Effective Industry Support for Higher Education of Employees
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American Society for Engineering Education, 2015. Strategic educational investments that foster industry best practices directly and positively affect the EBITDA of the small businesses. In this paper, we show how investment from a small business to support an employees' higher education helps the overall organization in tangible and intangible ways. The specific case study project focuses on developing a web based mechanism to order and produce packaged gases in a closed loop supply chain to optimize cylinder placement through a distribution network comprised of a packaging facility for twenty distribution centers and retail store fronts that handle both outbound and inbound product. The case study provides evidence of the perceptions of organizational perception that educational investments not only create a bond between the organization and the employee but they provide a basis for which the investments sparks educational curiosity throughout the organization. This paper combines methods developed through an educational investment in key operators concerned with asset utilization as well as surveys and interviews regarding the perception of educational investments from the viewpoint of an industry buying group. The sponsoring organization sees bottom-line improvement with efforts from its own employees, including those who do not receive direct educational investments. The benefits of supporting higher education by a small business may expose some financial risk but this paper provides evidence that the investment compounds quickly throughout the organization.
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2015 ASEE Annual Conference and Exposition Proceedings
