SupplyLogic : Driving Procurement Innovation at UMass
Phil Schoonmaker , CEO , SupplyLogic discusses why to leverage partner services and how these services are helping UMass to modernize their procurement function
There are two sides of marketing – the go to market strategy and the execution of that strategy . The business critical execution management is where SupplyLogic comes in . Phil Schoonmaker , CEO , SupplyLogic explains that it is vital for organizations to look to a provider such as SupplyLogic for its services . “ The only way to truly optimize marketing execution is to partner with an expert like SupplyLogic . Given the events of the last couple of years especially , more and more companies are coming to this realization . Organizations are frustrated by supply chain disruptions , disorganized data , inadequate technology , and most recently a dramatic reduction of internal staff to manage these categories ,” says Schoonmaker .
Working With the University of Massachusetts “ Anytime an organization changes the way that it manages an important aspect of their business , one of the biggest challenges is the transition from the status quo to the new model . We are working with David Cho , Chief Procurement Officer at UMass and the stakeholders across the university system on implementing a phased approach so that this new model , while innovative , is not disruptive . As a company , we are dedicated to a client-first approach and continually seek and incorporate feedback , in this case from all the campuses , to ensure we are exceeding expectations ,” explains Schoonmaker .
SupplyLogic began its partnership with the university in early 2021 and at the most fundamental level is helping the university manage one centralized procurement strategy , rather than individual procurement silos . This includes an optimized and right-sized supplier panel ; previously UMass worked with over 400 suppliers , which made it very difficult to aggregate spend to get the best pricing . The new panel includes a mutually agreed-upon set of suppliers with priority on MA-based businesses , diversity , and sustainability . Additional aspects of the solution include onsite client services , program management and state of the art technology to automate previously manual tasks and workflows .
SupplyLogic ’ s managed services enable organizations to do more , with less , by providing an innovative , data-driven , transparent , and truly optimized solution . This ‘ do more , with less ’ mindset and capability helps partners like UMass achieve their goals quickly with less budget , time and risk .
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