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Source: Rice Purchasing Policies Quick, easy, internet-based access to vendors who have negotiated agreements with Rice University Maximizes the total.

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Presentation on theme: "Source: Rice Purchasing Policies Quick, easy, internet-based access to vendors who have negotiated agreements with Rice University Maximizes the total."— Presentation transcript:

1 Source: Rice Purchasing Policies Quick, easy, internet-based access to vendors who have negotiated agreements with Rice University Maximizes the total value of the Rice-supplier relationship. Targets high-transaction users, traditionally. Allows further development of the relationship with suppliers to benefit the Rice University consumers. Introduction to eProcurement

2 Source: Rice Purchasing Policies Why Use eProcurement at Rice? Traditional ProcurementStrategic Procurement Supplier Integration Leveraged Supplier Strategy (Rice Deals) ‘The Chasm’ Paper-Based Processes Automated Processes (Internet) Reduction in process costs Req  Approval  PO Lower Cost of Goods Aggregate actionable data Reduction of “maverick spend” Increase in end-user adoption (More people shopping better deals for Rice) Opportunity to direct end- users to preferred suppliers Ability to capture uniform, detailed spend data

3 SERVICES Supplier connectivity Extensive product taxonomy Centralized eCatalogs Price/content management Transaction integrity Transaction tracking TRANSACTION DATA Purchase Order Advanced Ship Notification Invoicing Receipt notification Contract data Payment data Internet buying at the user’s desktop. Catalog-style concept to access preloaded vendor deals. Configurable to organization needs for oversight. Automates the buying experience. How Does eProcurement Work?

4 Sciquest HigherMarkets Suppliers Banner Systems

5 Steering Committee (Stakeholders) Vendors & Rice Tech. Staff Requirements (Specification) Configured System Project Team and Approach Focus Groups

6 Athletics Biochemistry and Cell Biology ChemistryController’s Office Facilities and Engineering Fondren Library Graduate School of Management Housing and Dining Information Technology School of Engineering Resource Development Procurement Finance Sciquest/Sungard Consultants Administrative Systems Steering Committee

7 David SaylerJim SmolenCarlos GarciaTessie Skulski Jane HealeyJanet ThompsonSean BurnettFrank Rodriquez Yemeen Rahman Charlita Marrs Bart SinclairWayne RobinsonBrian Soika Kathy Collins Sciquest/Sungard Consultants Randy Castiglioni

8 Pilot Rollout 2009 Fall 2008 Configure & Test Now TimeLine


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