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Medikabazaar launches VPO to enable smart and efficient procurement solution of medical supplies

Our Bureau, Mumbai
Tuesday, September 29, 2020, 12:30 Hrs  [IST]

India’s largest online portal for B2B medical supplies and equipment, Medikabazaar has announced the launch of value procurement organization (VPO) to enable smart and efficient procurement solution of medical supplies.

Considering the challenges the purchase departments face, VPO comes as a convenient, one-stop procurement solution for all medical supply needs for its partner hospitals.

Among the prime benefits hospitals avail are significant savings on procurement cost, to the effect of 20-30%, which boils down to around 8-10% of total hospital OPEX.

The multiple operational benefits include improved supply chain management, huge man-hour savings, and last-mile delivery through Medikabazaar’s ever-expanding on-ground logistics team, reduced TAT, and service agility.

Moreover, larger partner hospitals can also avail customized branded supplies for patients, doctors, and staff – a small but notable gesture adding value to every element of the institution.

Vivek Tiwari, founder, and CEO of Medikabazaar said, “The hassle of dealing with hundreds of vendors can now be taken care of with just one partner. Our largest product catalogue in India ensures a wide array of product options round the year, PAN India. Whereas, an assured availability translates into faster access to critical supplies especially in emergency scenarios.”


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