In most cases, purchasing is the second largest expenditure on campus after personnel - so how can chief business officers take a more strategic and collaborative approach to create savings? Especially since the procurement process does not follow a "one-size-fits-all" model. The process is unique for many reasons: The marketplace responds differently to higher education; institutional needs change in response to research or new programs; and higher education competes for faculty, students, and funding.
Learn more in the complimentary Procurement chapter of College and University Business Administration.
This publication was supported by NAEP