Case Studies Over a decade of value for the team at the University of Pittsburgh

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	Over a decade of value for the team at the University of Pittsburgh

Over a decade of value for the team at the University of Pittsburgh

Technology Category	Analytics & Modeling - Predictive Analytics Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries	Education
Applicable Functions	Business Operation Procurement
Services	Data Science Services System Integration
Challenge	In the early 2000s, the Strategic Sourcing team at the University of Pittsburgh faced significant challenges with their homegrown, spreadsheet-based spend categorization tool. The system was inefficient, time-consuming, and heavily reliant on suppliers responding to information requests. This made it difficult to accurately categorize supplier spend and manage data effectively. The team struggled with accessing and reporting on their metrics, which hindered their ability to make informed decisions and achieve their goals. The need for a more dynamic, efficient, and user-friendly solution became increasingly apparent as the team sought to improve their productivity and reporting efficiency. Read More
About Customer	The University of Pittsburgh, a prestigious educational institution, has a dedicated Strategic Sourcing team responsible for managing supplier spend and procurement processes. The team, led by Michelle Smith, Director of Strategic Sourcing, and supported by Lauren Leonard, Sourcing Analyst, and Maureen Beal, Associate Vice Chancellor for Financial Operations, focuses on optimizing supplier relationships, increasing revenue opportunities, and creating savings for the university. With a significant annual supplier spend of $800 million and over 16,000 suppliers, the team requires robust tools and solutions to manage their operations effectively. The university's commitment to efficiency, accountability, and accuracy drives their continuous search for innovative solutions to enhance their procurement processes. Read More
Solution	The University of Pittsburgh's Strategic Sourcing team adopted the Rosslyn Platform, specifically its Spend Analytics and Procurement Analytics Solution, to address their challenges. The platform provided immediate benefits by offering a centralized, holistic view of all supplier data, enabling the team to access and report on metrics quickly and efficiently. The Rosslyn Platform's dynamic and user-friendly interface allowed the team to categorize spend accurately, identify efficiencies, and increase productivity. The platform's powerful analytics capabilities enabled the team to prioritize projects, conduct supplier diversification analysis, and handle supplier normalization. Additionally, the platform facilitated the identification of suppliers with and without contracts and allowed for the definition of custom dimensions. The adoption of Rosslyn's solution transformed the team's procurement processes, making it easier to meet key metrics and deliver real value to the university. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Predictive Analytics

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Industries

Education

Applicable Functions

Business Operation

Procurement

Services

Data Science Services

System Integration

Challenge

In the early 2000s, the Strategic Sourcing team at the University of Pittsburgh faced significant challenges with their homegrown, spreadsheet-based spend categorization tool. The system was inefficient, time-consuming, and heavily reliant on suppliers responding to information requests. This made it difficult to accurately categorize supplier spend and manage data effectively. The team struggled with accessing and reporting on their metrics, which hindered their ability to make informed decisions and achieve their goals. The need for a more dynamic, efficient, and user-friendly solution became increasingly apparent as the team sought to improve their productivity and reporting efficiency.

About Customer

The University of Pittsburgh, a prestigious educational institution, has a dedicated Strategic Sourcing team responsible for managing supplier spend and procurement processes. The team, led by Michelle Smith, Director of Strategic Sourcing, and supported by Lauren Leonard, Sourcing Analyst, and Maureen Beal, Associate Vice Chancellor for Financial Operations, focuses on optimizing supplier relationships, increasing revenue opportunities, and creating savings for the university. With a significant annual supplier spend of $800 million and over 16,000 suppliers, the team requires robust tools and solutions to manage their operations effectively. The university's commitment to efficiency, accountability, and accuracy drives their continuous search for innovative solutions to enhance their procurement processes.

Solution

The University of Pittsburgh's Strategic Sourcing team adopted the Rosslyn Platform, specifically its Spend Analytics and Procurement Analytics Solution, to address their challenges. The platform provided immediate benefits by offering a centralized, holistic view of all supplier data, enabling the team to access and report on metrics quickly and efficiently. The Rosslyn Platform's dynamic and user-friendly interface allowed the team to categorize spend accurately, identify efficiencies, and increase productivity. The platform's powerful analytics capabilities enabled the team to prioritize projects, conduct supplier diversification analysis, and handle supplier normalization. Additionally, the platform facilitated the identification of suppliers with and without contracts and allowed for the definition of custom dimensions. The adoption of Rosslyn's solution transformed the team's procurement processes, making it easier to meet key metrics and deliver real value to the university.

Impact #1	The Rosslyn Platform enabled the Strategic Sourcing team to achieve a 95% categorization of all data, ensuring the majority of spend was correctly categorized, reviewed, and maintained.
Impact #2	The platform facilitated a significant reduction in the number of suppliers, from over 16,000 to a planned reduction of 7,000, streamlining supplier management.
Impact #3	The team could now prioritize upcoming projects, identify suppliers, and conduct supplier diversification analysis more effectively.

Impact #1

The Rosslyn Platform enabled the Strategic Sourcing team to achieve a 95% categorization of all data, ensuring the majority of spend was correctly categorized, reviewed, and maintained.

Impact #2

The platform facilitated a significant reduction in the number of suppliers, from over 16,000 to a planned reduction of 7,000, streamlining supplier management.

Impact #3

The team could now prioritize upcoming projects, identify suppliers, and conduct supplier diversification analysis more effectively.

Benefit #1	The university managed $800 million of supplier spend using the Rosslyn Platform.
Benefit #2	The number of suppliers was reduced from over 16,000 to a planned reduction of 7,000.

Benefit #1

The university managed $800 million of supplier spend using the Rosslyn Platform.

Benefit #2

The number of suppliers was reduced from over 16,000 to a planned reduction of 7,000.

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Overview

Over a decade of value for the team at the University of Pittsburgh

Operational Impact

Quantitative Benefit