Sep 30, 2022 | Books, Business
BLOOMINGTON, Ill. – Sept. 28, 2022 – PRLog — Procurement Partners continues to invest in industry and high growth experience to its leadership, as the company announces three new additions to its executive team. The company is excited to announce Jeffery Lew as the new Chief Product Officer, Ryan Klepps as Senior Vice President of Operations, and Ben Barron as the Vice President of Sales.
Lew joins Procurement Partners from Nextech Systems, where he was the Senior Vice President of Product Management. With 20+ years of leadership experience, Lew has a proven track record of building out Product Strategy and Product Management processes at scale in a variety of Healthcare IT and SaaS businesses.
Klepps joins Procurement Partners from WebPT, an electronic medical records software provider, where he scaled the post-sale operational teams to address significant business growth. Before WebPT, Klepps co-founded and was the Chief Operating Officer of Strive Labs, a market-leading Patient Relationship Management software for rehabilitation professionals. Klepps brings deep expertise in building and optimizing operational teams and processes to deliver a world-class customer experience.
Barron comes to Procurement Partners from his most recent role as the VP of Enterprise Sales and Business Development of WebPT. Barron’s leadership was instrumental in driving 400% growth and becoming a top 100 healthcare IT company during his tenure. He also brings over two decades of healthcare experience to Procurement Partners as a licensed Physical Therapist and the former owner of a 20-clinic private practice in New England.
“These new executives bring decades of combined experience in driving growth for their businesses and customers in the healthcare market,” said Harmeet Singh, CEO of Procurement Partners. “Having backgrounds ranging from clinical to product, they offer the crucial insights needed to continue meeting our customer needs. Their abilities to drive scalable growth will enable us to continue delivering superior solutions and experiences to our customers.”
The additions of Lew, Klepps, and Barron follow several Executive additions to Procurement Partners over the past year to support the organizations’ strong growth.
About Procurement Partners
Procurement Partners is the leading spend management system in healthcare. They provide tools that make it easy to manage supplies with one platform for purchasing, receiving, invoice management, and payments. Clients have achieved 40%+ time savings and are often beyond 95% compliance against preferred pricing contracts. For almost 15 years, Procurement Partners has been known for its post-acute care solution serving long-term care, skilled nursing, and inpatient rehabilitation facilities. In 2021, Procurement Partners acquired Hybrent, known for its procurement and inventory management capabilities in non-acute markets. This combination enables the company to serve surgical centers, physician offices, management groups, critical access hospitals, integrated delivery networks, and long-term care facilities. Procurement Partners helps Healthcare providers repurpose time and money spent on purchasing supplies toward patient and resident care.
To learn more about Procurement Partners, visit https://procurementpartners.com/
Jul 23, 2022 | Business
On the directions of Prime Minister, a review meeting of GeM (Government E-Marketplace) was held under the chairmanship of Commerce and Industry Minister Sh. Piyush Goyal today. Buyers from over 50 Central Govt. Ministries and 50 CPSEs were invited for getting firsthand feedback of the Buyers.
Shri Goyal lauded the efforts being made by various Buyer organizations in increasing their procurements through GeM and emphasized that Hon’ble Prime Minister has set a target of 75% procurement to be made through GeM by 15th of August and 100% procurement to be made through GeM by the end of the current financial year.
The minister said that there was a need to keep a strict vigil on GeM procurement data and identify any deviant behaviours using Advanced Analytics and AI ML based tools so that immediate and strict action could be taken against any such deviant behaviours.
The Minister emphasized on the need to change in the perception that public procurement is a source of corruption. He said that GeM has brought about a sea change in the way public procurement is perceived by public at large. He expressed the hope that GeM will continue its engagement with all stakeholders and going forward will also focus on ease of doing procurement. He desired that GeM should be benchmarked against best in the class rather than being benchmarked against other Government systems.
Shri Goyal also expressed the hope that the kind of data being generated in GeM will certainly help government in improving transparency and efficiency in public procurement. The Minister said that aggregation of demand because of procurement happening through a single portal will help in reducing the cost of procurement also for Govt. Buyers. With collective wisdom and collective efforts of all stakeholders, GeM can well become the largest marketplace for public procurement in the world, he added.
During the review meeting, Buyers were briefed about the new features and functionalities deployed on GeM in last one year and also about planned developments in near future. Queries of the Buyers were discussed and resolved or taken note of for further improvement on the portal. Large number of buyers appreciated efforts being taken by GeM to make procurement process simpler and transparent.
GeM has made significant strides since its inception. Gross Merchandise Value (GMV) in last 4 years has been as under:
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Financial Year
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Annual GMV (INR)
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Growth over previous year
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FY 2018-19
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16,972 Crore
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|
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FY 2019-20
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22,580 Crore
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33%
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FY 2020-21
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38,280 Crore
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70%
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FY 2021-22
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106760 Crore
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178 %
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GeM has about 61,440 Government Buyer Organizations and about 47.99 Lakh Sellers & Service Providers with a rich listing of over 41.44 lakh Product Offerings and 1.9 lakh Service offerings. All states (except Sikkim) have already signed MoUs with GeM. As many as 239 CPSUs are also registered on GeM and making significant procurement through GeM Portal.
GeM has taken a host of steps to onboard products of Self-Help Groups (SHGs), tribal communities, craftsmen, weavers, and MSMEs with a view to making the platform more inclusive. 57% of the total business on GeM has come through the MSE units and over 6% has been contributed by women entrepreneurs. GeM is also integrating with Panchayati Raj Institutions to allow online buying and selling by the Panchayats at the grassroot level. GeM is also in an advanced stage of integration with IndiaPost for extending logistics services at the grassroot level. GeM SAHAY is another initiative of GeM to facilitate small sellers to avail credit financing from various integrated lenders against the Orders received on GeM.
Government e Marketplace (GeM) is an online platform for public procurement in India which was envisaged by the Hon’ble Prime Minister. The vision for GeM expounded by the Hon’ble Prime Minister was to drive the three pillars of inclusivity, efficiency with attendant cost savings and transparency along with more and more usability. The initiative was launched on August 9, 2016 by Ministry of Commerce and Industry, with an objective to create an open and transparent procurement platform for government buyers. The portal has transformed public procurement in India by driving its three pillars viz. inclusivity, transparency, and efficiency.
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(Release ID: 1844060)
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