2000-2001
Annual Report
APPENIDX
IV: SUMMARY OF ADMINISTRATIVE COST SAVINGS 2000/2001
- The implementation of
a single vendor contract for purchasing custodial cleaning supplies
campus wide achieved significant cost savings. Final forecast
anticipates an overall 25% reduction in expenses from last fiscal
year or $115,000 annual savings in the main campus and housing
operations' supply purchases. Supply savings from the main campus
operation were reinvested in the Health Science Complex cleaning
program to improve customer service and satisfaction.
- The purchase and installation
of the Sanipac autoclave system in fiscal year 2000 generated
a $10,000 cost reduction in contracted bio-hazardous waste removal
this year.
- Realized a $10,000
savings in leased equipment costs due to a capital equipment purchase
in fiscal year 2000 of $15,000 for ID production.
- Revenue enhancements
have also been initiated this fiscal year. These include the implementation
of the CWRUcard program with additional merchants, utilization
of Mt. Sinai parking for special events, and card swiped readers
on vending and laundry machines.
- The recycling program
has generated over $4,000 in revenue this fiscal year that has
been applied towards the lease purchase of an $8,400 baler. With
continued expansion of the recycling program, the baler will be
paid in full in 2002 and future revenue can be earmarked for enhancement
of services.
Return
to Main 2000-2001 Annual Report Page
|