Specifications include, but are not limited to: UAF is requesting a professional services firm to support: 1) Spend Analysis Assessment, 2) Category Specific Business Cases, 3) Implementing Cost Reduction Opportunities, and 4) Validating Cost Savings. By accomplishing these objectives, the UAF expects to achieve the following goals (at a minimum) through the selected firm: 1. Obtain consulting services to conduct and report on non-salary campus spend review including current state of procurement processes and overall strategy at departmental levels. 2. Perform a diagnostic review of UAF spend data. 3. Identify strategies and develop opportunities to reduce spend and fragmented purchases across identified spend categories. 4. Align to create and enhance purchasing strategies consistent with procurement best practice and policies that correspond with institutional goals. 5. Develop a strong roadmap that includes negotiation strategies with strategic long-term contracts and repeatable processes leveraging Workday capabilities to facilitate cost containment and proper balance of process, best practice and compliance with State of Arkansas statutes. 6. Provide resources to assist in leading and executing strategies that result in the monetization of opportunities identified.
