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Australia’s University Procurement Hub

Greater aggregated spend means higher savings for Australian universities.

Overview

The University Procurement Hub (UPH) provides a platform that revolutionises how universities across Australia can source goods and services to meet their unique requirementsdelivering direct savings to support the continuing excellence that’s the trademark of Australian higher education.

Background

Australia’s higher education system undertakes ground-breaking research and delivers world-class education across a diverse range of independent and self-governing universities. But in today’s economic climate with intense competition for funding and pressure on resources, all Australia’s universities share a common need to operate as cost effectively as possible so they can reinvest the gains they make in continuing to drive excellence in everything that they do. A new approach to procurement will have a significant impact on the financial health of Australian universities.

Key Findings

UPH is a new way of delivering core procurement services through aggregation across universities with the flexibility for universities to select additional services to meet specific requirements as they evolve.

Analysis

Critically, more aggregated spend drives higher savings for all participating universities, who will benefit from improved process efficiency, spend visibility, effective spend analysis from richer data and marketing intelligence to drive continuous improvement.

Recommendations

The University Procurement Hub provides a platform that transforms how universities across Australia can source and buy everything they need to meet their unique requirements—delivering direct savings to support the continuing excellence that is the hallmark of Australian higher education, today and tomorrow.