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  "documentTitle": "Bain Achieving operational Excellence at University of California Berkeley",
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  "notes": "The slide uses a stacked bar chart to visualize the composition of procurement spend and identifies the gap between current managed spend and total addressable spend.",
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      "kind": "callout",
      "text": "Negotiate best-price agreements",
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      "kind": "list",
      "text": "Bring more expenditure under management by negotiating contracts to cover more product categories and ensuring high contract utilization. Ensure that managed expenditure is getting the best pricing from vendors by leveraging system or university-wide buying power.",
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      "text": "Definitions: Total procurement expenditure: Total goods & services procured as part of operating expenditures (OPEX) in FY2008-09. Addressable expenditure: Total, less expenditure on categories for which procurement does not typically negotiate contracts (e.g., utilities, conferences). Currently \"managed\" expenditure: Expenditure managed under UCOP/campus contracts plus expenditure covered by UCB department-level negotiations.",
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      "text": "Source: UC Berkeley purchasing database pulled from BFS A/P Table",
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      "text": "Of $410M procurement operating expenditure, $35-175M is \"managed\"",
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