Executive Briefings

Procurement Optimization Tool Saves USPS Millions

By fully leveraging the capabilities of optimization (to best take advantage of systems, data and resources), the United States Postal Service's supply management organization has a "super-charged power tool" that has resulted in enhanced collaboration with its supply base, better service to its internal business partners and savings of more than $57m over three years. In keeping with its three-year strategic plan, which identifies technology as a critical driver of efficiency and effectiveness in supply management, the organization has taken its optimization tool to a new level by using it in many different spend categories and creating a flexible bidding environment with suppliers.
Source: Inside Supply Management

By fully leveraging the capabilities of optimization (to best take advantage of systems, data and resources), the United States Postal Service's supply management organization has a "super-charged power tool" that has resulted in enhanced collaboration with its supply base, better service to its internal business partners and savings of more than $57m over three years. In keeping with its three-year strategic plan, which identifies technology as a critical driver of efficiency and effectiveness in supply management, the organization has taken its optimization tool to a new level by using it in many different spend categories and creating a flexible bidding environment with suppliers.
Source: Inside Supply Management