base86 provides AI-driven supply chain workflow automation specifically for healthcare organizations, enabling them to streamline procurement processes and manage inventory efficiently. By automating repetitive tasks, the platform helps reduce staff time spent on manual quotes and spend analyses, resulting in potential annual savings of $50,000 per practice.
Funding
$150K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Healthcare organizations often face challenges in managing their supply chain, leading to inefficiencies in procurement processes, increased operational costs, and wasted staff time on manual tasks such as comparing supply costs and managing inventory. These manual processes can result in missed opportunities for cost savings and hinder informed decision-making.
Solution
base86 offers an AI-driven supply chain workflow automation platform designed to streamline procurement processes and optimize inventory management for healthcare organizations. The platform automates repetitive tasks like generating quotes and spend analyses, reducing the time spent on manual processes. By leveraging AI, base86 enables healthcare practices, suppliers, and group purchasing organizations to shorten procurement cycles, automate contract management, and gain data-driven insights for better decision-making. The platform provides tools to manage product lists, create purchase orders, and automate catalog management, ultimately unlocking operational savings and improving efficiency.
Target Audience
The primary target audience includes independent healthcare practices, suppliers, and group purchasing organizations (GPOs) seeking to optimize their supply chain management and reduce operational costs.
Features
- AI-powered automation of supply chain workflows, including quote generation and spend analysis
- Centralized platform for managing product lists, creating quote requests, and generating purchase orders
- Spend analytics tools to automate catalog management and provide comprehensive spend and savings reports
- Option to outsource supplies ordering through the 86 Supplies Concierge service
- Turnkey e-commerce storefronts for suppliers
- API integration (86 Catagraph) to integrate transactional and catalog data into third-party products