90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee STRATEGIC VALUE OF PROCUREMENT – PART II How DO WE get there? The Sequel to: They.

Slides:

Advertisements

Similar presentations

1 Mid-Term Review of The Illinois Commitment Assessment of Achievements, Challenges, and Stakeholder Opinions Illinois Board of Higher Education April.

Advertisements

Professor Hai-Sui Yu, FREng Pro-Vice-Chancellor (International) Welcome Event for New Staff March 2013.

Essentials of Enrolment Management and Planned Organizational Change Presentation to the National Conference of the RCCFC November 3, 2006 Victoria J.

Division of Student Affairs and Enrollment Management Supporting Student Success and Retention.

Higher Education Conference. Engaging Faculty in Retention Issues Part II Presidential Summit on Retention The Need and Scope February 20, 2007 Dr. Richard.

FAMU Retention Cost-Benefit Board of Trustees Finance Committee May 5,

Enrollment Management and Student Affairs at Portland State University Enrollment Management and Student Affairs is a student-centered organization, dedicated.

College of Business Goals Academic Year Goal 1: Increase Awareness of Academic Programs and Centers Goal 2: Maintain AACSB Accreditation Goal.

91 st Annual Meeting & Exposition April 1 – 4, 2012 Anaheim, California More money for student services with this easy saving opportunity.

Five Guiding Themes Provide Civic Leadership through Partnerships --Lead as a civic partner, deepen our engagement as a critical community asset, demonstrate.

CEC Advisory Council October 25, 2013 Miami 2020 Plan: Moments that Transorm.

SEM Planning Model.

FY’13 Budget – Faculty/Staff Budget Forum April 11, 2012.

Strategic Purchasing at Penn Impacting the Institution's Bottom Line October 21, 2005 Presented by: Ralph Maier Director of Purchasing Services.

OAUG Northeastern Oracle Applications & Technology Symposium (OATS) Leveraging Technology for ROI Joint Presentation with Yale University & Rutgers University.

Tuition & Aid Advisory Board A Discussion of UCB Priorities and Funding Strategies September 27, 2004.

1 The FY 2006 Budget Request and Future Impacts Strategic Planning Study Session January 20, 2005.

Regents Update New Business Architecture Project 2010 Jan00 meeting notes.doc March 17, 2004 Accelerating the New Business Architecture An Update for the.

What is Strategy? (Part Two). Key Concepts Managerial Cognition Business Model Stakeholders The Balanced Scorecard.

1 Strategic Planning: An Update March 13, Outline What we have done so far? Where do we stand now? Next steps?

UC San Diego EH&S Staff Meeting Project 2010 Jan00 meeting notes.doc May 5, 2004 Update on the New Business Architecture EH&S Staff Meeting.

Impact on Economic Inclusion Ralph Maier Director of Purchasing Services October 4, 2005.

Leveraging eProcurement Technologies and Strategic Purchasing Initiatives to Produce Return on Investment (ROI) NAEB Annual Conference May 6, 2003.

University of California New Business Architecture Project 2010 Jan00 meeting notes.doc April 15, 2004 Accelerating the New Business Architecture UC Employment.

College Strategic Plan by Strategic Planning and Quality Assurance Committee.

Program Review: Beyond Compliance to Program Improvement Kathleen Gorski, Ed.D.

Division of Diversity, Equity and Inclusion (DEI) Strategy Map October /04/11 University Strategic Goals Ensuring Student Success (Access, Recruitment.

DRAFTFall ’08 / Spring ’09 Undergoing significant revision and expansion. Strategic Plan Draft October 1, 2008 Fall ’08/Spring ’09 Undergoing significant.

EProcurement at the University of Pennsylvania SciQuest “Find, Buy & Manage” Seminar Princeton, New Jersey October 23, 2003.

STRATEGIC PLANNING STATUS AND DIRECTION Report to the PPPC September 16, 2013 Michael Berman VP for Technology & Communication.

