How much has the University saved through
Procurement's strategic sourcing and other cost savings initiatives??

Procurement measures the dollars saved, using a variety of metrics to establish baseline costs.  A list of strategic sourcing initiatives is available on Procurement's website under Super Savings Opportunities.

The graphs below depict a summary of the cost savings for fiscal years 2015 through 2017 year to date, followed by 2014 & 2015.  As additional savings opportunities arise, Procurement's goal is to produce a measurable $2.5 million in annual savings.

Cost Savings FY 2015 through FY 2017:

Cost Savings FY 2014 and 2015:

Should you have ideas on how the University can further leverage it's spend by consolidating commodities with our suppliers, please contact Ken Doherty or any member of our Buying Team.