BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

By Industry | By Industry Segment | By Services and Suppliers | By Location | By Hotbed | Profile Search
 Company Profile
..
 

IntraMalls 

120 Cockeysville Road, Suite 204

Hunt Valley  Maryland  21030  U.S.A.
Phone: 888-644-6255 or 410-584-1039
Fax:


SEARCH JOBS
IntraMalls LLC, a Hunt Valley, Maryland-based firm, is a niche player in the growth industry of Procurement Services Providers (“PSPs”). The Aberdeen Group, a leading research and consulting firm estimates that PSP revenues will grow from $4.8 billion in 2001 to $9.7 billion in 2005, representing a 19.3% compound annual growth rate (CAGR). PSPs offer outsourced procurement services to multiple clients using a common infrastructure. The industry is rapidly segmenting along functional and market lines. IntraMalls LLC is leveraging its deep domain knowledge, customer relationships and large supplier database, to target the $100 billion Life Sciences marketplace.

The IntraMalls difference is defined by our niche focus, depth of functionality and role as a Procurement Services Provider("PSP"). The list of IntraMall services includes hosting and maintenance of supplier catalogs, online shopping and transaction processing, automated purchase order/funds reconciliation, ad-hoc reporting and toll-free customer support.

Customers outsource these procurement functions due to traditionally poor internal controls, a lack of domain expertise, staffing constraints and in the interest of saving money. According to Aberdeen, firms that use PSPs save an average of 10% to 25% on direct materials and $40 to $80 dollars in overhead costs to process each reconciled purchase order. Aberdeen research also validates that hosted procurement solutions can be deployed 60% faster and at 40% lower cost than in-house solutions.

IntraMall's first customer was the National Institutes of Health ("NIH"), accounting for an estimated $2.0 billion (8 percent) of the U.S. market. The NIH is the single largest research and scientific supply buyer in the world. The NIH saved millions of dollars since the IntraMall began servicing their operations in August 1997. We are now offering these PSP services to corporations, universities, hospitals and government agencies purchasing life science products in fulfillment of their organizational mission. What can we do for you?

Last Updated: 07-08-03


 Key Statistics


Email: info@intramalls.com
Ownership: Private

Web Site: IntraMalls
Employees:
Symbol: 
 



Industry
Services






 Company News
Currently No News Articles

//-->