|
Who is Medi-Exchange ?
Medi-Exchange is a premier online marketplace that dynamically link buying
and supplying medical institutions into real-time medical trading
communities. Our solution powered by Commerce One enables companies to
significantly reduce operational costs and increase efficiency by
automating the entire indirect goods and services supply chain. As a
result, enterprise organizations are able to realize a strategic
competitive advantage as well as a rapid return on investment.
Medi-Exchange is headquartered in Singapore with regional offices in
Malaysia, Indonesia, Hongkong and Taiwan and can be reached at
(65) 225 2911 or via the Internet at http://www.medi-exchange.com/
Medi-Exchange Goals:
- Create a online medical marketplace for procurement, tender and auction.
- Provide a jumpstart into ecommerce for hospitals without the investment and technology risk.
- Enable hospitals and clinics to manage procurement instead of paperwork.
- Create a real-time trading environment between buyers and suppliers and commerce service providers.
Why did you develop Medi-Exchange?
Medi-Exchange developed Medi-Exchange to enable all organizations,
regardless of size, to participate in electronic commerce. By dynamically
linking buyers with their suppliers over the Internet, Medi-Exchange
creates more efficient and cost-effective purchasing processes for all
trading partners involved.
What are the benefits of participating in Medi-Exchange?
The benefits include:
- More accurate process
- Lower inventory requirements
- Less errors and re-work
- Fewer returns
Reduced costs:
Reduced customer service load :
- Invoicing, accounts receivable
Efficient operation:
- Use existing content format
- MarketSite "sharable" normalization
- One update for trading community
Increased revenue:
- A new sales channel
- More on-contract buying
Less off-contract buying
Is this an EDI/VAN Solution?
No. Unlike EDI/VAN solutions that use point-to-point connectivity,
Medi-Exchange provides a many-to one-to-many communication between buyers
and suppliers. This allows for two-way communication between you and your
customers resulting in enhanced customer service and reduced order
processing costs.
How will my participation in Medi-Exchange allow me to communicate more
easily with my customers?
The many-to one-to-many architecture of Medi-Exchange will allow you to
send content and updates to the entire community of buyers at the same
time, instead of having to update each buyer one-at-a time.
Will I lose control of my relationship with my customers?
No. In fact, you will gain from greater relationship consolidation with
your customers. Simply because you are providing more values add services
to the customers who want to do business in this renewed cost effective
manner. The host of products that Medi-Exchange provides enable all
parties to reduce overall processing costs while enhancing efficiency.
What should I expect when I become part of Medi-Exchange?
By becoming a supplier to Medi-Exchange, you'll be making your catalog
content available to the buying organizations that are your existing
customers who are members of Medi-Exchange. Each buyer and supplier must
have an agreement in order to conduct commerce with one another. If you're
not currently a contracted supplier to the participating buyers, you can
still place your content on Medi-Exchange. The content becomes
transactional when a buyer chooses to conduct commerce and establishes a
relationship with you.
Who handles my catalog content?
Medi-Exchange will host your catalog content in a secured environment
after carrying out the necessary product mapping, categorisation and
normalisation processes.
Where does my catalog content reside?
Your catalog content resides in two locations. The first location is in
your customer's indirect procurement catalog that resides on their
corporate Intranet. The second location is on Medi-Exchange. The purpose
of co-hosting your content is to maintain up-to-date product and pricing
information for your customers. For example: You're running a special on
widgets at a cost of $10.00. The last time your customer purchased these
widgets, the cost was $15.00. You want to provide your customer with the
most competitive price. Upon placing the order, your customer would
automatically receive the updated pricing because of the functionality of
Medi-Exchange. Thus, the Medi-Exchange portal provides real-time updates
to ensure your customers are always getting the best price.
How will I update content?
You can submit content through Medi-Exchange. In addition, you can view
your content through a hosted web application. And, Medi-Exchange
Supplier Services will provide reports to you on a regular basis as your
content is processed.
Where do I send my content?
After you have signed an agreement to become a supplier to Medi-Exchange,
you will receive further instructions of what location to send your
content within Medi-Exchange.
How do I get involved?
You can become a supplier to Medi-Exchange by signing up at the Supplier
Registration. After you submit the form online, you will receive a Welcome
Message via email.
What is required to participate in Medi-Exchange?
You must first sign an agreement and then provide your content to
Medi-Exchange. You will not begin to receive orders until you have
established a relationship with a participating buyer(s).
What will it cost me to participate in Medi-Exchange?
Based on the volume of purchase orders generated, a transaction fee will
be charged. In other words, there will be a minimum fee charged to you
each time you receive a purchase order from your participating customer(s).
What are the hardware requirements for participating in Medi-Exchange?
You are only required to have a standard Internet Service Provider
connection (ISP). Browser requirements include Microsoft 4.X and
Netscape 4.X.
|