Founded in 1809, Miami University based in Oxford, Ohio, is the 10th oldest public university in the United States. Boasting a diverse curriculum that includes the opportunity for graduate and undergraduate students to collaborate with faculty on significant scholarship and research activities, the institution successfully attracts a multicultural and international student body of 16,000. It was rated third among the nation's top universities for its commitment to undergraduate teaching in the 2013 edition of the U.S. News & World Report Best Colleges ranking.
In the midst of the economic downturn, Miami University took decisive action and implemented strategic sourcing to identify ways to close a looming budget gap and avert tuition hikes and staff cuts.
This major process improvement initiative transformed the university’s procurement system by putting it on firmer financial footing while improving customer service. The initiative also served as a leading best practice for others in the higher education community in search of sustained savings to shape higher education for the future.