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Strategic Sourcing Dashboard Reporting Period: January 2010 through September 2011
 

Summary: Strategic Sourcing Dashboard
Reporting Period: January 2010 through September 2011
Program Summary
We have accomplished over $10.5 million in annual savings through our Strategic Sourcing efforts. This has been over several commodities, and is
summarized in the chart below. Strategic Sourcing continues to have a significant emphasis for Purchasing Services, but savings are getting more
difficult to find as the program matures.
Significant Accomplishments/Activities/Risks for this Reporting Period
We have renegotiated our airline agreement with Delta, and have added the discount program to users that go directly to delta.com to reserve
tickets. The new agreement will save us an additional $83,000 on annual basis.
Significant Tasks/Deliverables For Next Reporting Period
There are two significant long term projects that we will be working on over the next few months. The first is to look at e-procurement alternatives to
the current UStores and UMart models. The second is to look at overall print costs at the University and begin to analyze cost savings alternatives.
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,500

  

Source: Amin, S. Massoud - Department of Electrical and Computer Engineering, University of Minnesota

 

Collections: Power Transmission, Distribution and Plants