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Anchor Spotlight: Advocate Launches New Online Supplier Portal

On December 2nd, Advocate announced the launch of its new online portal during its supplier diversity roundtable. According to Advocate’s Director of Sustainability and Supplier Diversity, Mary Larsen, “the online portal will enable the integration of data for future contracting and sourcing opportunities, which will result in greater transparency for all our current and potential suppliers.”

For those anchors considering launching an online portal, Mary recommends,“evaluating what is your current communication platform to suppliers, determine your vision for the procurement process, and how does the portal figure into that.” She also encourages Anchors, “to invite all impacted stakeholders to the table.” With the launch of this portal, Advocate is aiming to achieve the following short-term and long-term benefits:  

Benefits - Current State

 

  • Visibility into the marketplace
  • Improved data quality and reliability
  • Visibility into Advocate’s contract expiration calendar

Benefits -  Future State

  • Automated supplier onboarding
  • e-Procurement enablement
  • Supplier Information Management

During the roundtable, CASE highlighted its plans for the diagnostic tool.  CASE and Advocate will continue to collaborate as Advocate enhances its online portal and CASE prepares for the launch of its online matchmaking tool.

For more information about the portal, please refer to the Advocate Health Care Supplier Portal or Advocate’s Supplier Portal FAQ Guide.

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