disaster, geopolitical event or supplier issue, our solution helps you respond swiftly and effectively to avoid costly disruptions and maintain care continuity.
Premier’s Supply Disruption Manager proactively identifies and mitigates supply chain disruptions, forecasting demand and potential shortages with over 90 percent accuracy.
Purchased Services Technology
Premier's purchased services technology streamlines the sourcing process for group purchasing organization (GPO) contracts and helps deliver average historical savings of 10 to 32 percent.
Service Line Analytics
Are you getting optimal return on investment from your drug and supply purchases?
Service Line Analytics (SLA) is a sophisticated solution that fuses cost, utilization and quality data for medications (Pharmacy) and operating room (Surgical) supplies. This solution allows you to easily measure how the medications and supplies you’re providing contribute value to patients and impact your bottom line.
High-Value Implants Dashboard
Physician preference items — including implants —comprise 40 to 60 percent of supply costs for a hospital. And cost reduction efforts that rely on line-item benchmarking often leave savings on the table. To achieve the greatest impact, Premier’s High-Value Implants (HVI) Dashboard provides a comprehensive overview of high-value items within your supply chain.
This solution tracks critical metrics such as usage, cost and inventory levels, enabling you to manage high-value items more effectively. The dashboard's intuitive interface and real-time data empower you to make data-driven decisions, reduce waste and ensure the availability of essential items.
CognitiveRx ®
CognitiveRx is a comprehensive pharmaceutical supply chain solution leveraging AI and machine learning to collect and distribute accurate, actionable data to your organization. CognitiveRx can assist in the management of drug shortages, predict drug price increases, streamline margin analysis and support daily pharmacy operations.
Our proprietary algorithm surfaces drugs at high risk for predicted price increases with 96.2 percent accuracy – delivering opportunities for cost avoidance and savings.
Premier's supply chain technology offerings are built to support your organization's goals of efficiency, cost-effectiveness and quality. Our advanced solutions provide the data-driven insights and intelligence needed to navigate the complexities of modern supply chain management, driving sustained performance improvements and long-term value.
Unlock the Power of Supply Chain Optimization Technology
Ready to take your supply chain to the next level with cutting-edge technology? Let our expert team help you streamline processes, reduce costs and enhance efficiency.