Introduction: Xinkai Pharmaceutical and Baizhuo Purchasing Network reached a cooperation to upgrade their own procurement model. Baizhuo Purchasing Network uses Baizhuo Youcai software to help Xinkai Pharmaceutical realize the complete online purchase process, at the same time achieve multi-warehouse information management, reduce inventory pressure, and improve the utilization of inventory items. In addition, Baizhuo Purchasing Network also helped to establish Xinkai Pharmaceutical's online e-procurement platform so that it can interact with suppliers in real time.
Recently, Baizhuo Purchasing Network and Xinkai Pharmaceutical have reached a cooperation to help Xinkai Pharmaceutical establish a transparent and transparent procurement system and upgrade its procurement model.
Pharmaceutical companies are responsible for the social responsibility of providing quality pharmaceutical products for national health. In the era of big data, a transparent and simple procurement model can help pharmaceutical companies reduce their costs, and help pharmaceutical companies to spend more money on drug research and development to produce higher-quality medical products.
As a US-funded enterprise, Xinkai Pharmaceutical entered China in 1996 and successively invested in holding a number of companies in the life sciences and developed into an international pharmaceutical group with new drug R&D, pharmaceutical production, marketing, and new media for health. One of the country’s new drugs, AiRuoHua®, produced by Xinkai Pharmaceuticals is an internationally recognized first-line treatment for rheumatoid arthritis.
With the expansion of business services, Xinkai Pharmaceutical has always had some confusion in its procurement management. The ERP system that has been used cannot satisfy the company's management of the procurement process. As a result, the Purchasing Department still uses offline work methods. This process is cumbersome and time-consuming. There are many branches, and the current management mode of decentralized procurement leads to inconsistent data and can't perform accurate and accurate procurement analysis. Currently, the company has only one warehouse. The management level of the warehouse cannot meet the current demand, and many items are collected and stored in the warehouse. No, it causes loss, loss, etc. With the intensification of competition in the pharmaceutical industry, Xinkai Pharmaceutical recognises that in order to have a deeper research on drug research and development, it is imperative to reduce the cost of the enterprise in other areas. Therefore, it is imperative to reduce the cost of procurement.
In this opportunity, Xinkai Pharmaceutical and Baizhuo Purchasing Network reached a cooperation to upgrade their own procurement model. Baizhuo Purchasing Network uses professional procurement software to help Xinkai Pharmaceutical realize the complete online procurement process, at the same time achieve multi-warehouse information management, reduce inventory pressure, improve the utilization of inventory items. In addition, Baizhuo Purchasing Network also helped to establish Xinkai Pharmaceutical's online e-procurement platform so that it can interact with suppliers in real time. Xinkai Pharmaceutical can publish information such as inquiry, ordering, bidding, bidding and other information on the platform, and suppliers can respond in real time on the platform.
It is reported that Baizhuo Purchasing Network is a one-stop integrated procurement service platform under Focus Technology Co., Ltd. (stock code: 002315). Since its operation, it has reached cooperation with more than 200,000 manufacturing companies such as Formosa Plastics Group and Haier Group, and the purchase value of the platform has exceeded 100 billion yuan.
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