Healthcare Magazine November 2017 | Page 131

USA only long-term market spend , but administration and faculties related spend , as well as product order spend throughout its operations .
“ We used these assessments , developed a strategic sourcing framework , then issued the RFP and determined who our best partners were ,” explains Leslie . “ This has weeded out a lot of vendors , and allowed us to consolidate where possible . Where we were purchasing office supplies from four or five suppliers ; now we ’ re able to use one supplier and push
that down to the campus level .” “ Cost efficiency gives us the assurance that we can continue to invest in the latest technologies ,” adds Reed . “ The use of bestin-class procurement practices gives us the confidence that we will be able to invest in a sustained manner , rather than stop and go . In a sustained manner , we invest in the best that technology has to offer .”
Streamlining inventory Noting that every campus had previously utilized different suppliers ,
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