Traditionally, it takes three to six months for Baton Rouge General Medical Center (BRGMC) Materials Management Director, Todd Daniel, to do an RFP from a vendor or set of vendors. He wanted to go to market more easily and quickly. Also, price changes keep happening, and he had no mechanism to catch those as they happen. “It might be a small thing, like a box of room deodorizer. But when the price triples on that box, it’s a $10,000 annual price creep,” Mr. Daniel explained.
BRGMC needed an efficient way to see where they were paying too much for hundreds of products.