SOURCING
Direct from the Source How Premier subsidiary S2S is working to create greater diversity in sourcing products for hospitals and health systems, along with long-term resiliency.
A lot has changed in the U.S. healthcare supply chain in the last decade –
In the early days, the objectives were
especially in the last couple of years – as hospitals and health systems pivoted from
around sourcing quality products, and initially
just-in-time delivery and cost conscious buying habits to alternate sourcing and
just exam gloves, at the best cost possible.
pandemic needs.
“While this is still the core of our mission, we’ve expanded to match the evolving needs of the healthcare supply chain – today and “COVID-19 has undoubtedly
for tomorrow,” said Bain. “S2S now has a
highlighted issues with the globalization,
broad-portfolio market presence, is consid-
overreliance and fragility of our supply
ered an innovative and disruptive strategic
chains,” said Colin Bain, president of
partner and has doubled down on our
direct sourcing for Premier, Inc.
commitment to build long-term resiliency.
For ten years, S2S Global, a direct
Colin Bain
10
This is critical as our members today are
sourcing wholly owned subsidiary of
looking for us to aid them in evolving the
Premier, has been identifying new
supply chain away from an isolated, trans-
and untapped manufacturers around
actional purchasing activity and toward a
the world – working directly with them to
strategic enterprise-wide function.”
produce high-quality products, including those in short supply.
In the following interview, Bain discussed the changes to successfully
June 2022 | The Journal of Healthcare Contracting
