Kronos Group

How procurement transformation consultants add value to the work of the healthcare sector


The healthcare sector requires the same profitability and efficiency as any other industry in the world. When healthcare is able to operate efficiently and profitably, the quality of service provided also improves.

The expertise of a procurement transformation consultant creates opportunities for more empathetic healthcare by:

– Creating procurement resilience
– Protecting front-line workers
– Making healthcare more accessible

Read our blog post to learn more about how COVID-19 highlighted the importance of procurement efficiency in the healthcare sector.

Procurement is the process through which companies and industries acquire the goods and services they need to function and fulfil all their projects and commitments. 

In critical industries like healthcare, procurement can mean the difference between life and death, with one breach in the supply chain leading to a breakdown in the efficiency of the whole system.

This is especially true in the event of a pandemic like COVID-19 that spread around the world at an unprecedented rate, leading to a series of disruptions in the supply chain in several key industries. 

The most notable disruption was in the breakdown of goods and services to the healthcare sector.

Procurement transformation consultants create procurement resilience

The COVID-19 pandemic required supply chains all over the world to meet the evolving requirements of businesses looking to sustain their operations through the crisis and survive. 

This was especially true for the healthcare sector, which bore the brunt of the crisis and struggled to respond to the onslaught of patients the pandemic produced.

The crisis revealed that the supply chain supporting critical industries did not have the flexibility to withstand a crisis of the magnitude of COVID-19. This lack of resilience put frontline workers at risk of contracting the virus and hampered the ability of healthcare providers and nations to respond to the crisis as effectively as they could have.

Procurement transformation consultants can protect front-line workers

Healthcare professionals put themselves at risk every day to perform their work to the best of their ability. To continue doing what they do, they need to be backed by the right medical supplies.

A procurement transformation consultant helps you ensure that your procurement processes are not simply a matter of procuring the cheapest, most profitable supplies but strike a balance between financial and procurement efficiency and provide high-quality resources to professionals on the front line. 

Efficient procurement has a ripple effect across the healthcare sector, not just providing necessary supplies in a timely manner, but also supporting morale on the frontline of the crisis.

Procurement transformation consultants can make healthcare more accessible

Access to healthcare and medical facilities should be a basic human right, but this is often not the case. 

A procurement transformation consultant can reduce this gap and move the industry closer to providing higher quality and more accessible healthcare. 

This is because the services of a skilled procurement transformation consultant will not only boost the value of the procurement processes that support the healthcare industry but also expand the reach of medical facilities.

A procurement transformation consultant can help you achieve your procurement and overall business objectives by helping you leverage the right processes, tools, expertise, and strategies.

The prioritisation of core objectives is key to empathetic, people-driven industries such as healthcare. With consultancy services, your company and the industry as a whole can benefit from the expertise of professionals who help you shift your business processes to stay on track to achieving your goals through pragmatic strategies.  

How can Kronos Group add value to your work in the healthcare sector? 

The procurement transformation consultants at Kronos Group have the expertise you need to transform your work in the healthcare sector. 

When it comes to procurement, even small changes to your operations can go a long way. The advantage of a procurement transformation consultant is that they evaluate your short- and long-term objectives, your requirements, and a host of other factors to help you implement the right procurement strategy.

Our consultants have the experience, expertise, and tools you need to develop resilient supply chains and boost the value of critical industries like the healthcare sector. 

Achieve procurement efficiency today by contacting Kronos Group’s team of skilled procurement consultants. 

Julie Brand

A part of Kronos Group’s team since 2018, Julie is a leader who has honed her specialisation in business transformation and utilised her expansive financial expertise to power business strategy and add value to what we do. She has amassed experience (Pfizer, Sony, AXA, SMEC, Tradelink) all over the world in strategy, project management, analysis, and supply chain.