In an era of constrained budgets, higher education procurement leaders are seeking sustainable cost savings through more strategic approaches to sourcing goods and services. At the same time, technological innovations offer new opportunities to improve operating efficiencies—further reducing administrative costs while improving vendor and customer satisfaction.
But the transition to more strategic, technology-enhanced procurement units has been difficult. Most units have historically been staffed and organized to support transactional activities, like processing requisitions and invoices. Accordingly, they are not staffed to perform more strategic tasks, like spend analytics and competitive contract negotiation and management.
This resource is part of The Essential Guide to Cost Containment Strategies for Higher Education. Access this guide for 500+ critical tactics for immediate and long-term cost savings.
This toolkit is designed to help procurement leaders execute on strategic goals in four focus areas:
This resource requires EAB partnership access to view.
Access the tool
Learn how you can get access to this resource as well as hands-on support from our experts through Strategic Advisory Services.
Learn More