Strategic Spend Assessment: Drive Your Strategy with Our Analytics Service
Now more than ever, schools and universities are being asked to do more with less. With goods and services making up the bulk of addressable spend at most institutions, this area represents significant opportunities for real and tangible cost savings.
To help you capture these cost savings, E&I has developed a consultative service that helps members rationalize and streamline sourcing and spend activities.
Our Strategic Spend Assessment is a structured process in which we review and analyze your spend data to identify opportunities to reduce costs, bring more institutional purchasing under contract, and maximize spend control and efficiencies. An E&I SSA comprises the following components:
E&I Supplier Reported Contract Spend
Contract Portfolio Alignments
Consolidation Potential
Contract Spend Variance
Strategic Roadmap Alignment Opportunities
To conduct an SSA with E&I, all you need to do is provide 12 months of your supplier-level spend data. We take care of the rest!