OGC: Procurement Efficiency & Value for Money Measurement
Efficiency Programme - Measurement Guidance
The methodologies for the calculation of procurement efficiency improvements have been categorised to reflect procurement professional's experience of where gains can be made. There are a number of typical procurement scenarios in which value for money savings or efficiency gains might be made:
- continuing purchase of commodity goods either separately or jointly;
- new or repeat contract for goods or services that have been previously procured either separately or jointly;
- one-off contracts for new goods and services;
- on-going contracts, agreed before the beginning of the Spending Review period, and which continue throughout the Spending Review period, that are renegotiated.
The University is implementing an eMarketplace to support our value for money strategy, improve the value on the products we purchase and ensure our academic staff continue to have access to high quality products for the benefit of our students. ProcServe’s eMarketplace, Zanzibar, will help us achieve these goals. We look forward to improving our purchasing processes and gaining greater control over the whole procurement process by being part of the ProcServe Trading Network.
Martin James, Director of Finance, University of the Arts London
