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Higher Ed Financial Procurement Meaning During Changing Times in Education
...a different approach. While some of these processes may already be in place, an aggressive approach to spend management is required in today’s environment. Strategic Spend Analysis Strategic spending analysis...
Using Procurement Categories to Boost Higher Education Financial Strength
...entire institution. Rather than focusing on short-term savings, boosting financial stability requires sustainable cost optimization and process improvements over time. Best practices include: Comprehensive spend analysis: Conduct a thorough analysis...
Higher Education Financial and Procurement Management Strategies in a Changing World
...college or university, here are five tactics to improve financial and procurement management. 1. Procurement Financial Analysis Data can be your best friend when you are looking for additional savings...
Supplier Spotlight: Avantor, delivered by VWR
...icons representing Small Business Enterprise (SBE) and/or Minority/Women Business Enterprises (M/WBE). Podcast: Supplier Diversity & Holistic Value Creation How does supplier diversity impact a community both socially and financially? Deep...
How Cooperative Purchasing Organizations Can Support a Better Business Model for Small Colleges
How Cooperative Purchasing Organizations Can Support a Better Business Model for Small Colleges October 29, 2024 “If you think about who needs a cooperative the most, it’s a small college...
6 Myths of Reverse Auctions
...non-price qualifications. Reverse auctions bring a laser focus to procurement. They’re web-based sourcing events where vendors compete for your business by dropping their price each time they bid. If you...
The Advantages of Group Purchasing: Maximizing Value and Efficiency
...This comparative analysis allows you to make sure you are receiving competitive rates and favorable conditions. Market Analytics Market analysis can help you get the most out of your contracts....
The Ultimate Guide to Financial Services Procurement for Higher Education Institutions
...E&I, you also gain an advantage by utilizing the combined expertise of education procurement professionals and category experts. The Role of Spend Analysis in Procurement Spend analysis in procurement can...
How Does E&I’s Staples Contract Help Streamline Campus Purchasing?
...to stretch your budget further. Efficient Ordering, Fast Fulfillment, and Reliable Support Staples Contract and Commercial is the business-to-business arm of the company. Its business is built around speed, convenience,...
The University of Washington Expands Diverse Purchasing Opportunities through Staples
...– a certified Minority Business Enterprise and Small Disadvantaged Business. The Obstacles The biggest challenge UW faced was promoting utilization of Guy Brown and Staples across its campus, for example,...