09 June 2020 
Ashley Shelbrooke, HEPA and Project Specialist
The Procurement Value Survey (PVS) gathers institutional and sector-wide efficiency data in line with the HE sector benefits methodology. The results for the 2018 / 2019 financial year once again clearly demonstrate the value of university procurement teams.
88 institutions responded to the survey which represents for a total impactable spend of £7.8bn. Of this £7.8bn, £2.2bn was spent with SMEs and £1.6bn was spent through Purchasing Consortia and other collaborative agreements.
Total gross efficiencies from these institutions were a fantastic £326m, including price reduction, added value, risk reduction, process re-engineering and sustainability.
The full report is available to members here and breaks the data - including the HE sector Procurement Performance Indicators (PPIs) - down by institution size allowing for insightful benchmarking.
