June 9 2003
Download
1 / 8

OAUG Northeastern Oracle Applications Technology Symposium OATS Leveraging Technology for ROI Joint Presentation wit - PowerPoint PPT Presentation


  • 115 Views
  • Uploaded on

OAUG Northeastern Oracle Applications & Technology Symposium (OATS) Leveraging Technology for ROI Joint Presentation with Yale University & Rutgers University. June 9, 2003. Presentation Agenda. Purchasing Objectives New Challenges Measuring Progress Key Accomplishments

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'OAUG Northeastern Oracle Applications Technology Symposium OATS Leveraging Technology for ROI Joint Presentation wit' - inara


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
June 9 2003 l.jpg

OAUG Northeastern Oracle Applications & Technology Symposium (OATS)Leveraging Technology for ROIJoint Presentation with Yale University & Rutgers University

June 9, 2003


Presentation agenda l.jpg
Presentation Agenda Symposium (OATS)

  • Purchasing Objectives

  • New Challenges

  • Measuring Progress

  • Key Accomplishments

  • Performance Metrics

  • Conclusion


Purchasing objectives l.jpg
Purchasing Objectives Symposium (OATS)

  • Make purchasing easy - increase compliance and utilization byreducing time & effort related to purchasing activities

  • Focus on core competencies -enable purchasing staff to focus on contracting, supplier relationship management, sourcing, and cost saving opportunities

  • Leverage technology - implement technology to reduce cycle time, eliminate manual effort, reduce cost and promote change management


New challenges l.jpg
New Challenges Symposium (OATS)

  • Shift focus of purchasing staff to value added core competencies

  • Develop and enhance relationships with internal customers, external suppliers and senior management

  • Engage customers in development of purchasing strategies and initiatives

  • Identify and implement emerging purchasing technologies & business strategies


Measuring progress l.jpg
Measuring Progress Symposium (OATS)

  • Campus wide adopting of iProcurement as primary purchasing tool

  • Purchasing staff has embraced new vision and technologies

  • Dramatic decrease in order creation effort and cycle time

  • Customer & senior management satisfaction is at an all-time high

  • Strategic suppliers are realizing significant increase in business


Key accomplishments l.jpg
Key Accomplishments Symposium (OATS)

  • 92% of all purchase orders created, approved, and electronically transmitted to suppliers in less than one hour

  • 54% of purchase orders issued to the 31 Penn marketplace suppliers (25,000+ in supplier database)

  • 45% of invoices received via EDI

  • $65.5 Million in documented hard dollar product & service cost savings

  • 68% reduction in maverick buying

  • Purchase activity for 224 deactivated supplier shifted to Marketplace suppliers


Performance metrics l.jpg
Performance Metrics Symposium (OATS)

  • Spend Management -measure utilization of approved buying tools, contract suppliers & reduction in maverick buying

  • Process Efficiencies -calculate impact of change to business processes & elimination of paper/manual processing

  • Cost Savings -leverage Penn’s buying power to reduce cost

  • Compliance -measure compliance with approved policies and procedures


Conclusion l.jpg
Conclusion Symposium (OATS)

  • At Penn, ROI has been realized by the….

    • campus wide adoption of eProcurement tools

    • increased customer satisfaction with redesigned business processes

    • reallocation of central resources to value added activities

    • results of strategic purchasing and cost savings initiatives


ad