Labviva Expands Global Supplier Network with “Smart Suppliers of the Future” Program

Labviva, a leading AI-powered source-to-pay provider for life sciences, has launched its Smart Suppliers of the Future program to accelerate digital transformation in life sciences procurement. The initiative enables suppliers to digitalize their offerings and expand their reach through Labviva's supplier network. The move expands Labviva’s marketplace to over 15 million products from 18,000 manufacturers, representing 90 percent of life sciences suppliers across the U.S. and Europe.

Labviva’s network-driven approach, linking suppliers of all sizes through AI insights and real-time pricing, positions it as a leading “Amazon-style” marketplace for scientific materials. Its AI-driven insights allow no-touch forecasting, automated inventory replenishment and seamless regulatory compliance. The aim of the platform is a frictionless supply chain that accelerates scientific discovery and source-to-pay processes.

Posted by MedCloudInsider Editors on 10/27/2025