Released on = March 4, 2007, 8:11 pm

Press Release Author = BvW Global

Industry = Healthcare

Press Release Summary = The Intelligent Classifier will bring that capability to
your supply chain by standardising the coding of your product description catalogues
using Worldwide accepted numbering schemes, known as UNSPSC and GPC.

Press Release Body = Sydney - NSW, March 5, 2007 - BvW Outsourcing
(www.BvWGlobal/Outsourcing), a division of BvW Global (www.BvWGlobal.com), will
assist your company in taking care of your non-core competencies. The Intelligent
Classifier (IC) is one of the services BvW Outsourcing provides to the health
industry trading partners that wish to normalise and standardise their product
catalogues to achieve more efficient communication and order-to-payment cycle
between buyers and sellers.

"We have targeted the health industry for several reasons. The first being our
understanding of the inherent inefficiencies in the health supply chain beginning
with sourcing product requirements, establishing systems to capture information for
product management via catalogues, moving the information electronically via
optimised business processes - from sourcing to payment - while delivering products
to hospital wards. The existing inefficiencies cost millions of dollars each day
and ultimately impact patient care and tax payers money" according to Christophe
Barriere-Varju, MD of BvW Global.

While the existing [sourcing-to-payment] cycle currently works, it offers tremendous
room for improvement. One of the many issues that can immediately be addressed and
implemented is that some suppliers and health jurisdictions have not yet embraced a
worldwide-accepted coding structure for their products. There are two worldwide
standards that have emerged: UNSPSC (United Nations Standard Products and Services
Code) and GPC (Global Product Classification), both are supported by the Intelligent
Classifier. The health industry should be 100% compliant with those standards.

The problem is simple states Barriere-Varju, "suppliers have catalogues of products
they provide to the market. Those products are coded in-house, or they simply use
manufacturer codes."

The customers, on the other hand, may buy the same type of products but from
different suppliers, and end up with two different product codes to manage.
Customers may even develop their own coding structure using non-logical complex
scripts.

The cost of not-implementing a standardised product coding structure is far more
reaching than it seems. This has numerous implications to the 'health' of the health
supply chain:

o Complexity in developing reactive and non-logical scripts that links two product
codes into ERP systems;
o Inability to optimise the supplier base and standardise product categories across
multiple hospitals requirements for volume pricing;
o Communication break down in the ordering process between buyers and sellers (the
seller may call a product ABC1234, while the buyer may call it 4321XYZ);
o Difficulty in establishing a delivery network across geographically located
hospitals that will minimise transportation costs;
o Inventory management is negatively impacted, as there is no common language
between disparate inventory management systems. Real-time inventory management
between buyers and sellers is difficult, if not impossible to achieve, therefore
stock levels are not optimised based on demand and quantity discounts - costing huge
dollars in inventory stocks and non-optimised individual product pricing;
o Because of a lack of universal product coding structure, electronic business
processes are interrupted by manual transactions, leading to delays, audit
capabilities, and causing bottlenecks in the end-to-end ordering-to-payment
processes;
o Expense management is cumbersome to analyse as categories do not follow a logical
and defined product structure - leading to non-optimised contracts between buyers
and sellers;
o Difficulty for the financial departments within health jurisdictions to forecast
and effectively manage individual budget allocations due to the lack of expense
visibility - leading to budget overruns;
o Suppliers cannot optimise their internal operations, as they have no interactive
forecast visibility to rely on, the result is higher product pricing due to last
minute ordering and cost of delivery.

"One of the reason that a worldwide accepted product structure has not been more
widely implemented was the time consuming and internal cost for companies to code
products and services. With the Intelligent Classifier and the artificial
intelligence back end, its takes us on average 1hr to process 1,000 records. Both
suppliers and health jurisdictions will benefit from using the same product coding
structure" states Barriere-Varju.

The acceptance of UNSPSC and/or GPC intelligent coding structures will allow your
organisation's supply chain to be much more efficient - and enable costs to be
removed from the health supply chain.

Receiving a complete re-classification of your products catalogue couldn't be easier
to implement. All that companies have to do is provide their generic product
description catalogues, and BvW Outsourcing will return them classified in the
standard of your choice (UNSPSC and/or GPC).

"While it is easy to overlook our individual duties to other industries, the health
industry impacts every one of us. It is our duty to make a decent effort to take
cost out of the health supply chain and re-allocate it to patient care and research
and development - that will ultimately benefit all of us and our families at some
point or another. Turning a blind eye, is turning a blind eye to the people closest
to you." states Barriere-Varju.

For more information on UNSPSC, GPC, and the Intelligent Classifier, please contact
us at info@bvwglobal.com.



.::END::.

Web Site = http://www.bvwglobal.com

Contact Details = Note to editors: For additional media content please contact
Christophe Barriere-Varju
Managing Director - BvW Global Pty Ltd
+61 (0) 403 444 101
info@bvwglobal.com