As a strategic preferred supplier, VWR offers significant, multiyear cost savings to the university and commits to annual customer satisfaction and process improvements. The benefits of our agreement with VWR include:
- Best-in-class pricing for Cornell based on pricing available to peer universities
- Desktop delivery for most Ithaca campus locations
- Distribution of an additional rebate to purchaser’s account based on prior month spend
- Greater than 80% of products priced lower than key competitors
- Price match or better on competitor-published pricing
- Continuous review and improvement of contract pricing, and implementation of process improvements
As a result of the increase in purchases from VWR, Cornell has qualified for an additional 1% rebate, which increases the annual rebate to 4% for fiscal year 2018. The rebate program, which is based on purchase volume and payment of invoices within seven business days, has been working well. The rebate will continue to be returned to the billing account.
