University of California Procurement Program Among Finalists for World Procurement Award 

LOS ANGELES – For the second year in a row, the University of California’s (UC) system-wide P200 Procurement Program was selected as a finalist at the 11th annual World Procurement Awards, which are widely regarded as the most prestigious award in the field.

JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) solution suite, partnered with UC to create a procurement service that has transformed the university purchasing process. Utilizing JAGGAER’s P2P, sourcing, and spend analytics solutions, P200 was able to surpass the $200 million in annual savings goal by $69 million at the end of the 2015-2016 fiscal year, and plans to exceed $300 million by the end of 2016-2017.

The University of California is comprised of 10 campuses, and is the second largest employer in California, with over 238,000 students and 190,000 employees and faculty members. The UC system manages over $7.8 billion in spend annually across its campuses. In 2012, the UC System created the P200 Challenge, a bold program designed to help the UC System save $200 million annually by the end of this fiscal year.

Although UC did not take home the award, being included as a finalist once again is a huge accomplishment. “We are honored that the P200 program has been acknowledged two years in a row as one of the best procurement programs in the world. Over the past two years, this program has been getting increased attention on an international stage, indicative of our evolution into a ‘best practices,’ strategic procurement organization,” says Associate Vice President and Chief Procurement Officer William Cooper.

About JAGGAER: Global Indirect and Direct Spend Management Solutions
JAGGAER’s solutions suites are trusted by the world's largest higher education, manufacturing, pharmaceutical, life sciences, automotive, engineering, construction equipment, serial production and medical technology companies. Our indirect and direct spend solutions suites collectively form a global network processing billions of dollars in annual spend between 900+ customers and 2.5 million suppliers. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from spend analysis to sourcing, through contract and supplier relationship management.

Featured

  • Greenheck Receives Sourcewell Cooperative Contract

    Air movement, control, conditioning, and distribution equipment solutions provider Greenheck recently announced that it has been awarded a Sourcewell cooperative purchasing contract, according to a news release. The HVAC Systems contract will allow Greenheck the opportunity to expand opportunities in government procurement and other public agencies in North America.

  • Minnesota District Completes Major Renovations, Expansions to High School

    White Bear Lake Area Schools in White Bear Lake, Minn., recently announced that it has completed the renovation and expansion of White Bear Lake Area High School, according to a news release. The school’s final addition, a new 845-seat Performing Arts Center, was finished in November.

  • All Surfaces Hires New Commercial Business Development Specification Manager

    Flooring solutions provider All Surfaces recently announced that it has hired industry veteran Mechelle Bliss as its new Commercial Business Development Specification Manager, according to a news release. In her new role, she’ll be responsible for expanding the organization’s hold in various commercial markets, as well as strengthening relationships with existing clients.

  • UTEP Celebrates Construction Milestone for New Academic Building

    The University of Texas at El Paso in El Paso, Texas, recently held a “topping out” ceremony for its new learning complex, Texas Western Hall, according to university news. The construction milestone marks the placement of the last beam of a structure in progress.