Johns Hopkins found that the Conductiv Platform eliminated the long, drawn-out process of paper-based negotiations and accelerated the process significantly by conducting a live, moderated negotiation where stakeholders and supply chain could participate and work directly with vendors in real-time to obtain the best value. Conductiv’s unique negotiation process generates a level of competition that isn’t typically found through traditional negotiation methods. This process drives cost down while simultaneously ensuring stakeholder’s unique needs are met while improving the existing service levels for each facility.
Since 2008, Conductiv has partnered with Johns Hopkins to help them source more than $444 million in spend across 106 projects saving over $82 million through Conductiv’s unique blend of services, technology and market intelligence.
By supporting all the heavy lifting in their sourcing projects, Conductiv freed up the Hopkins’ Supply Chain team to focus on category and contract management, vendor relationships, and stakeholder support.