Category ArchivePeto News

UK government framework success

Peto has won a place on the UK government’s G-Cloud 9 framework, extending its offering throughout the NHS and other public services alongside some of the world’s leading businesses.

The framework, which covers cloud hosting, software and support services, became active from May 22 and has the potential to drive the company’s growth in health care procurement.

Peto Chairman Robert Osborne said: ‘Based on our successful work at Barts NHS Trust we are currently targeting other acute trusts, and this framework success will support these efforts. As we refine our approach in future we may also choose to evolve into new sectors, and our place on the G-Cloud 9 will be invaluable in enabling this.’

Analyst recruitment boosts procurement savings

Peto has launched a new analyst team to offer enhanced financial savings in NHS procurement. The company’s first Data Analyst joined the business in January 2017 and the company will build its analysis function in line with growth during the next three years.

Working with Peto’s buyers and external software developers, analysts will use computerised tools and business models to study past NHS trust purchasing behaviours, interpret customer needs and translate them into savings on a broad range of medical commodities. The team will also provide an interface with Peto’s proprietary, cloud-based Procurement Analysis Database (PAnDa) to maximise potential savings via Peto’s next generation of serviced software.

Peto chairman, Robert Osborne, believes that adding depth in analysis is a vital step forward. He said: ‘Our procurement team has already delivered important savings to a major NHS trust by identifying and negotiating potential cost reductions on off catalogue items. Better analysis of the data will allow us to source substitute suppliers and alternative products to provide trusts with a more efficient market. Formalising our data analysis capabilities will immediately increase our potential savings ahead of even more big data benefits in future.’