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ERIC Number: EJ944019
Record Type: Journal
Publication Date: 2011-Jul
Pages: 3
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-1553-7544
BI Buy
Demski, Jennifer
Campus Technology, v24 n11 p41-42, 44 Jul 2011
At a time when higher education is enduring budget cuts, institutions are under more pressure than ever to make each dollar count. While cuts in staff and services are often an unpleasant part of the solution, the drive toward greater efficiency also means getting smart about purchasing. And, increasingly, universities and colleges are turning to business intelligence tools to help them monitor spending and find economies of scale. Business Intelligence (BI) has long been used in higher education to tackle a range of campus issues, but spending is a different kettle of fish altogether: Typically, each university division or department handles its purchasing separately, and often uses different systems to manage contracts, purchase orders, and invoices. Despite the challenges, two institutions--Bowling Green State University (OH) and Cornell University (NY)--have shown that, with an e-procurement system in place and a lot of hard work, BI tools can lead to significant savings and increased control over how university dollars are spent. In this article, the author describes how the two universities apply the principles of business intelligence to procurement and purchasing, with significant results.
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: New York; Ohio