Application of PLM in higher education procurement
Michael Wisma and
Cynthia L. Tomovic
International Journal of Manufacturing Technology and Management, 2010, vol. 19, issue 3/4, 330-336
Abstract:
Colleges and universities are moving away from the traditional focus on single exchange transactions and towards an emphasis on creating and maintaining longer-term buyer–supplier relationships. These strategic relationships generate managed supply chain relationships that encompass activities associated with the flow of goods and services, as well as the flow of information. The need to understand the complexities of the relationships in the supply chain and how these relationships are viewed by both buyers and suppliers is critical. The application of Product Lifecycle Management (PLM) in higher education purchasing and procurement will serve to improve organisational efficiencies and support strategic positioning.
Keywords: PLM; product lifecycle management; higher education purchasing; procurement; buyer–supplier relationships; supply chain management; SCM; university purchasing; college purchasing. (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijmtma:v:19:y:2010:i:3/4:p:330-336
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