ART - Savings and Competition Summary Report - Procurement 2004

The document is a report from the Purchasing Department in June 2004. It discusses various performance indicators and strategies related to purchasing and procurement. The department aims to ensure timely processing of purchases, with specific benchmarks for different types of purchases. They also focus on awarding contracts to small, minority, and women-owned businesses (SWAM), and have implemented strategies such as using a vendor database and sourcing through the VOMBE/eVA database. The department also emphasizes the use of purchasing cards and decentralized purchase orders to simplify the purchasing process. They track the number and dollar amount of credit card transactions and decentralized procurements. The report also mentions the savings achieved through centralized procurement and the purchasing operating expense ratio. The department aims to increase competition in procurement by expanding the vendor database and utilizing national/state listings. They also focus on purchasing efficiency by maximizing the use of term contracts and conducting spend analysis. The report mentions the importance of professional development and certifications for the staff, with a benchmark of 50% certified employees.