AI DRP-FMS
AI DRP-FMS: AI Risk Procurement Forecasting Model System
AI-driven procurement forecasting for a more efficient healthcare supply chain.
01 · Overview
Revolutionizing Healthcare Supply Chain Management with AI-Driven Procurement Forecasting (AI DRP-FMS)
In 2020, the world faced an unprecedented challenge with the COVID-19 pandemic, thrusting global health into a severe crisis. This led to a dramatic surge in the demand for medical and health supplies, intensifying the challenges in global health and hygiene. To meet these rapidly evolving market demands, medical supply companies needed to take production management and logistics to a whole new level.
Medical and health supplies, known for their limited shelf life and the need for dry storage, pose an increasing risk of damage and spoilage over time. This results in significant procurement waste and further loss of already scarce medical resources.
02 · AI DRP-FMS
AI DRP-FMS: Developing the AI Risk Procurement Forecasting Model System
Working closely with a leading listed Taiwanese medical and hygiene products company, Playsure harnesses the power of big data analytics. We analyze past sales, inventory data, and customer attributes, categorizing and refining this information to extract key indicators. Our cloud-based AI algorithm technology equips enterprise clients with a smarter, more efficient AI-driven ordering system, complete with in-depth analysis and reporting.
AI DRP-FMS can compare a client's inventory levels with industry peers, assess how much shortage risk it can bear, and provide strategic recommendations. This enables our clients to make more precise procurement decisions regarding quantity, frequency, and expenditure, while also assessing the impact of supply shortages on production and operational efficiency.
03 · PLTPP
PLTPP: Planned Long-Term Procurement Program
Through our Planned Long-Term Procurement Program (PLTPP), clients gain access to more favorable pricing via long-term purchasing agreements. This system not only enhances production flexibility and efficiency but also aids healthcare suppliers in planning their raw material procurement based on order visibility and futures pricing, thus effectively controlling costs and maintaining efficient production schedules.
Moreover, the AI system's advance order forecasts and inventory management help optimize production scheduling and improve order visibility. By using futures contracts to anticipate raw material prices, our client can adopt the most advantageous purchasing strategies and offer more competitive quotes, gaining a significant edge in the market.
04 · AI-OOD
AI-OOD: The Smart Demand-Driven Distribution System
Our AI-OOD (Order On Demand) system, developed to complement this approach, optimally balances warehouse costs and logistics efficiency. It effectively reduces storage and administrative costs for our clients, implements intelligent analysis and dynamic optimization of inventory safety levels, and significantly reduces the risk of product damage and expiration, while freeing up working capital and improving operational efficiency.
This makes procurement more than a transaction and makes production scheduling and sales more automated and user-friendly, fully embodying smart, efficient technology services.
05 · RAD
RAD: The Dynamic Regional Authorization Dealership System
Our RAD (Regional Authorization Dealership) system enables regional authorized dealers to offer the most competitive pricing to consumers, maximizing profits.
RAD provides real-time monitoring of online transactions and data analysis tailored to varying client needs, offering clear insights into transaction details and implications. It then delivers optimized trading strategies and analysis reports and automatically generates the most favorable quotes. This system opens new avenues in the procurement and distribution of healthcare and medical supplies, offering opportunities for client dealership and agency sales.
06 · ESG
AI DRP-FMS and RAD: Innovation in Practicing ESG Principles
From an environmental perspective, AI DRP-FMS not only improves resource efficiency by optimizing the use of raw materials and reducing overproduction but also minimizes environmental impact by reducing unnecessary logistics and carbon emissions.
The RAD system ensures supply chain transparency and upholds ethical standards. Our client is also committed to building long-term relationships with suppliers to achieve shared social responsibility goals.
07 · Mission of Innovation
Playsure's Mission of Innovation
As a technology company with advanced expertise, Playsure is dedicated to driving innovation in the production and logistics management of healthcare supplies. Our core mission is to empower our clients with these smart solutions, enabling them to excel in a highly competitive market and achieve outstanding supply chain efficiency.
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