County could save $10 million with new purchasing strategy

The Mecklenburg County Board of Commissioners were presented with an outline today of changes it could make in the way it purchases goods and services that could save the County upwards of $10 million a year. The presentation was made by County Manager Harry Jones at the Board of County Commissioner’s Budget and Public Policy Workshop
“We’re going to be doing purchasing in a completely new way,” said Jones. “Taxpayers could see a $2.60 return on every dollar invested through this business case.”
The County is working with Deloitte Consulting, which will invest a portion of its fees to pay the cost to implement the business case and receive payment based on the savings achieved.
Strategic sourcing is a method of purchasing goods and services at negotiated best prices consistently across the organization. Examples include timing the purchase of certain commodities for when the prices are at the lowest during the year. Based on the County’s current purchasing practices, Deloitte estimates that this first phase of work can result in annual cost savings of up to $10 million.
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