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IBM - Rapid Supplier Connect

Posted at 2:10 PM, May 26, 2020
and last updated 2020-05-26 14:10:56-04

As part of its approach to combating COVID-19 with technology solutions, IBM recently announced Rapid Supplier Connect. Rapid Supplier Connect is a blockchain-based network to help government agencies and healthcare organizations identify new, non-traditional suppliers who have pivoted to address the shortage of equipment, devices and supplies needed for COVID-19 relief efforts.

To help combat the current shortages, many large and small businesses from outside the traditional healthcare procurement system are reconfiguring to mass produce masks, gowns and other essential supplies. In order to begin purchasing from them at scale, buyers need help identifying these new suppliers, efficiently vetting and on-boarding them, and understanding in real-time their inventory availability. This new network also helps identify existing supplies and excess inventory going unused, allowing hospitals to redirect excess supplies to where they are needed most.

Rapid Supplier Connect is available at no cost until August 31, 2020 to qualifying buyers and suppliers in the United States and Canada.

Learn more here.