SciQuest (NASDAQ: SQI), a leading provider of on-demand strategic procurement and supplier management solutions, congratulates long-time customer University of California, San Diego, on being recognized by Supply & Demand Chain Executive. Ted Johnson, chief procurement officer at the University, has been named the publication’s Practitioner Pro of the Year. Johnson is being recognized for his efforts to streamline UC San Diego’s purchasing and procurement processes.
Supply & Demand Chain Executive, the executive's user manual for successful supply and demand chain transformation, also named Jason Liner, healthcare market director and manager of Supplier Strategies & Solutions at SciQuest, as a Supply & Demand Chain Executive 2012 “Pro to Know.” The publication’s “Pros to Know” is an exclusive listing of individuals who are leading initiatives to help prepare their companies' supply chains for the significant challenges ahead.
The introduction of an eProcurement platform powered by SciQuest enabled Johnson and his team to create the first purchasing consortium of its kind in higher education. UC San Diego spearheaded an initiative among multiple universities to use SciQuest as a common purchasing platform across several campuses. In addition, Johnson was able to gain greater visibility into spending and increase overall efficiency at UC San Diego. For example, the amount of time to process orders was reduced significantly – 94 percent of all purchase orders are now finalized within one business day.
“Establishing the new multi-college purchasing consortium was a team effort that involved the entire purchasing department and the support of the University of California’s Office of the President,” Johnson said. “Working with SciQuest, we have been able to implement a robust platform, turning spending into a source of savings and delivering valuable insights to our staff and faculty on ways to maximize our existing resources and make purchasing more strategic.”