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  "documentTitle": "Bain Achieving operational Excellence at University of California Berkeley",
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      "text": "~$25-40M of full potential savings identified*",
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      "text": "*Includes some savings overlap between opportunity areas; 60-80% of identified savings typically achieved. ** $410M spent on procurement is for operating expenditures only (excludes capital expenditures); $35M is under system/campus-wide contracts and additional ~$140M is under department negotiated contracts",
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      "text": "UC Berkeley spends ~$410M on procurement, of which $35-175M is under negotiated contracts. Spending is fragmented across 18,000+ vendors. Individuals are optimizing locally. Lack of standards for commonly purchased goods. Two-thirds of central procurement organization is not focused on strategic sourcing.",
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      "text": "Negotiate University-wide, best-priced, strategic vendor contracts. Increase categories covered by contracts. Drive contract utilization. Standardize and manage demand. Complete on-time implementation of e-procurement. Restructure procurement organization.",
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      "text": "Opportunity summary: Procurement",
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