Procurement Metrics FY17

 

7,185

Total Purchase Orders Written
(Contracts And Single PO's)

 

53,371

Total cyBUY Orders

 

119,367

Total P-card Orders

Average Cycle Time of

Requisition to Order


Under $50,000

3.6 Days

Over $50,000

2 Weeks 4 Days

$281,665,771

Documented Savings


1236.60%

Return on Investment

(Saving/Operating Budget)

$0.0056

Cost to Process $1.00 of Spend

803

Vendors And University Staff Trained