SciQuest’s Supply Chain Management Solution Chosen by Medical Institution

Less than a week ago, The Fred Hutchinson Cancer Research Center (FHCRC), a research institute based in Seattle, Washington, has chosen SciQuest Inc., an on-demand business solutions provider, to improve the efficiency of its supply chain management system for obtaining medical supplies.

FHCRC is among several other healthcare facilities that have upgraded their business applications through SciQuest’s on-demand solutions.

An incentive for FHCRC to work with SciQuest is the provider’s ability to integrate its solution with FHCRC’s existing PeopleSoft-based ERP. The research center will be able to maintain its current user log-ins and security preferences.

Says Mark Burch, Director of Material Management at the FHCRC: “SciQuest replaces a number of other methods of product ordering, allowing us to make this key function more streamlined and cost effective. SciQuest completes my vision of having one complete electronic procurement-to-pay cycle system at the Center.”

SciQuest advances customer ERP to improve business efficiency and eliminate overhead costs. Its online procurement solutions give a clean method of supply chain management, of bringing the goods and services necessary for the enterprise. The ERP solutions provider has helped clients achieve savings of 5% or more on procured goods and services.

“Today’s economic realities demand that healthcare facilities and research centers, such as Fred Hutchinson, make every effort to save money without compromising patient care or groundbreaking research,” says Krista Fuller, Director of Healthcare for SciQuest. “We are delighted to be playing a key role in helping the Center streamline the ordering process. We believe to improvements in accuracy, timeliness and cost savings will pay dividends for medical professionals and the patients they serve.”

Recent pushes toward universal health care compounded with the economic climate have forced many medical institutions to pursue business efficiency solutions that will cut costs. Because medical supplies represent a large portion of health industry expenses, effective supply chain management can dramatically reduce medical organization costs.

Features of SciQuest’s ERP solution include the ability to order from multiple vendors on one cart, all-electronic order processes with email confirmations, and package tracking throughout the entire shipping process.

Also in recent news for SciQuest, the company is a sponsor at the Healthcare Industry User Group (HIUG) Interact 10 Conference running from June 27^th to June 30^th. The conference will serve as a discussion forum for healthcare organizations running Oracle/PeopleSoft applications.

About SciQuest:

SciQuest is a leading on-demand supply chain management solutions provider that connects customers with their suppliers to improve goods and services transference. The company specializes in aiding organizations in higher education, life sciences, healthcare, and government. Each business solution is customized to suit the needs of each organization. SciQuest has over 160 customers around the world.

Tags: e-procurement, ERP, Oracle, peoplesoft, Supply Chain Management