SUSTAINABILITY DEFINITION

Orlando, FL April 7 – 10, 2013 Document Lifecycle Strategies Delivering savings & efficiencies across your campus.

21 st Century Maricopa Review of Process Human Resources Projects Steering Team Meeting May 12, 2010.

ADVANCING PROCUREMENT THROUGH EFFECTIVE EMPLOYEE PERFORMANCE MANAGEMENT.

A View of Financial Literacy on Campuses Kelly Savoie and David Haygood Sallie Mae.

Deloitte Consulting SCOOPS Session September 2003.

Howard Cohen, Chancellor. Strategic Vision  Position Purdue University Calumet to be a full- service, high quality regional university  A resource for.

Sustainability and Total Cost of Ownership Strategies for Higher Education.

Background and Perspective Making the Business Case for Supplier Relationship Management 1 Annual Meeting April , 2013 Orlando, Florida.

BENCHMARKING An Essential Reporting Tool Presented By: Nancy Brooks 2008 NAEP Annual Meeting.

Linking Economic and Workforce Development: A Regional Sector Approach Bob Sheets Business and Industry Services Northern Illinois University September,

Higher Education and HR. Higher Education Tuition at public four-year colleges and universities has increased over 160% since 1990 Higher education workforce.

University of Rochester Board of Trustees Orientation Financial Overview and Issues October 15, 2008.

University Strategic Resource Planning Council Budget.

November, 2012 TEAM T ufts E ffectiveness in A dministrative M anagement.

Report to Professional Council June 4, 2009 By Carla Boone Planning Council: A New Way of Doing Business at COM.

Collaborative Venture to Drive Economic Development Wisconsin Manufacturing Extension Partnership.

89 th Annual Meeting & Exposition March 21 – 24, 2010 Denver, Colorado STRATEGIC VALUE OF PROCUREMENT – Part I They Told Us Where To Go! Presented by:NAEP.

Summary of the U.S. Task Force on United Way’s Economic Model & Growth.

From a galaxy far, far away... The Compact Process A View from 40,000 feet Laura Coffin Koch Associate Vice Provost University of Minnesota.

University System of Ohio. Strategic Plan for Higher Education The State of Ohio increase its educational attainment to compete in a global economy that.

December 2010 Board of Trustees Overview of the New Accreditation, Accountability, and Assessment Committee Structure.

Serving: What does the learner demand of us? Process: What processes do we need to master in order to serve our population? Development: What competencies.

Texas A&M University-Corpus Christi The TAMUCC Budget Where does the $ come from and how do we spend it?

The Strategic Plan for 2015 – 2020 Growing Alabama’s International University Approved by the Board of Trustees of Troy University July 11, 2015.

New Frameworks for Strategic Enrollment Management Planning

April 10–12, 2006 Hyatt Regency Atlanta Atlanta, GA NCMA World Congress 2006 : Achieving High Performance in Global Business: Leadership, Outsourcing,

Meeting of the Finance Committee New Internal Financial Model November 8, 2012.

Winter Symposium January 20, Why are we here today? To discuss ways that we can take control of our future and make the outcomes we desire more.

Ozarks Technical Community College International Programs and Services Office Loren M. Lundstrom.

Unifying Talent Management. Harnessing the Power of Workforce Intelligence in Talent Planning to Drive Business Performance.

NEW CHALLENGES: NEW METRICS Drexel University. Today’s Discussion The Continuing Need to Demonstrate Results in Our Academic Programs Eight Trends in.

Strategic Plan: Goals, Objectives & Success Measures Administrative Forum, South Campus June 17,

Strategic Enrollment Management Paul Marthers Vice Provost for Enrollment Management and Student Success SUNY System Jonathan Steele Co-principal GDA Integrated.

