Consolidated Demand
Management

E-Tendering

E-Commerce
Business Center

Understanding the Benefits of the ORMED X E-Commerce Business Center
in two minutes

The ORMED X E-Commerce Business Center is a suite of free, online software applications that harness the power of the internet to capture bottom-line savings at every stage of the supply chain. As naturally greener solutions, Ormed’s Virtual Group Purchasing, E-Tendering, and Vendor Contract Management applications will allow you to produce more and consume less with integrated E-commerce.

What is Virtual Group Purchasing?

Virtual Group Purchasing (VGP) is the consolidation of demand by geographical region or common need among organizations (be they small clinics, doctor’s offices, or regional hospitals serving hundreds of thousands of people). In practice, VGP is similar to conventional group purchasing in many ways, but it allows for the collaboration of a membership group of any size to consolidate demand utilization across a wide area.

Why is a Virtual Group Purchasing Organization better than my current system?

• Creating a VGP initiative is as easy as sending email
• The best negotiated prices are shared among every member of the VGPO
• Stock, non-stock, capital items, and service contracts can all be consolidated and purchased under a VGPO
• Multiple VGPO memberships are possible and the workflow can be distributed between all members
• Item-file conversion tables are automatically maintained, greatly streamlining the survey, tender, and contracting systems
• Visibility is increased for both members and coordinators throughout the survey process

What is E-Tendering?

Ormed’s E-Tendering application is a set of powerful and intuitive tools that brings the management of every stage of the tendering process into your hands. By allowing users to easily create reusable, customizable templates to add, view, and edit items, commodities, and merchants of choice, E-Tendering automates and streamlines the tendering process to generate significant efficiencies and savings.

Why is E-Tendering better than my current system?

• E-Tendering is fully web-based, where intuitive fields, drop-down menus, and one-step actions help you complete each tendering process quickly and easily
• Convenient summary screens let you monitor at-a-glance the status of unlimited numbers of tenders, bids, and awards
• Merchant responses are monitored as they come in, and the software automatically calculates the price per unit for easy comparison
• All competitive bids are placed side-by-side and detailed information can be seen with a simple double-click drilldown
• Automated merchant scoring can be overridden to ensure the best economic value is being awarded the contract
• The workload within your organization is easily distributed to better manage expenses and increase process efficiency and staff productivity

What is Contract Management?

One of the most powerful tools ever developed for contract administration within the healthcare industry, Ormed’s Contract Management significantly reduces data entry. Increased efficiency and accuracy are the direct results.

Contract Management can be integrated with any materials management module, eliminating the need for duplicate data entry and possible errors. With easy-to-use import and export routines, both usage history and contract file updates have been greatly simplified.

Why is Contract Management better than my current system?

• The automated scheduler allows the user to update contracts whenever they are activated or amended
• Set up specific criteria for enhanced vendor analysis
• Update item pricing information based on contract start and end dates
• Attach unique terms and conditions based on contract type
• Automatically import contracts from national group purchasing organizations like MedBuy and Healthpro
• Be informed of off-contract purchasing and take advantage of automated price validation on all purchase orders travelling through the Ormed X portal
  

When can my organization use ORMED X?

Ormed will be releasing the ORMED X E-Commerce Business Center to beta clients in the Fall of 2010.

How can I get involved with ORMED X now?

Fill in the contact form or call an Ormed sales representative to be among the first to see how Consolidated Demand Management will allow you to produce more and consume less with integrated E-commerce.

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