SAS^® Procurement Management for Healthcare

Healthcare organizations today are spending a significant portion of their revenue acquiring the supplies and services needed to support their operations. Large procurement budgets and a reliance on numerous suppliers can make budget goals increasingly difficult to reach. Ultimately, you may be charged with controlling the organization's overall spend while simultaneously increasing the bottom line.

Reaching this objective requires more than just saving money on various types of medical equipment. To get there, you need a high-level strategic sourcing plan that lets you:

• Minimize supplier risk.
• Create and maintain effective supplier relationships.
• Monitor the quality of medical supplies received.
• Leverage your supplier information to negotiate better contracts.

SAS Supplier Relationship Management
With SAS Supplier Relationship Management, procurement professionals can gain a better understanding of their purchases, suppliers and performance in order to make better strategic sourcing decisions. Using this comprehensive solution, healthcare organizations can reduce enterprise spend, consolidate and prioritize suppliers, reduce supplier risk and align procurement strategies with strategic goals.

SAS delivers supplier intelligence through an integrated set of data management and analytic applications that work with existing operational data and systems to gather, analyze and leverage all aspects of supplier data and purchasing history, thereby optimizing strategic sourcing and achieving significant cost savings.

Consisting of four fully integrated components, SAS Supplier Relationship Management allows you to maintain the flexibility you need to focus on your greatest pain today and then expand into other areas of improvement:

• SAS Sourcing Data Quality provides accurate, detailed, comprehensive information to help you reduce commodity spend without increasing risk. SAS uses repeatable, automated coding based on industry standards and can readily accept any classification system. With SAS you can:
• Normalize your supplier information for more accurate measurement.
• Leverage third-party information for supplier enrichment.
• Ensure that your suppliers are accurately and consistently named.
• SAS Spend Analysis helps you reduce enterprise spend across suppliers and commodities by increasing the visibility of procurement information. With it, you can:
• Leverage institutional buying power for cost-savings.
• Identify ways to buy more effectively from valued suppliers.
• Perform weighted supplier ranking using the criteria most important to you to evaluate which suppliers are best suited to serving your institution’s needs.
• SAS Procurement Scorecard helps you set, measure and manage procurement strategies that are aligned with goals based on information from all of the procurement systems throughout your institution. With it, you can:
• Create and maintain scorecards for individual suppliers and the entire procurement organization.
• Measure performance against procurement-specific KPIs.
• Reduce total spend and supplier risk.
• Ensure supplier quality, on-time delivery and performance.
• SAS Sourcing Strategy uses operations research techniques to add balance and flexibility to the supplier evaluation process. It employs user-defined business rules, so you can:
• Narrow your list of suppliers.
• Recommend how much to spend with each supplier to achieve your procurement goals most effectively.