Higher education institutions have long incorporated eProcurement systems to coordinate among departments in order to help leverage their buying power with suppliers and forge better vendor relationships. Consortia have pushed the envelope even further by aggregating spend among several institutions using an eProcurement solution. And now, institutions and suppliers are realizing the mutual benefits of “buying local”–colleges and universities can use eProcurement applications in support of local vendors and economic inclusion.
By Mary Grush
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