Case Study: PatchRx simplifies hardware supply chain management with Cofactr

PatchRx scales from 15 to 60 employees with Cofactr

PatchRx, a high-growth healthcare technology startup focused on improving medication adherence, faced significant supply chain challenges while scaling its operations. The company's lean team relied on an ad-hoc procurement process that was unable to keep up with rapid demand, a problem exacerbated by global supply chain disarray following the COVID-19 pandemic. To support its innovative smart pill bottle cap, PatchRx turned to the vendor Cofactr for a holistic supply chain solution.

By implementing Cofactr's platform, PatchRx streamlined its entire hardware procurement process, gaining access to multiple distributors through a single dashboard for sourcing, inventory storage, kitting, and shipping. The solution provided real-time data on availability and pricing, which eliminated human error and reduced planning errors. As a result, PatchRx scaled its team from 15 to 60 employees without needing to hire additional supply chain staff, freeing up resources to focus on improving patient health outcomes while ensuring they never missed a production deadline.

PatchRx