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Following the devastation of hurricane Katrina, the City of New Orleans fully implemented BuySpeed eProcurement and cut purchasing costs by more than $1.25 million in 2007. This resulted from reducing the cost per bid from $3,360 to $1,126 and reducing the cost per purchase order from $80 to $9. Click here for more details. The City of Tucson slashed processing time for contract releases from 28 days to 1 day or less. Additionally, PO processing time was reduced from 28 days to 14 days. Improvements in vendor registration and bid distribution resulted in an annual savings of $16,000 on postage and paper alone. Click here for more details Alaska Department of Transportation - including its Anchorage International Airport and Alaska Marine Highway System operations - implemented BuySpeed and increased purchasing controls while dramatically improving purchasing efficiency, including a reduction in requisition processing time from 3 days to 1 day. The City of Houston, TX - recognizing the need to streamline their inventory processes - implemented the NIGP 11-Digit Commodity Code within its SAP software system resulting in the reduction of material master codes from 88,000 used in the legacy system to approximately 20,000 after SAP "go-live."
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