The Strategic Sourcing team has been working on the implementation of two new strategic contracts:
- Inbound Freight, which directs select vendors to use the University’s negotiated shipping rates and is expected to save 35% in shipping costs annually, and
- Promotional Products, which aggregates spending with a single vendor – the University Bookstore – and is expected to save 5% annually in a very low-margin business while also supporting University initiatives through an internal service provider.
The UVA Spend Dashboard has been posted on the PSDS website. The Dashboard provides users the opportunity to view their spending behaviors in a visual way while gaining insights into how PSDS can be a partner in gaining savings. For the Dashboard Collab group featuring instructions and helpful tips, click here.
Terry Tigner from the Department of Electrical and Computer Engineering was December’s MVP – “Most Valuable Purchaser” – for supporting the strategic Office Supply contract with Supply Room!
PSDS and Finance Outreach and Compliance are partnering to develop marketing and online training materials for the travel management program.