With an annual expenditure of more than £20 billion, procurement is a huge market luring suppliers of medical goods and services from allover the country. With a large number of potential NHS suppliers vying with each other to win tenders, choosing the right contractor can be quite difficult for procurement professionals.
Understanding the objective of NHS procurement
While advancement in medical science and technology has significantly improved the quality of life, most of the latest treatments are available at exorbitant prices that may be beyond the reach of a large number of people. procurement enables every person, regardless of his or her financial condition, to access the best treatment. The NHS procurement professionals and trust managers are entrusted with the job of making the best use of the scarce procurement resource while securing quality goods and services for patients.
Maintaining transparency in NHS procurement
Since procurement is funded by the government, the procurement professionals and trusts are accountable to the government and taxpayers. It is therefore necessary to maintain transparency at every stage of the transaction. The buyers should be prepared to account for their expenditure. They should clearly state their commissioning intentions including the services that they expect to procure through competitive tenders and those that will be supplied through single tender actions.
An effective NHS price comparison system helps to maintain price transparency in NHS businesses. However, for a long time, the NHS procurement process has functioned in a disorderly manner. Time constraint had prevented procurement professionals from sourcing the medical goods and services effectively.
How to improve NHS procurement with price comparison Procurement kpis
Granted the time constraint of NHS procurement agencies in making emergency purchases, NHS professionals can make the best use of the NHS budget only when they can access detailed information of a wide range of clinical products within a short time span. This issue can be tackled by visiting an online marketplace where numerous suppliers from nearly every nook and corner of the country showcase their clinical products. With hundreds of similar and substitute products to choose from, a shopper can easily select the appropriate product. A NHS price comparison website can also help the buyer track changes in the prices and price histories of different clinical products and services.
Non-discrimination in NHS procurement
While procuring goods and supplies, the procurement professional should not give any advantage to a particular supplier or market sector. Instead of judging the nature of the organization, that is whether it is a public, private, charitable, social or voluntary organization, the NHS buyer should see whether the organization meets the procurement standard