Procurement Modernization

Vision

Improve the way UMD purchases its goods and services by providing stakeholders effective processes and tools throughout the procurement process.

The goals for Procurement Modernization are:

Reduce administrative burden
Increase savings and cost avoidance
Achieve the best collective value
Transition to a strategic focus
Improve visibility and communications
Meet data and reporting needs

Current Activity

Phase 1 is focused on processes and tools for routinely purchased commodity goods and services. Average annual spending on such items is between $100-$150M. Online shopping cart tools will be implemented around improved processes. Tools will improve efficiency and data collection, in turn improving contract negotiation ability. Please visit blog.umd.edu/umdprocures and join in the conversation to help guide Procurement Modernization.

Planned Activities

Commence planning for Phase 2, which will include process improvement on large-scale procurements and contract management tools.

Staff Involvement

50-100

Team

AMP + QUEST program + Huron Consulting Group + ESM Solutions