Premier Inc., a technology-driven healthcare improvement company, and Resilinc Corp., a supply chain monitoring, mapping and resiliency solution, announced a new collaboration to drive greater supply chain transparency, risk mitigation and business continuity for U.S. healthcare providers.
The Resilinc and Premier initiative expands Premier’s supply chain mapping footprint to encompass more than 1,300 suppliers and 15,000 sites. Leveraging Resilinc’s Multi-Tier Mapping service will give Premier visibility down to the site, product and ingredient/part levels for its top supplier partners, allowing for greater transparency into potential vulnerabilities to help ensure continuity of supply. Premier will also utilize Resilinc’s RiskShield, which provides comprehensive supplier risk scores based on geographic diversity, recovery time, quality, Environmental, Social and Governance (ESG) and sustainability practices, and other key criteria.
In addition to enhanced supply chain mapping and supplier risk assessments, Premier will leverage EventWatch, Resilinc’s 24/7 monitoring service. EventWatch uses artificial intelligence and natural language processing technology to monitor for over 50 types of potentially disruptive events across millions of news, social media and government agency feeds in 189 countries and 100 languages.
"Our collaboration with Resilinc is yet another step forward in Premier’s steadfast, multi-year commitment to protect healthcare providers from shortages,” said David A. Hargraves, senior vice president of supply chain for Premier. “This partnership also aligns with Premier’s ESG commitment — our members and other partners deserve more transparency to help fulfill our collective mission to improve the health of communities.”
“We’re thrilled to expand our partnership with Premier to include more robust supply chain mapping and supplier risk assessment capabilities. These two areas are crucial to business continuity, especially in the healthcare supply chain,” said Bindiya Vakil, CEO and co-founder, Resilinc. “The visibility supply chain mapping provides is the foundation of risk management and transparency. That, combined with knowledge about the potential risk areas across the supplier network, allows for a deeper understanding of issues and the ability to offset any brand or logistical trouble.”
About Premier Inc.
Premier Inc. is a healthcare improvement company, uniting an alliance of more than 4,400 U.S. hospitals and health systems and approximately 225,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost. Premier plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide.
Resilinc is a supply chain monitoring, mapping, and resiliency solution. Over 100 of the world’s leading organizations including IBM, General Motors, Amgen, and Western Digital rely on Resilinc’s AI-powered monitoring service to have visibility into potential supply chain disruption. Resilinc maps the supply chain multiple tiers deep, down to part, supplier and site levels, and exposes bottlenecks deep in sub-tier suppliers. Companies partner with Resilinc to protect revenue despite supply chain disruptions worldwide.
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