Relatable for supplier consolidation

Optimize to maximize

The Relatable Business Intelligence Platform gives you the ability to analyze your current supplier mix and provides recommendations to help you achieve supplier optimization. Thanks to our ability to automate medical device cross-referencing down to the individual product, you can see every potential conversion opportunity available for each supplier - optimizing your time and maximizing facility profitability.

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The Relatable
consolidation approach

Analyze

Less is more

Knowing how to identify and replace redundant suppliers for exact products gives you the insight to approach creative contracting strategies, such as enhanced discounts or rebates tied to volume.

Communicate

Magnify the facts

Help surgeons maintain awareness of the medical devices most relevant to their practice and quantify the financial impact of supplier consolidation if volume or compliance thresholds are achieved.

Act

Measure and manage

Once your consolidation goals and pricing contracts are in place, our platform provides you a sustainable method to track your performance and communicate results to suppliers regularly - so you can continually reap the rewards of consolidation.

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We give you the tools needed to get the job done

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Research

Product Data Catalog (PDC)

Relatable's Product Data Catalog is a comprehensive module to standardize and centralize information on medical device options, including clinical studies, surgical guides, product specifications, and more.

Compare

Product Comparison Tables

Our algorithmic approach to cross-referencing products enables objective comparisons of medical devices eliminating subjective bias and opinions.

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Analyze

Analytics Leading to Action (ALTA)

Analytics Leading to Action provides insights to measure facility and supplier performance metrics - down to the individual surgeon and procedure

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Forecast

Guided Purchase Solution (GPS)

Relatable's Guided Purchase Solution empowers surgeons and their facilities with product-specific recommendations to make informed business decisions regarding supplier consolidation."

Benefits of consolidation

  • Higher supplier market share drives lower prices
  • Fewer supplier meetings
  • Reduced clinical variation
  • Fewer purchase order submissions
  • Enhanced facility and staff efficiency

Learn more about this strategy and others