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  "documentTitle": "Syracuse University Diagnostic Report",
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      "text": "Syracuse could likely achieve 7-10% savings on its procurement spend by pursuing the following levers (based on a limited review of invoice/transaction data and Bain experience).",
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      "text": "Syracuse could likely achieve 7-10% savings on its procurement spend by pursuing the following levers (based on a limited review of invoice/transaction data and Bain experience): Consolidate orders for like products to reduce administrative burden, better ensure consistent pricing, and save on shipping. Better manage vendors by encouraging use of preferred vendors, negotiating new agreements non-contract vendors, and re-negotiating agreements when appropriate based on consolidated purchasing volumes. Better manage demand through policies that standardize products (e.g., printers and copiers, office supplies) or limit extraneous spend (e.g., travel guidelines/policies). Syracuse should invest in longer-term enablers of savings, particularly enhanced IT systems and streamlined purchasing and policy development processes",
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      "text": "Syracuse spends ~$280M on goods and services per year; the top categories of spend are construction, facilities maintenance, IT, and travel. There is substantial opportunity for savings given: Inadequate purchasing policies, guidelines, and policy communication mechanisms. A high level of vendor fragmentation which limits negotiating power and exposure to preferred pricing. A high level of order fragmentation which increases administrative burden and costs and potentially increases shipping costs. Key enablers of procurement savings could also be improved: Central Purchasing has limited ability to control the source of supply, a primary lever of savings at peer schools. The eProcurement system must connect to more vendors and could be further streamlined. There is no visibility into item-level spend data (e.g., the specific items purchased and the volumes and prices they are purchased at) which makes budget tracking, effective vendor negotiation, and analysis of potential savings difficult",
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      "text": "Procurement savings: 7-10%",
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