Application of PLM in higher education procurement

: Colleges and universities are moving away from the traditional focus on single exchange transactions and toward 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 PLM in higher education purchasing and procurement will serve to improve organizational efficiencies and support strategic positioning.

• Type: Journal
• Year: 2010
• Where: IJMTM
• Authors: Michael Wisma, Cynthia L. Tomovic
• Keywords: IJMTM 2010, Longer-term Buyer-supplier Relationships, Supply Chain, Supply Chain Relationships