Nigerian e-health startup Field Intelligence has helped the Nigerian government save $2m in losses in 5 years
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Field Intelligence, a Nigerian e-health startup that is digitizing the supply chain and transforming access to essential, life-saving medicine, claims to have saved the Nigerian government US$2 million in losses due to expired medication over the last five years.
Field Intelligence, founded in 2015, is the leading pharmaceutical supply chain provider in Nigeria and Kenya, with the goal of reshaping the pharma value chain by transforming the supply chain that underpins it into a strategic tool for access and growth.
The startup collaborates with African governments to deliver and scale healthcare programs, while also catering to Africa’s small private pharmacies with data-driven technology that aids inventory management and product access.
Field, which announced earlier this year its expansion into 11 new cities across Nigeria and Kenya as it passed the 1.4 million patient mark, recently compiled data from the last five years of its Field Supply, a health logistics management platform. According to the findings, the platform enabled the Nigerian government to optimize its supply chains, averting US$2 million in losses that would have otherwise been attributed to expiry.
Furthermore, the Nigerian government has used Field’s platform to deliver over 220 million pharmaceutical interventions and 1.94 billion units, significantly improving overall healthcare in the country and the availability of life-saving medicines.
Since the Field Supply software was installed in over 35,000 institutions across the country, it has been responsible for a 52% reduction in the frequency of stockouts for antimalarial drugs at point of care and a 57% reduction in the frequency of stockouts for modern contraception.
“Wastage is such a critical issue in healthcare systems, where every unit of stock is so valuable, and supply chains are frequently both sprawling and opaque.” It’s one of the most pressing issues we’re addressing through our technology and pharmacy services. Expiries are to be expected with large, irregular inventory purchases and poor visibility into how the stock is moving – if they are tracked at all. “Our goal is to literally eliminate waste,” said Field’s CTO, Justin Lorenzon.