B2B E-commerce Platform for Procuring Healthcare Equipment and Consumables
Challenges:
Rising costs and inefficiencies due to non-digital procurement channels, along with error-prone, time-consuming coordination between manufacturers and dealers.
Industry
E-commerce
Solutions:
Created an advanced B2B e-commerce platform, Kogland, for healthcare procurement.
Results:
Streamlining healthcare procurement, achieving pricing standardization, reducing middlemen involvement, and simplifying processes for healthcare organizations.
Location:
India
About the Client
Kogland stands as a premier B2B e-commerce marketplace focused on streamlining healthcare procurement for hospitals and clinics. They aim to disrupt the traditional procurement process by helping healthcare providers procure quality products from trusted manufacturers and vendors.
Fingent developed a robust e-commerce platform tailored to a wide array of B2B functionalities. This platform empowers Kogland to enhance efficiency, reliability, and accessibility in healthcare procurement.
Case Overview
A team of medical and technology experts recognized critical challenges in healthcare procurement, including hidden costs and supplier preference variability. They sought to simplify the procurement process by reducing intermediary commissions and addressing corruption risks.
With Fingent's support, they launched a specialized e-commerce platform for B2B medical procurement. This platform enhances efficiency, transparency, and cost-effectiveness, ensuring reliable access to quality medical supplies.
CHALLENGES
Roadblocks Faced in the Existing System
Non-digital procurement channels escalated acquisition costs.
The need to streamline the procurement process was evident.
Invisible costs such as inventory holding and distribution expenses were prevalent.
Supplier preferences led to drastic cost variations.
The traditional medical supplies procurement model involved multiple intermediaries.
The risk of corruption in the healthcare procurement process remained a concern.
SOLUTION
Fingent's Approach: B2B E-commerce Platform
To address challenges such as the middlemen's influence and achieve pricing standardization, Kogland was developed as a B2B e-commerce marketplace, aimed at streamlining medical procurement for healthcare organizations.
Implemented a single dashboard for managing orders, shipping, and payments.
Facilitated a hassle-free procurement process for healthcare organizations.
Established an online marketplace featuring quality products from trusted vendors.
Validated every manufacturer and vendor through rigorous clearance verifications.
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SOLUTION BENEFITS
Making an Impact on Client Success
Fingent developed a robust platform, Kogland, to revolutionize medical procurement. This B2B e-commerce marketplace simplifies the purchasing process for healthcare organizations, offering transparent payments, stress-free returns, and refunds, secure payment gateways, exclusive vendor engagement, and an automated shipping process.
Transparent payments with no hidden costs
Hassle-free returns and refunds
Secure payment gateways for timely transactions
Exclusive vendor engagement opportunities
Automated shipping processes
