2016 Strategic Initiatives

2016 Strategic Initiatives

  1. Strategic sourcing/procurement processes
    • Explore ways to create additional synergies and efficiencies among procurement operations across the university
  2. Guidance for venture start-ups
    • Develop guidelines for evaluating potential venture projects
    • Develop a charter that details impact on U-M’s mission, funding sources, reporting needs as well as organizational and governance options
  3. Facilities maintenance supply chain project—next steps
    • Provide excess/obsolete materials to asset recovery supplier for South Campus Region
    • Provide excess/obsolete materials to asset recovery supplier for North Campus Region
    • Begin setup of a region warehouse for a second region, including establishment of reorder quantities in FMS (Facilities Management System)
    • Develop and deploy additional inventory and ordering functionalities within FMS inventory module
  4. Explore the use of university assets to increase efficiency and optimize use (includes public-private partnerships, space utilization, land holdings, and U-M leasing)
    • Understand and assess public-private partnerships and recommend when use of this method benefits the university
  5. Michigan Medicine VMI Initiative
    • Provide support to the VMI (Value Margin Improvement) initiative in Michigan Medicine
  6. Develop analytics team to help evaluate university financial initiatives

 

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