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2025040313:22:12

Streamlining Pharmacy Procurement with MocDoc’s Enhanced Quotation Workflow 

Published by: Mohammed Siddiq

Efficient procurement is essential for cost control and inventory management in hospitals. To streamline this process, MocDoc’s Pharmacy Module offers a Quotation Workflow that ensures better financial oversight, particularly for high-value products. With the latest enhancement, we’ve introduced a flexible hybrid workflow that offers greater purchasing flexibility and control.

✅ Understanding the Quotation Workflow 

The Quotation Module in MocDoc acts as a contract between the hospital and its supplier. It defines the agreed-upon pricing for a specific set of products over a given period. When enabled, hospitals are required to create a quotation with the supplier before making any purchase for the listed products.

Previously, this workflow applied to all products, regardless of their value. Without a quotation, purchasing or generating a GRN (Goods Received Note) was restricted, making the process rigid and time-consuming.

✨ New Enhancement: Hybrid Quotation Workflow 

To make the workflow more flexible and practical, MocDoc has introduced a new flag in the Product Master called "Buy from Quotation". Here’s how it works:

  • For high-value products, hospitals can enable the "Buy from Quotation" flag. This ensures that these products can only be purchased from a supplier with whom the hospital has an existing quotation. This guarantees price consistency over the contract period, protecting against cost fluctuations.
  • For low-value products, the "Buy from Quotation" flag can be disabled. This allows hospitals to directly purchase these products from any supplier without requiring a quotation. This flexibility helps speed up procurement for low-cost items that do not require strict pricing agreements.
💡 Key Benefits of the Hybrid Quotation Workflow

  1. Enhanced Flexibility: Hospitals can apply quotation contracts only for high-value products, while maintaining the freedom to purchase low-value items directly.
  2. Better Cost Control: By securing quotations for expensive products, hospitals can lock in stable pricing, preventing financial variability over the contract period.
  3. Optimized Procurement Efficiency: Reduces unnecessary steps for low-cost items, allowing faster GRN creation and improved operational efficiency.
  4. Customizable Purchasing Rules: Hospitals can define their own criteria by enabling or disabling the quotation requirement for specific products.
📌 Use Cases in Real-World Scenarios

  • High-Value Medical Equipment & Specialty Drugs: For expensive items, such as specialized medical devices or costly medications, hospitals can secure long-term pricing agreements with suppliers through quotations.
  • Everyday Consumables & Low-Cost Medicines: For regular consumables or low-cost pharmaceuticals, hospitals can bypass the quotation process, allowing for faster and more flexible procurement.
🚀 Conclusion 

MocDoc’s enhanced Hybrid Quotation Workflow brings a practical and flexible procurement process to hospital pharmacies. By applying quotation contracts only where necessary, hospitals can maintain financial control over high-value items while streamlining the purchase of everyday products.

📊 Optimize your procurement process with MocDoc and experience smarter, more efficient inventory management.