Collaborative procurement the key for higher education sector: UK study

The UK’s higher education sector should aim to direct 30 per cent of its indirect spend through collaborative procurement, according to a UK report Efficiency and effectiveness in higher education.

The report states that the UK higher education sector must step up collaborative purchasing efforts to fully realise potential savings on offer.

The report’s recommendation follows the success of Advanced Procurement in Universities and Colleges (APUC) in Scotland which has delivered annual savings of £10 million in cashable and non-cashable benefits through collaborative purchasing.

Read more here.