NEW YORK, NY: —August 15, 2024—New research from EDspaces has identified four key trends in K-12 procurement as school leaders lean into the field of strategic procurement.
“EDspaces is excited to release our new report that documents the increasingly complex and challenging role of K-12 school procurement professionals,” says Joe Tucker, EDspaces
Show Director.
“An overarching theme from our survey is that procurement professionals are embracing change and finding ways to work more effectively in an environment that continues to present significant challenges.” Tucker reports.
Tucker notes that: “One exciting finding from our survey was that 100% of interviewees find procurement work to be meaningful and fulfilling. With a large number of procurement professionals near retirement or who have already retired, it will be important to get this message out to attract people who might otherwise choose private sector positions.”
Download the Report here: The Future of K-12 Procurement: 4 Key Trends
The EDspaces report identified four key trends:
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Tech Tools for Procurement are “Not Quite there Yet”
Public procurement systems for the K-12 market are undergoing a shakeup with recent mergers and acquisitions and dozens of players automating different components of procurement. 89% of our interviewees expressed the desire to use more data to inform procurement decisions, but stated that they did not have the appropriate tools or the time to track and use data. In the coming decade there will be opportunities for pursuing greater efficiencies by using artificial intelligence (AI) in procurement.
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It’s Not Just About the Price
While several states still mandate that price must trump all other factors in purchasing decisions, our interviewees provided us with many factors that could be more heavily weighted than the price of a good or service. Buying local, quality/best value, and checking references or past experiences with a vendor all heavily influenced purchasing decisions and sometimes were weighted more heavily than cost.
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Networking is Critical for Success
78% of our interviewees stated that membership in the state ASBO (Association of School Business Officials) provides a vital way to stay up to date on state regulations, engage in professional development, and network with colleagues at conferences and meetings. Interviewees mentioned several other important organizations including ASBO International.
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Tactical Recruitment to the Profession is Critical