Wisdom Medicine × Qitong launched a procurement and supply chain management project to accelerate digital intelligence procurement in the pharmaceutical field

With the development of the world economy, the growth of the total population, the improvement of the aging population, the enhancement of people's awareness of health care, the promotion of the urbanization of new countries and the continuous improvement of the medical security systems in various countries, the global pharmaceutical market is showing a continuous growth trend. Catalyzed by factors such as policies, capital, and technology, my country's biopharmaceutical industry's R&D and innovation strength has steadily increased, and its scale has accelerated.

01. Wisdom Medicine × Qiqitong

Start procurement and supply chain management project

Recently, Wisdom Pharmaceutical Technology Co., Ltd. (hereinafter referred to as "Ruizhi Medicine") joined hands with Qiqitong to launch a new digital intelligent procurement management project. The two parties reached a consensus on the implementation scope, plan, objectives and guarantee system of the project, and will give full play to their respective advantages, jointly innovate, and comprehensively and step-by-step promote the upgrading of the supply chain procurement system of Wisdom Medicine.

Wisdom Pharmaceuticals is a listed group company driven by biotechnology innovation, integrating pharmaceutical research and development, production services, microecological nutrition and medical services. Relying on the world's leading one-stop pharmaceutical R&D service and production platform and domestic leading micro-ecological nutrition and medical technology, we are committed to becoming the innovation leader in the pharmaceutical and health industry.

After years of development, Wisdom Medicine has accumulated cutting-edge, diversified and comprehensive technologies, established a top scientific research talent team, and equipped with advanced scientific research facilities, animal experiment facilities and pharmaceutical intermediate production facilities. At present, Wisdom Medicine has established research institutes, laboratories, production bases and operating entities in the United States, Denmark, Hong Kong, Shanghai, Guangzhou, Chengdu, Jiangmen and other places, and its sales and service network covers 5 continents around the world.

Source: Wisdom Pharmaceutical Public Account

In order to change the procurement model in which procurement was scattered, supplier management, and supply chain business could not form a closed loop in the past, Wisdom Medicine chose Qiqitong to build a digital procurement and supply chain management system.

The choice of Qiqitong by Wisdom Medicine is based on various considerations. The person in charge of related projects of Wisdom Medicine said: Qiqitong is an industry-leading SRM supplier management system service provider. It has experienced many digital transformation projects in enterprise business practice, so Processes related to supplier management, sourcing, quotation, order management, etc. are all the most reasonable and efficient methods extracted from the practice of many customers, and their professionalism is beyond doubt.

 

It is hoped that Qiqitong will help Ruizhi Pharmaceutical to establish a stable, easy-to-operate, flexible and configurable procurement and supply chain management platform in the future. Through system construction, the matching and information sharing of procurement requirements, sourcing, order execution, and process logistics can be realized, and the business process and standardized management of material procurement from the enterprise end to the supplier end can be supported, so as to improve the efficiency of procurement work, shorten the procurement cycle, and help the enterprise as a whole Business is growing fast.

02. Scenario-based procurement application

Empowering Enterprises to Upgrade and Transform Digital Smart Procurement

The procurement management of enterprises is not to "start from scratch", but to allow data and technology to participate and accelerate the improvement of traditional procurement business models. Qiqitong started from the actual business of Ruizhi Pharmaceuticals, combined with the different characteristics of the procurement of CRO and CDMO departments, and formulated a solution in line with its corporate management characteristics.

The one-stop procurement and supply chain management platform jointly established by the two parties has been integrated into various scenarios such as smart medical procurement management, supplier management, strategic sourcing, and contract management, linking the procurement business of various departments, and empowering smart medical digital intelligence procurement.

Procurement management: Realize closed-loop management and interconnection of procurement business. After the launch of the smart pharmaceutical procurement management platform, it supports the efficient collaboration between the purchaser and supplier in demand planning, purchase orders, receipt and delivery, production outsourcing, purchase reconciliation and other procurement business. Based on this, the management can grasp the overall operation of the enterprise from a global perspective Real-time monitoring of data and making corresponding decisions.

Supplier management: establish a complete information base for full life cycle management. Wisdom Medicine currently has thousands of suppliers, involving the procurement of reagents, consumables, animal-related, equipment-related, engineering accessories and other materials. Based on the premise of scientific management of suppliers, Qiqitong will help Wisdom Pharmaceuticals build a full life cycle management system from supplier development, access, cooperation, risk, performance to elimination, establish a complete supplier information database, classify, Provide better supplier management and services.

Strategic sourcing: intelligent price comparison assistant and multiple sourcing methods. The wise pharmaceutical procurement management platform provides multiple methods such as price comparison, bidding, and bidding, and supports multiple inquiry types, online price comparison and mobile quotation. cost.

Contract management: realize the electronic management of the whole process of procurement contracts. In terms of contract management, Wisdom Pharmaceuticals digitally manages the entire contract process from clauses, templates to templates, approval and signing, change adjustments, and performance monitoring. It can efficiently coordinate, status control, and dynamic query, making traditional texts a controllable process. Greatly improve work efficiency.

Through the one-stop digital procurement solution provided by Qiqitong, Wisdom Medicine will realize digital transformation and innovative creation of supply chain procurement, realize multi-system integration, and further improve work efficiency and supply chain management capabilities. It is expected that the two parties will take this cooperation as an opportunity to give full play to their respective corporate advantages, create more procurement demand scenarios, and establish a new model of procurement management in the pharmaceutical industry.

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