Eprocurement saved us thousand dollars |
CDW Government Inc. (CDW-G), a source of information technology (IT) solutions to governments and educators, and SciQuest Inc., a provider of on-demand supplier management and procurement automation solutions, today announced a partnership to offer CDW-G e-Procurement, powered by SciQuest, to colleges and universities around the country.
CDW-G e-Procurement connects institutions to multiple approved-vendor contracts through a single shopping cart function. By eliminating traditional, paper-based procurement processes and implementing a comprehensive, integrated supply chain function, the companies said that higher education institutions gain greater control and visibility over on-contract spending.
In addition, access to the SciQuest Supplier Network (SQSN) offers an aggregation of supplier catalog content. By improving supplier relationships and sourcing strategies, institutions can maintain maximum sustainable cost saving by reducing the purchase approval process from weeks to days.
“Today, colleges and universities face mounting financial pressures as costs rise and budgets shrink,” said Julie Smith, director of higher education, CDW-G. “To continue providing a quality educational experience, institutions of higher learning need to move from a tactical to strategic purchasing structure, with an increased focus on spend management, long-term goals and strategic contracts. CDW-G e-Procurement creates a one-stop shop for higher education technology purchases by automating the entire procurement process and saving institutions money.”
Bruce Cherrin, director, procurement service, at the University of New Mexico in Albuquerque, commented, “Life before e-procurement was a slow, paper-based system, with maverick spending. We knew that e-procurement was the future of higher education purchasing. CDW-G and SciQuest created a single access point to contracted suppliers to ensure that the university promotes and uses negotiated contracts. Now we have a centralized marketplace where staff accesses university-approved suppliers. E-Procurement has saved us thousands of dollars.”
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Tags: - approved_vendor, B2B, B2B, B2C, B2C, e_procurement, integrated_supply_chain, procurement_automation, procurement_processes, procurement_service, purchase_approvalRelated entries
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