UNIVERSITY OF MASSACHUSETTS
a cost reduction standpoint ,” he says . “ We ' re capturing this low hanging fruit , but once we realise those recurring savings , we need to continue to optimise and extract costs and inefficiencies out of the system so that it ' s something that we can confidently harvest year over year . We may not necessarily maintain that growth trajectory annually , but I am confident that it ' s something that we ' re going to be able to benefit from on an ongoing basis .”
Procurement with Purpose Beyond the mechanics of cost-saving , Cho and his team are driven by their contributions towards the UMass mission of providing affordable and accessible world-class education . This is procurement with purpose . “ That ’ s why I think many of the leaders who joined us , particularly from the non-higher-education verticals , are so excited about this , because the mission really resonates ,” Cho explains .
102 January 2022