Purple & white business profile presentation.pptx

Procurement

1. PROCUREMENT AND MATERIAL MANAGEMENT Group No. 3 | Case Study 1 | SIBM Bengaluru

2. OUR TEAM Sr. No Name PRN 1 Saptarshi Sikdar 23020841134 2 Alisha Samant 23020841135 3 Vamsi Varma 23020841138 4 Harshada Khose 23020841143 5 Siddharth Gandhi 23020841144 6 Rochit Limje 23020841149

3. NARAYANA HRUDAYALAYA INTRODUCTION Narayana Health (formerly known as Narayana Hrudyalaya) is an Indian for-profit private hospital network headquartered in Bangalore.[5] It was founded by Dr. Devi Shetty in the year 2000. Narayana Health operates several hospital and heart centres across major Indian cities Bangalore, Delhi, Gurugram, Kolkata, Ahmedabad, Raipur, Jaipur, Mumbai, Mysore etc. with an international subsidiary in the Cayman Islands.

4. Procurement and Material Management Strategies of Narayana Hrudayalaya Narayana Hrudayalaya intends to maximise operating efficiencies and profitability across our network by : Maximise efficiencies through g reater integration and better supply chain management . Narayana Hrudayalaya hospitals are large consumers of drugs and medical consumables such as stents, sutures, and other surgical materials. The extensive network of healthcare facilities provides Narayana Hrudayalaya with increased bargaining power with equipment vendors and lends them a competitive advantage in terms of favourable economic terms of purchase and financing of medical equipment. To minimise costs and leverage economies of scale , they intend to focus on standardising the type of medical and other consumables used across their network , optimising procurement costs, consolidating their suppliers, and optimising the use of medical consumables by establishing guidelines for medical procedures across the network.

5. Technology and Innovation used by Narayana Hrudayalaya They have invested in technology and have adopted software such as: HINAI, an ERP tool integrating their administrative and clinical operations across India . This software enables them to maintain consolidated sourcing and procurement records and provide real-time access to data. Kateel is a subsidiary company that develops software, processes data, and procures products. It also operates, contracts, and provides voice and data processing facilities for Narayana Hrudayalaya.

6. Digital Transformation Initiatives by Narayana Hrudayalaya

7. APOLLO HOSPITALS INTRODUCTION Apollo Hospitals Enterprise Limited is an Indian multinational healthcare group headquartered in Chennai. It is the largest for-profit private hospital network in India, with a network of 71 owned and managed hospitals. Along with the eponymous hospital chain, the company also operates pharmacies, primary care and diagnostic centres , telehealth clinics, and digital healthcare services among others through its subsidiaries. Apollo Hospitals was founded by Prathap C. Reddy in 1983 as the first corporate health care in India.

8. Procurement and Material Management Strategies of Apollo Hospitals The core of Apollo Hospitals’ growth strategy is to maximize operating efficiency and profitability across the network. The goal is to reduce the cost of expensive drugs and medical consumables such as stents, implants, and other surgical materials by standardizing across the network , optimizing procurement costs, consolidating suppliers, and optimizing use of medical consumables by establishing guidelines for medical procedures. On January 28, 2022, Apollo Pharmacies Limited (APL), an associate company of AHEL, entered into a deal to list its pharmacy products on the e-commerce platform of Amazon India . This development has also facilitated the Company to entrench better procurement prices and provide operating leverage given limited opex. Moreover, the platform has the potential to push more private label sales.

9. Procurement and Material Management Strategies of Apollo Hospitals They have been early adopters of tele-medicine technology and deliver these services across Primary Care, Specialist Consults, Ophthalmology, Tele-Radiology, Tele-ECG, and E-ICU. Partnering with leading manufacturers for critical medical equipment like Da Vinci Surgical Systems for robotic surgery or Philips for advanced monitoring systems. This ensures top-of-the-line technology and potentially better patient outcomes.

10. Similar to NH, Apollo might utilize e-procurement platforms such as ATHMA for online ordering, automated approvals, and real-time inventory tracking. This reduces administrative costs and improves efficiency. Apollo might establish long-term contracts with key suppliers for essential medical supplies or equipment. This can secure consistent quality, potentially negotiate better pricing through volume discounts, and streamline procurement processes. Like NH actively seeks domestic manufacturers for medical equipment, especially for low-complexity devices. This reduces reliance on expensive imports and potentially creates a more stable supply chain. Apollo should also implement such measures to tackle Solutions

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