Sustaining higher education using Wal‐Mart's best supply chain management practices

Sustaining higher education using Wal‐Mart's best supply chain management practices Purpose – The costs in higher education are increasing and need to be controlled. This paper aims to demonstrate what lessons higher education could learn from Wal‐Mart's reasons for its financial success with its focus on efficient and effective supply chain management (SCM) best practices. Design/methodology/approach – Wal‐Mart's best practices in SCM were investigated through a secondary data literature review. Findings – Wal‐Mart's best practices in SCM can be categorized into four segments: strategic concepts, logistics and distribution, information technology, and supplier collaboration. The company's technology, outsourcing, and collaboration practices are particularly useful in higher education. Research limitations/implications – The adoption of Wal‐Mart's best practices was investigated for only one service industry (higher education). Future research could apply these practices to other service industries, such as hotels and transportation. Practical implications – Higher education is looking for best practices to help control costs and can learn from Wal‐Mart's best practices. Originality/value – Past research has focused on applying the best practices of other colleges and universities to higher education. Benchmarking Wal‐Mart's best practices can add further value to the sustainability of higher education. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Sustainability in Higher Education Emerald Publishing

Sustaining higher education using Wal‐Mart's best supply chain management practices

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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
1467-6370
DOI
10.1108/14676370810856323
Publisher site
See Article on Publisher Site

Abstract

Purpose – The costs in higher education are increasing and need to be controlled. This paper aims to demonstrate what lessons higher education could learn from Wal‐Mart's reasons for its financial success with its focus on efficient and effective supply chain management (SCM) best practices. Design/methodology/approach – Wal‐Mart's best practices in SCM were investigated through a secondary data literature review. Findings – Wal‐Mart's best practices in SCM can be categorized into four segments: strategic concepts, logistics and distribution, information technology, and supplier collaboration. The company's technology, outsourcing, and collaboration practices are particularly useful in higher education. Research limitations/implications – The adoption of Wal‐Mart's best practices was investigated for only one service industry (higher education). Future research could apply these practices to other service industries, such as hotels and transportation. Practical implications – Higher education is looking for best practices to help control costs and can learn from Wal‐Mart's best practices. Originality/value – Past research has focused on applying the best practices of other colleges and universities to higher education. Benchmarking Wal‐Mart's best practices can add further value to the sustainability of higher education.

Journal

International Journal of Sustainability in Higher EducationEmerald Publishing

Published: Apr 11, 2008

Keywords: Higher education; Sustainable development; Best practice

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