Ivey Publishing
Purchasing Consortium for the BMS Industry in Singapore (Simplified Chinese)
Product Number:
9B12DC014
Publication Date:
07/09/2013
Length:
5 pages (4 pages of text)
Product Type:
Case (Field)
Source:
Ivey/NUS
Since November 2011, the director and chief scientist for Acumen Research Laboratories (ARL) had been conferring with Spring Singapore — a government agency devoted to the city-state’s economic growth — on ways to improve the current procurement practices of the biomedical science (BMS) industry in Singapore. As a senior chief scientist and the founder of ARL, she saw and experienced tremendous purchasing inefficiency and quality problems in the existing procurement practice in sourcing supplies and equipment. She believed that a centralized procurement structure and process among all members of the BMS industry in Singapore would be more efficient and was in April 2012 finalizing a proposal to Spring Singapore for initial funding to set up such a purchasing consortium. This consortium would be a new line of business for ARL.
Learning Objective:
  • Distribution and supply chain for the BMS industry in Singapore.
  • Purchasing process and structure.
  • Purchasing consortium and e-markets.
Issues:
Disciplines:
Operations Management,  General Management/Strategy,  International,  Entrepreneurship
Industries:
Health Care Services
Setting:
Singapore, Small, 2012
Intended Audience:
Undergraduate/MBA
Price:
$4.25 CAD / $4.25 USD Printed Copy
$3.75 CAD / $3.75 USD Permissions
$3.75 CAD / $3.75 USD Digital Download
Associated Materials
Use With: 9B12D014 (6 pages)
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