University identifies £1.8m of non-pay savings through Procurement Opportunity Assessment

University identifies £1.8m of non-pay savings through Procurement Opportunity Assessment

University identifies £1.8m of non-pay savings through Procurement Opportunity Assessment

 

Client

 

Procura’s client is a university renowned for its research, postgraduate studies and continuing education in public and global health. They have an annual research income of more than £124 million and are one of the highest-rated research institutions in the UK.

 

Approach

 

Procura put together a structured approach of Spend Analysis and Opportunity Assessment.

  • Complete transparency of non-pay spend
  • Data into Procura ProIntell Spend Analytics Platform
  • Interviews with stakeholders
  • Detailed assessment category-by-category

 

Results

 

The project identified benefits and made recommendations for:

  • £1.8m of savings from 14 procurement initiatives
  • Improvements to Procurement processes and approach including contract management, sourcing calendar and ongoing spend analysis
  • Travel & Expenses Management project

 

Email us: info@procuraconsulting.com

Call us: +44 (0)203 693 7275

Subscribe below for regular Insights

* indicates required

Please select all the ways you would like to hear from Procura Consulting:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.