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

  • Phoenix High School Completes First Phase of Campus Renovations

    Metro Tech High School, part of the Phoenix Union High School District (PXU) in Phoenix, Ariz., recently announced the completion of the first stage of a campus renovation project, according to a news release. The school reopened a series of public-facing business operations spaces including credit union, daycare, floral, cosmetology, and culinary services. It also includes new CTE learning spaces for the school’s nursing assistant, pharmacy, and sports medicine programs.

  • Auburn University Debuts $224M STEM + Agricultural Sciences Complex

    Auburn University in Auburn, Ala., recently opened its new $224-million STEM + Agricultural Sciences Complex, the largest research construction project in the university’s history, according to university news. The facility measures more than 265,000 square feet and brings six departments from the College of Agriculture and College of Sciences and Mathematics together under one roof.

  • Charles R. Drew University Opens Health Professions Education Building

    Charles R. Drew University of Medicine and Science (CDU) has officially opened its new Health Professions Education Building (HPEB) in South Los Angeles.

  • Nashville Elementary School Receives LEED Gold Certification

    Goodlettsville Elementary School, part of Metro Nashville Public Schools in Nashville, Tenn., recently achieved LEED Gold Certification from the U.S. Green Building Council (USGBC), according to a news release. The 81,750-square-foot school opened in 2023 and was designed by Goodwyn Mills Cawood (GMC).