Strategic Sourcing consolidates and leverages UVA's purchasing power to deliver greater customer satisfaction and cost savings.
This initiative focuses on the top commodities like supplies, equipment, and services. It will create more efficient and effective procurement processes, electronic reporting, and monitoring of expenditures.
OUTCOMES
Strategic Sourcing will deliver better pricing and service by implementing:
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Cost avoidance and cost savings strategies
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More efficient procurement processes
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Automated and standardized procurement activities to reduce workload
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Reduced administration of licenses
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Electronic invoicing
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Monitoring and tracking capability via vendor scorecards and department dashboards
TIMELINE
(Coming soon - dynamic data link for Procurement Spend and Analysis)
Catering aggregator: Completed August 2014. Realized savings for FY16: $68,370 + efficiency savings
Office supplies: Completed August 2014. Realized savings for FY16: $1,177,699
Gift cards: Completed July 2015. Realized savings for FY16: $585 + efficiency savings
Inbound freight: Completed July 2015. Realized savings for FY16: $148,475
Promotional products: Completed September 2015. Realized savings for FY16: $20,013
Travel & Expense: Travel launched January 2015, Expense to be launched early 2017
Housekeeping supplies: Request for Proposal (RFP) issued with award(s) planned for FY2017 Q1
Office furniture: Request for Proposal (RFP) issued with award planned for FY2017 Q1
Computer hardware & peripherals: Collaborative procurement managed by the Virginia Higher Education Procurement Cooperative (VHEPC). Analysis includes usage, pricing, and forecast data. Resulting data informs future procurement priorities.
Research & development commodities: Includes research and development (R&D) products, laboratory supplies, and equipment maintenance. Data analysis informs future procurement priorities.
PROJECT LEADERSHIP
John McHugh - Assistant Director of Procurement Services