Once launched, the new technology will give members and suppliers participating in the resilience network platform secure, permission-based access for:
Visibility into the geographical location of major manufacturing and distribution
Real-time logistics visibility of shipments from the supplier to the health system
Awareness of perpetual inventory status by location across suppliers, distributors and providers
Forecast and consumption insights to predict usage and reduce impact of demand surges
Supply chain leaders at the forefront of driving innovation in health care at Vizient member health systems and contracted supplier organizations are participating as early adopters to provide insight into the development of the technology. The resilience network platform is expected to fully launch in early 2022.
"Vizient is taking the steps necessary to bring stakeholders to the table and design solutions that will fortify and add resilience to the U.S. health care supply chain,” said Rachel Martin, associate vice president, Supply Chain Resiliency for Vizient. “Each element in the resilience solution set serves to proactively mitigate the impact of costly supply disruptions and bring greater transparency and trust between trading partners.”
About Vizient, Inc.
Vizient, Inc. provides solutions and services that improve the delivery of high-value care by aligning cost, quality and market performance for more than 50% of the nation’s acute care providers, which includes 97% of the nation’s academic medical centers, and more than 20% of ambulatory care providers. Vizient provides expertise, analytics and advisory services, as well as a contract portfolio that represents more than $110 billion in annual purchasing volume, to improve patient outcomes and lower costs. In 2021, Vizient acquired Intalere, which expanded its footprint with ambulatory and rural acute care providers. Vizient has earned a World’s Most Ethical Company designation from the Ethisphere Institute every year since its inception. Headquartered in Irving, Texas, Vizient has offices throughout the United States.
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