5 Ways a Hospital System Benefited from Partnering with eBridge

Thursday, June 25, 2015

5 Ways a Hospital System Benefited from Partnering with eBridge

A healthcare system with over 2000 beds partnered with eBridge to establish a contract for trashcan liners. Six qualified vendors placed 134 lowering bids during the online reverse auction, and the winning offer created a net savings of 13% or roughly $55,000 per year. But in addition to saving money, the eBridge process helped their procurement team created value in 5 additional ways.

  1. The IDN reduced waste by over 20% (according to director of Environmental Services), by buying liners in rolls rather than flats—flats are harder to store on ESD carts, and are easily scattered and lost.
  2. Reduced the number of SKUs from 21 to 10, so the staff has less inventory to track.
  3. Increased recycling and lowered waste hauling costs by buying clear bags instead of black. Recycling company will not accept black liners, and as more waste is sent to recycling, the client pays less for the municipal landfill service—and less waste goes to the landfill.
  4. Improved quality of office can liners from 0.3 to 0.7 mils, so bags will be less likely to tear, cause spills, etc.  Case weight increased from 7.7 to 17.9 lbs.
  5. Established better terms by consolidating purchases to one primary vendor, and locking in pricing for one year, rather than remaining vulnerable to price changes every 3 months.

The eBridge customized RFP process is about much more than price.  We help our clients procure the right products and services, from the most qualified vendors, with the best contract terms—helping their procurement team capture cost savings throughout every step!