US: Higher education containment survey published
Cost containment: A survey of current practices at America's state colleges and universities reveals that the single most relied upon individual cost containment source is energy management at 83%, followed by consortium purchasing at 61%. Other sources include facilities management, use of adjunct faculty, bookstore operations, and food service-residence hall operations.
The report provides insight into replicable "best practices" that could produce effective cost savings. The study found that although cost containment activities largely centre on business and support functions, most respondents were willing to consider other areas where cost savings could be achieved - and some reported that there was insufficient amount of funding, staff and time allocated to actual cost containment activities. The report - which is freely available - offers six recommendations for increased institutional savings.
Full report on the AASCU site