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2011 OECM Annual Report

OECM's Annual Report for 2011 fiscal year.

OECM's Annual Report for 2011 fiscal year.

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<strong>OECM</strong>’s Mandate<br />

<strong>OECM</strong> is a not-for-profit corporation and works in partnership with its education sector<br />

partners to identify collaborative sourcing opportunities to complement the education sector’s<br />

individual procurement practices. Participation in <strong>OECM</strong> agreements is also open to other<br />

broader public sector organizations in Ontario.<br />

In addition to driving savings and enabling efficiencies through the implementation of<br />

collaborative sourcing agreements, <strong>OECM</strong> also ensures its procurement processes and practices<br />

are in compliance with that Ontario’s Broader Public Sector Procurement Directive.<br />

Stakeholder Engagement Key to<br />

Collaboration<br />

Participation of procurement professionals<br />

and subject matter experts from the<br />

education sector through sector advisory<br />

groups and sourcing project working<br />

groups is integral to <strong>OECM</strong>’s success as a<br />

collaborative sourcing partner. This ensures<br />

that sector needs are met throughout the<br />

sourcing cycle. <strong>OECM</strong> provides expert analysis and manages supplier performance throughout<br />

the life of each agreement.<br />

Benefits of <strong>OECM</strong>’s Agreements<br />

There are several benefits to using <strong>OECM</strong>’s agreements:<br />

Standardized tendering and contracting process through compliance with the BPS<br />

Procurement Directive which is attractive not only for SCUs but for suppliers<br />

Substantial institutional savings<br />

Access by all SCUs and BPS entities<br />

Access to Subject Matter Experts and local/regional businesses<br />

Ability to track and manage spend<br />

- 5 - <strong>OECM</strong> <strong>2011</strong> <strong>Annual</strong> <strong>Report</strong>

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