25 February 2015 Matt Sisson, Projects and Membership Manager
The Higher Education sector has saved £153million through procurement efficiencies during 2013-14, according to the results of the latest Efficiency Measurement Model (EMM) survey, undertaken in the Autumn of last year. NWUPC, which coordinated the model, has summarised the results in an article on its website. It finds that the improvement in procurement has been achieved through “arranging lower prices, improving the quality of the goods and services procured, and improving or streamlining processes to deliver savings.”
The EMM exercise was designed to evidence improvements in spend efficiency in HE, and to measure the sector’s progress against the challenges laid out by the first Diamond Review. Sir Ian Diamond’s final report on efficiency in the sector is due to be published shortly. Key findings of the exercise include: