Cost Reduction

Background

The cost reduction task force was struck to identify potential savings from system-wide initiatives in purchasing and other areas with the goal of balancing institutional advantages with individual choice.

The purchasing of goods and services at Queen’s University occurs in a variety of ways. In some instances, the purchasing power of the university is fully leveraged; in others, the University's total volume is not taken into consideration.

Over the last 12 months, a number of initiatives has already begun to leverage the University’s purchasing power. The Committee believes there are additional cost savings opportunities available, with increased coordination between Strategic Procurement, Faculties, Schools, Departments and researchers.

Committee Members

• Peter Dacin, Queen's University Faculty Association
• Spring Forsberg, Queen's University Staff Association
• Geoff Lancaster, Financial Services
• Steve Millan, School of Business (Chair)
• Tom Pincivero, Faculty of Arts and Science
• Beth Readman, Financial Services (Secretary)

Objectives

The Committee felt that there were a number of principles that should guide it as it moves forward with further analysis of potential cost saving opportunities. These principles include:

• Initially focusing on initiatives that will assist Departments and Faculties;
• Ensuring cost savings accrue to the Departments and Faculties;
• Continuing to offer Departments and Faculties choice of suppliers, whenever possible;
• Ensuring processes are made as easy as possible for end users; and
• Recognizing that procurement decisions take into account more than just price in selecting appropriate suppliers.

Compensation is not within the scope of the Committee.