Purchase & Supply Chain Management
Driving Efficiency, Cost Savings & Operational Continuity
At Akash Advisors, we help hospitals build robust, cost-effective, and transparent purchase and supply chain systems that directly impact service continuity and financial performance. In the healthcare industry, even minor disruptions in procurement or inventory can compromise patient care. Our comprehensive support ensures that your hospital’s procurement function is streamlined, responsive, and aligned with both operational and strategic goals.
Structured Procurement Processes
We assist in establishing clear procurement protocols that define each step of the purchasing lifecycle—from requisition and vendor selection to purchase orders and delivery tracking. By putting in place standardized procedures and digital tracking systems, hospitals can reduce errors, eliminate unauthorized purchases, and ensure compliance with budgets and quality benchmarks.
Inventory Optimization & Stock Level Control
Holding excess inventory leads to capital lock-up and waste, while understocking can disrupt care delivery. We help hospitals implement smart inventory control systems.
Vendor Management & Negotiations
Our team supports vendor identification, evaluation, and empanelment, ensuring partnerships with reliable suppliers who meet quality, price, and delivery standards. We also guide hospitals in:
•Negotiating favourable pricing and payment terms 
•Drafting comprehensive Service Level Agreements (SLAs)
•Establishing performance monitoring systems for vendor compliance
•Diversifying supplier base to mitigate supply risks
These steps help maintain a stable and cost-effective supply chain, enhancing purchasing power while improving responsiveness.
Technology & Process Integration
We recommend and support the implementation of ERP systems and procurement software to automate and centralize purchasing, approval workflows, and stock management.
Outcome-Oriented Approach
With our purchase and supply chain management services, hospitals can expect:
•Lower procurement costs
•Faster turnaround times
•Reduced stock-outs and wastage
•Improved cash flow and vendor relationships
•Greater operational efficiency and accountability