COLLEGE OF ENGINEERING GEORGIA TECH Academic Year

Successes and Opportunities

Making higher education a priority in the state of Washington

Financial and IT Services

Diversity & Inclusion at UCONN

to Sustainably Develop Nurse Leaders in Targeted Areas of Excellence

Presentation transcript:

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee STRATEGIC VALUE OF PROCUREMENT – PART II How DO WE get there? The Sequel to: They told us where to go! Presented by:Nancy Brooks, MPA, Iowa State University

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Overview Challenges in Higher Education o Current economic conditions State underfunding of many public institutions Endowment losses Federal research dollars threatened by federal deficits Drop in median income levels increasing need for student aid Giving to colleges and universities, first to go, last to return

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Overview Challenges in Higher Education o Fundamental Shifts in environment Brick & mortar competing with online delivery More emphasis on global involvement Public scrutiny on tuition increases and endowment spending Institutions are forced to keep up with technology demands (and costs) of their students

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Expectations of Procurement To meet these challenges senior administrators expect Procurement to dramatically drive down costs by: o Increasing the amount of spend under management o Reducing procurement processing time and costs o Deploying new procurement technology o Maintaining regulatory compliance o Enhancing customer service levels o Generating year-over-year efficiency gains

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Institutional Strategic Plans What is important to our institution? o Student recruitment & retention o Faculty & staff recruitment & retention o Excellence in research o Excellence in academic programs o Economic impact of community o Global perspective o Diversity o Sustainability

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Where do we fit into the Strategic Plan? Sound stewardship of resources

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Expectations of Procurement To meet these challenges senior administrators expect Procurement to dramatically drive down costs by: o Increasing the amount of spend under management o Reducing procurement processing time and costs o Deploying new procurement technology o Maintaining regulatory compliance o Enhancing customer service levels o Generating year-over-year efficiency gains

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Reposition Procurement Develop Strategic Partners on Campus Buy Solutions Reinvent Supplier Relationships Aware & alert to institutional risks Measure performance

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Develop Strategic Partners Student Recruitment & Retention o Admissions o Student Affairs o Student Financial Aid o Student Health Center o Student Health Insurance o Residence & Dining o Study Abroad Programs

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement - Part II Develop Strategic Partners Research o Resource for suppliers & new technology o Utilize technology o Customer Service/Communication o Compliance COI Human & Animal Subjects

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Develop Strategic Partners Academic Programs o Guest lecture in Business College o Internships for students

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Develop Strategic Partners Faculty & Staff Recruitment & Retention o Competitive compensation package o Improve facilities & support for research o Utilize technology (user-friendly) o Create solutions not processes

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Develop Strategic Partners Globalization o Support Study Abroad Programs Contracting in foreign countries P-card support o Global Procurement

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Reinvent Supplier Relationships Positioning o How strategic are you to your supplier? o How strategic is your supplier to you? o What is happening within the industry?

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Reinvent Supplier Relationships Build Trust o Mutual Commitment o Fairness o Implement Contract Administration Process o Relationship Management

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Reinvent Supplier Relationships Collaborate to find new solutions or opportunities to further institutional goals o Internships o Sponsorships o Research o Sustainability

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Practical Approaches Summary Become a strategic partner with campus Create beneficial/strategic supplier relationships Minimize administrative burden through technology Implement best practices in procurement Provide value in non-traditional ways – expand your utility/value

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Measure Outcomes Cost Savings Increased Revenue Efficiencies o Cost of process $1 spend o Return on Investment (ROI) Amount of Spend Under Management Economic Impact on Community/State Satisfaction

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Report Performance Metrics Significant Impact Project Involvement E-procurement Efficiencies (from campus perspective) Professional Development of Staff Campus & Committee Involvement

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II Summary Understand your institution’s strategic plan Align goals Support research & academic programs Innovate Reinvent relationships Establish strategic partners on campus Measure Report your successes

90 th Annual Meeting & Exposition April 3 – 6, 2011 Memphis, Tennessee Strategic Value of Procurement – Part II HOW DO WE GET THERE? THANK YOU Questions?