MediMart – B2B Marketplace Platform
MediMart – B2B Marketplace Platform
About Client
Industry
Healthcare
Location
USA
Industry
Healthcare
Location
USA
Project Overview
MediMart is a digital healthcare marketplace designed exclusively for pharmacies to streamline the buying and selling of medicines and medical equipment. Unlike a SaaS-based solution, MediMart functions as a B2B marketplace platform, similar to the Amazon seller–buyer model but tailored specifically for pharmacy businesses.
The platform enables pharmacies to list their available stock, discover products from other pharmacies, and conduct secure, direct transactions within a trusted ecosystem. This allows small, mid-sized, and large pharmacy chains to expand their reach, reduce procurement delays, and ensure uninterrupted availability of both medicines and medical equipment.
With built-in features such as secure payment processing, inventory visibility, vendor ratings, and order tracking, MediMart creates a transparent and efficient environment for pharmacies to collaborate and trade. By digitizing inter-pharmacy commerce, the platform eliminates manual negotiations and reduces dependency on traditional wholesale channels – making it easier for pharmacies to source essential medical products when they need them.
In addition to these capabilities, MediMart emphasizes compliance and security through verified sellers, encrypted transactions, and strict adherence to healthcare regulatory checks. An integrated analytics dashboard further empowers pharmacies to monitor purchases, sales, and vendor performance in real time, while logistics integration with courier partners ensures seamless inter-city and inter-branch deliveries.
In short, MediMart empowers pharmacies with a reliable, transparent, and scalable marketplace that improves supply chain resilience, ensures better availability of medicines and equipment, and strengthens the overall healthcare ecosystem.
Traditional Process
Before MediMart, pharmacies followed traditional methods for sourcing and trading medicines and medical equipment:
01
Manual Procurement
Pharmacies relied on wholesalers or distributors, placing orders through phone calls, emails, or in-person visits.
02
Limited Inventory Visibility
Tracking stock levels and availability was done manually, often using spreadsheets or physical records, leading to potential shortages.
03
Fragmented Vendor Communication
Pharmacists contacted multiple suppliers individually to compare prices and confirm orders, making the process time-consuming.
04
Unstructured Payment and Settlement
Payments were handled offline or through multiple channels, lacking transparency and delaying settlements.
05
High Operational Effort
Order management, price negotiations, and follow-ups consumed significant time and resources, reducing efficiency and increasing dependency on middlemen.
Challenges Faced
Before MediMart, pharmacies faced several challenges with the traditional procurement and trade process:
01
Inefficient Procurement Process
Manual ordering through wholesalers and distributors was time-consuming and prone to delays.
02
Limited Stock Visibility
Without real-time inventory tracking, pharmacies often struggled with shortages or overstocking of medicines and equipment.
03
Fragmented Communication
Coordinating with multiple vendors individually increased the chances of miscommunication and errors.
04
Delayed Payments and Settlements
Offline or scattered payment methods caused delays and reduced transparency in transactions.
05
High Operational Workload
Staff spent significant time on manual order verification, price comparisons, follow-ups, and record-keeping.
06
Supply Chain Vulnerabilities
Dependency on traditional channels and intermediaries made the supply chain less resilient, especially for urgent or high-demand items.
These challenges highlighted the need for a centralized, digital, and secure B2B marketplace to streamline procurement, improve transparency, and reduce operational inefficiencies for pharmacies.
Our Solutions - MediMart | Digital Healthcare Marketplace
To address the challenges faced by pharmacies in traditional procurement and trading, we enhanced MediMart to create a secure, efficient, and transparent B2B marketplace for medicines and medical equipment. The key highlights of the solution include:
01
Centralized Marketplace Platform
Pharmacies can list available stock, discover products from other pharmacies, and conduct secure transactions within a trusted ecosystem.
02
Real-Time Inventory Visibility
Improved stock tracking and product availability features allow pharmacies to monitor their inventory and reduce shortages or overstocking.
03
Optimized Vendor Interaction
Streamlined communication tools enable pharmacies to connect with verified sellers efficiently, reducing delays and miscommunication.
04
Secure Payment Processing
Integrated encrypted payment systems ensure safe and transparent financial transactions between buyers and sellers.
05
Order Tracking and Logistics Integration
Pharmacies can track orders in real time, with logistics partners integrated for seamless inter-city and inter-branch deliveries.
06
Vendor Ratings and Reviews
Ratings and feedback allow pharmacies to evaluate suppliers and make informed decisions when sourcing medicines or equipment.
07
Compliance and Security Enhancements
Verified sellers, regulatory adherence, and data protection measures ensure a fully compliant and secure platform.
08
Analytics Dashboard
Integrated reporting tools provide insights into purchases, sales trends, and vendor performance to support data-driven decisions.
09
Performance Optimization
App and web performance improvements ensure smooth navigation, faster transactions, and better overall user experience.
Outcome
Features
Secure Payment Processing
Inventory Management & Visibility
Vendor Ratings & Verification
Order Tracking System
Compliance & Security
Analytics Dashboard
Logistics & Shipping Facilities
Technology Stack
Backend
- Python
- Fast API
Database
- PostgreSQL
Email/SMS Notification
- AWS
- SNS
Background Processing Library
- Celery
Load Balancer
- Elastic Load Balancer
Background Processing Worker
- AWS SQS
Frontend
- React.js
Cloud Provider
- AWS
Storage
- AWS S3
Orchestration
- AWS EKS (EC2 Launch Type)
- Kubernetes
Web Firewall
- AWS WAF
