Achieving Strategic Procurement. University of Hawaii System Discussion and Demonstration May 22, 2008. Introductions. University of Hawaii Attendees SciQuest Attendees Mark Garvella - Account Executive Dan Traub - Lead Solutions Engineer John Fabris - Vice President of Higher Education.
University of Hawaii System
Discussion and Demonstration
May 22, 2008
University of Hawaii Attendees
Capture more transactions
Control your spend
SciQuest is the global leader in helping academic and research-centric organizations realize the potential of strategic procurement.
Our specialized knowledge, on-demand software and service-first approach empower organizations to manage spend, drive ROI and advance their critical missions.
What we do:
How we do it:
Lower Cost of Goods
Aggregate actionable data
Complete and integrate the SearchPO process
Create a single online managed marketplace
Enable a critical mass of suppliers & contentThe Evolution of Strategic Procurement
Increase in end-user adoption
(More spend under management)
Opportunity to direct end-users to preferred suppliers
Ability to capture uniform, detailed spend data
SciQuest Procurement Hub
* This is a partial list. The full list is available upon request.
“We expect to achieve as much as $17.9 million annually at full system maturation. What other “back-office” function at a university can create such a financial impact?”
-- Bill Cooper, AVP Management Services and Chief Procurement Officer
"We have been able to leverage our buying power with more suppliers. We process about $180 million a year in purchases, ranging from pencils to natural gas to health insurance. SciQuest\'s HigherMarkets solution allows us to monitor purchases more closely, reduce maverick buying, and also monitor contract compliance. Ultimately, it allows us to manage our money better."
Bruce Cherrin, Director of Purchasing, University of New Mexico
“SciQuest\'s solutions have allowed our institution to build strong relationships with our key suppliers, increasing our spend visibility and positively impacting our bottom line.”
Jerry Fuller, Assistant VP for Procurement, UTHSC
“Spend Director is a breakthrough solution that will take purchasing at The University of Pennsylvania to the next level. We expect Spend Director to further streamline the buying experience for faculty and staff and increase the utilization of our targeted suppliers resulting in measurable cost savings.”
Ralph Maier, Chief Procurement Officer, University of Pennsylvania
* From Aberdeen’s Best Practices in e-Procurement, 2006
Outbound Sync: Suppliers, Chart of Accounts, Ship To, Commodity