How Loyola University of Chicago Partners with Suppliers to Control Indirect Spend and Deliver Corporate Services

How Loyola University of Chicago Partners with Suppliers to Control Indirect Spend and Deliver Corporate Services

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The procurement and strategic sourcing process can differ industry to industry. In some industries such as higher education, procurement can also have responsibility for operational management.  Case in point, at Loyola University Chicago, the procurement function is responsible for purchasing, printing services, mailroom operation, shipping, receiving and delivery and other business services.  This presentation will highlight key “lessons learned” from Loyola on their experiences in working with suppliers to provide those services. This session will also share best practices in controlling indirect spend and helping procurement implement operational services and solve business problems. Learn how the procurement function in a leading university uses suppliers to run operations, reduce costs and improve services.

Topics in this session included:

  • How to uncover and put to use vendor value
  • How procurement can work directly with suppliers to improve operations such as corporate services
  • How to leverage supplier resources to help procurement control indirect cost
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