In the fall of 2014, Procurement and Supplier Diversity Services, in partnership with Organizational Excellence, began a Strategic Sourcing initiative. The aim of the initiative was to deliver increased savings and better service to those who buy at UVA.Nearly three years in, the results have been impressive: $2.8 million in contract savings in FY ’17 alone (including office supplies, inbound freight, catering, promotional products and Virginia Higher Education Procurement Collaborative savings such as Grainger, Enterprise and Fisher).
An additional $2.5 million has been saved in FY ’17 on department specific contracts, bringing the grand total to $5.3 million in FY ‘17. That’s no small change!
It’s the everyday support of those who buy at the University that makes these contracts work. Thank you for making the choice to buy on contract!
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