Richard R. Young, Ph.D., C.P.M.

Richard R. Young is Professor of Supply Chain Management at the
School of Business Administration and Director of the M.B.A. Program
at the Capital College of The Pennsylvania State University. For the
past 15 years, he has facilitated the import processes benchmarking
consortium for Penn State’s Center for Supply Chain Research.
Prior to his career in academia, Dr. Young headed procurement at the
Sprague Electric Company and the Life Sciences Group at American
Hoechst Corporation, and was director of international distribution for

Benchmarking Procurement Practices in Higher Education

This report focuses on the procurement function within higher education. Since universities are spending billions of dollars on a range of goods and services, it seemed prudent to conduct a benchmarking study of procurement practices across a broad range of colleges and universities. This study seeks to uncover leading practices that colleges and universities across the nation, as well as other nonprofit organizations, may consider adopting as they wrestle with common financial challenges.

Professor of Supply Chain Management
The Pennsylvania State University School of Business Administration, Capital College
E-356 Olmsted Building, 777 West Harrisburg Pike
Middletown, PA 17057
United States
948-6151

Richard R. Young is Professor of Supply Chain Management at the
School of Business Administration and Director of the M.B.A. Program
at the Capital College of The Pennsylvania State University. For the
past 15 years, he has facilitated the import processes benchmarking
consortium for Penn State’s Center for Supply Chain Research.
Prior to his career in academia, Dr. Young headed procurement at the
Sprague Electric Company and the Life Sciences Group at American
Hoechst Corporation, and was director of international distribution for
the Industrial Chemicals Group of Hoechst Celanese. He is a Fellow
of the Chartered Institute of Logistics and Transport (United Kingdom),
a Senior Research Fellow of the Institute for Supply Management, a 2003
Fulbright Scholar, and a member of the editorial boards of Transportation
Journal and Journal of Supply Chain Management.
Dr. Young holds a B.S. in operations management from Rider University, an M.B.A. from the State University of New York at Albany, and a Ph.D. in business logistics from Smeal College of Business at The
Pennsylvania State University.