October 26, 2021 – Premier, Inc. (Charlotte, NC) and Resilinc (Milpitas, CA), a supply chain monitoring, mapping and resiliency solution, announced a new collaboration with the aim of driving greater supply chain transparency, risk mitigation and business continuity for U.S. healthcare providers.
The Resilinc and Premier initiative expands Premier’s supply chain mapping footprint to encompass more than 1,300 suppliers and 15,000 sites.
Leveraging Resilinc’s Multi-Tier Mapping service will give Premier visibility down to the site, product and ingredient/part levels for its top supplier partners, allowing for greater transparency into potential vulnerabilities to help ensure continuity of supply – a vital capability alongside our nation’s still-limited knowledge on the manufacturing locations and production volume for American drugs and medical products.
Premier will also utilize Resilinc’s RiskShield, which provides comprehensive supplier risk scores based on geographic diversity, recovery time, quality, Environmental, Social and Governance (ESG) and sustainability practices, and other key criteria.
In addition to enhanced supply chain mapping and supplier risk assessments, Premier will leverage EventWatchAI, Resilinc’s 24/7 monitoring service. EventWatchAI uses artificial intelligence and natural language processing technology to monitor for over 50 types of potentially disruptive events across millions of news, social media and government agency feeds in 189 countries and 100 languages.
Premier has partnered with Resilinc since 2018, during which time they have collaborated on multiple projects intended to increase the maturity of global healthcare supply chains. Key projects include The Exchange, a cloud-based platform for hospitals to interact with vetted peer organizations to identify, locate and exchange critical medical items, and the Healthcare Transparency Initiative, a first-of-its-kind collaboration focused exclusively on improving transparency and reducing disruptions in the healthcare supply chain.