Technology will have a colossal role to play in healthcare in the coming years by becoming ubiquitous and more affordable. Several parts of the healthcare industry will be automated to improve efficiencies and coverage, all targeted at maximizing the practitioners’ time spent with patients. Non-core areas like the supply-chain will get automated first up, followed by some of the core areas. The biggest challenge in an outmoded industry like healthcare, especially for tech-enabled setups is inertia. It takes visionary hospital owners and managements to acknowledge the need for futuristic solutions.
PinkBlue.in is India’s first healthcare supply-chain automation solution provider. It assists hospitals to reduce their supply-chain costs by 5-15%, through its tech-enabled solution, PB Meta. PinkBlue works on offering vendor consolidation and price optimization outside the hospitals and also takes care of the purchase and consumption process automations inside the hospitals. They work across the supply-chain and cover all material-needs of hospitals including medical consumables, surgical consumables and pharmaceutical products.
The Outstanding Management Team behind PinkBlue
Valliappan K, Varun Singh and Arun Sriram are the Co-Founders of Pinkblue.in. Valliappan is currently working as the CEO. Varun and Valliappan started PinkBlue.in together. Both of them have over five years of managerial experience, post their MBAs, which they pursued together at IIM Kozhikode. On the other hand, Arun, an IIFT alumnus, joined them later to scale up the business.
Valliappan has experience in consulting for an array of organizations in diverse areas including growth strategy, profitability improvement, and e-commerce and supply-chain optimization. Varun has previously played multiple roles at various FMCG giants running marketing and sales initiatives across geographies. He leverages this experience to achieve his goals at PinkBlue seamlessly. On the other hand, Arun has a decade of experience managing complex distribution networks along with launching and building some house hold FMCG brands in India. While they come from non-healthcare backgrounds, they have drawn from their expertise in other industries, to build a platform which solves several pain-points which are specific to the healthcare space.
Providing State-of-the-Art Products and Services
PinkBlue is the first and only supply-chain solution in the healthcare industry, which caters to every type of healthcare institution – from a small clinic in a tier-3 town through e-commerce, to the top hospital chains in the country through its fully automated healthcare supply-chain SaaS solution. Primarily, it offers the SaaS solution for automating all actions around the supply-chain inside a hospital – purchase & consumption of consumables and pharmaceutical products, called PB Meta.
PinkBlue.in is the leading solution in the industry, to offer a complete end-to-end manual-entry free supply-chain, through automated goods receipts; barcode based dispensing and automated reordering. It works closely with its clients to ensure accurate consumption tracking, and automate all other actions around reordering and approvals on the top of it. PinkBlue supplies all its orders and products through its commerce arm, to give complete control over all the parameters to the hospital. Through this, it saves around 5-15% of the supply-chain costs for most of its hospital partners.
The company also offers an e-commerce purchase solution for clinics and small hospitals, where it connects the manufacturers directly to clinics, allowing the clinics across the country to get better prices and a wider range of products, thus removing its clients’ access restrictions. This enables the smaller hospitals to become more efficient as well.
Recent Technology Trends in the Industry
Technology plays a massive role in bringing in supply-chain efficiencies, especially in a complex supply-chain like that of healthcare. Hospitals find their supply-chain needs to be somewhere in-between office supplies and industrial raw materials. In such scenarios, technology plays a massive role in democratizing smart supply-chain practices, allowing a mid-sized hospital to bring in similar efficiencies as a large player through the use of technology.
Technology plays a substantial role in PinkBlue, with most elements of its operations automated already. Its solution is built to address this need and make all hospitals more efficient in handling their supply-chain. It is currently building AI tools to make its supply-chain decisions smarter. This has enabled them to build a futuristic supply-chain, which changes the way hospitals approach purchase and consumption of consumables. PB Meta helps unlock hidden efficiencies in the supply-chain for both large and mid-sized hospitals alike, driven by technology.
Distinct features of PinkBlue.in
PinkBlue is the first fully automated supply-chain solution for the healthcare industry, which has led to focusing on the specific and critical pain points of healthcare like data mismatches in the supply-chain, reordering process becoming ineffective over a period of time, excess stock and expiries, inordinate people spending time on managing stocks, etc. It has solved each of these pain points with the focus on the practical issues, leading to solutions which work.
The company offers assured cost savings to its hospital partners, by working with both their purchase and operations teams closely, finally enabling hospital owners and CFOs to look at supply-chain costs holistically and start working with meaningful and achievable targets and metrics.
Source :-The 10 Most Trustworthy Healthcare & Life Science Solution Providers
