16
Savings 2015
$
Savings overview 2015 Record savings of $422.8 million in 2015 takes the cumulative total to over $1 billion since 2012
UNICEF Supply Annual Report 2015
Total supply savings achieved from 2012 through 2015
$1.068 billion
$ 1,200
1,000
Total savings target for 2012–2017 was $810 million. This was reached and exceeded by $257.8 million by end-2015
Target 800
600
I
n 2012, UNICEF set an ambitious target – to realize savings of $810 million by 2017 through utilizing UNICEF procurement strategies and other influencing market activities to impact healthy markets for essential supplies for children. In 2015, savings of $422.8 million resulted in UNICEF surpassing this target by $257.8 million. The $1.068 billion saved, the equivalent of 8.8 per cent of UNICEF’s total 2012–2015 procurement ($12.1 billion), was the result of price reductions across 17 commodity groups. Targeted procurement strategies aimed at increasing the availability of vaccines, medicines, nutrition and other important supplies, and reducing prices, were critical to this achievement. As were multi-year contracts with suppliers, special contracting terms, coordinated forecasts, pooled procurement with partners, and increased price and information transparency. Actions by partners, notably Gavi, BMGF and the Global Fund, were critical and these results are seen as shared achievements.
$422.8 million 400 $263.0 million
200
$197.0 million
$184.8 million
0 2012
2013
2014
2015
Total