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Universities sector 'requires more transparent procurement'
The higher education sector will need to implement higher standards of transparency in purchasing operations in order to meet growing demands to make savings.
This is the view of Steve Malone, managing director of CEL Procurement, who told the Guardian that the relationship between universities and their suppliers is becoming increasingly adversarial in recent years.
It is coming at a time when higher education institutions are facing growing pressure to reduce spending, while the role of procurement is also changing from a background issue to a key strategic area.
According to Mr Malone, universities need to rethink their entire procurement outlook, creating open and transparent relationships with partners while treating purchasing as a central focus area in order to achieve financial gains.
"There is a wide range of very good practice happening in the sector when it comes to procurement. But as the Universities UK report suggests, it needs better dissemination," he explained.
Last year, a Universities UK report highlighted the importance of eliminating duplication and fragmentation in procurement practices as a means of securing savings.
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