Group Purchasing and Collaborations Solve Budget Woes
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We were glad to see this latest report by Tom Robinson of Today's Campus. Taking as a mantra, "Manage Spend, Rather Than Cut Cost," he examines ways to maximize purchasing power without cutting. About procurement he says "Not the old kind. The new kind. That’s procurement guided by strategic rather than tactical thinking. That’s procurement supported from the highest echelons and facilitated by technological advances." This article is a very useful resource and review, covering state laws, buying co-ops, pricing contracts, eliminating "exceptions," and shared services and other collaborations, finishing with: "Purposeful collaboration with business goals is now essential across every campus. And it will outlive the current economic crisis. It’s a 21st century reality." We think this is at least a "must-scan" item.
We were glad to see this latest report by Tom Robinson of Today's Campus. Taking as a mantra, "Manage Spend, Rather Than Cut Cost," he examines ways to maximize purchasing power without cutting. About procurement he says "Not the old kind. The new kind. That’s procurement guided by strategic rather than tactical thinking. That’s procurement supported from the highest echelons and facilitated by technological advances." This article is a very useful resource and review, covering state laws, buying co-ops, pricing contracts, eliminating "exceptions," and shared services and other collaborations, finishing with: "Purposeful collaboration with business goals is now essential across every campus. And it will outlive the current economic crisis. It’s a 21st century reality." We think this is at least a "must-scan" item.
Labels: collaboration, collaborative services, cooperative, procurement, purchasing, recession, resource and budget planning
posted by Terry Calhoun at
9:02 AM
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