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STRATEGIC SOURCING SUMMARY
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STRATEGIC SOURCING SUMMARY
PROJECT SCOPE & DETAILS Beginning in December 2016, the UW Procurement team has been working with Huron to obtain cost savings for three commodity categories through a full-cycle strategic sourcing process. The sourcing initiatives have covered the following categories: Scientific Supplies Office Related Products Desktops and Laptops
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STRATEGIC SOURCING PROCESS
By working collaboratively with Huron, the UW Procurement team along with committees comprised of campus members have engaged in the below strategic sourcing methodology for each of the categories. Current state process mapping, benchmarking exercises, and sourcing execution facilitation have been conducted to generate cost savings through competitive establishment of preferred supplier contracts and through demand management activities across the University. The Scientific Supplies Strategic Sourcing RFP has also included an assessment of UW’s scientific supplies purchase, delivery, and tracking processes.
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STRATEGIC SOURCING PROCESS TO-DATE STATUS & ESTIMATED SAVINGS
Together, the UW Procurement and Huron team were able to achieve ~$1M in savings for year 1 and ~$2.7M in savings over 3 years. As preferred supplier relationships are confidential until contract finalization, awarded suppliers cannot be announced at this time
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