NELSON Partners with Campus Bookstores to Reduce Costs for Students
Today, NELSON, Canada’s leading educational publisher, announced the creation of its Retail Services division and two new programs that will further transform education in Canada. Created in close partnership with campus bookstores, Vendor Managed Inventory, and a new textbook rentals initiative, will increase choice and improve affordability for students while reducing costs and enabling new levels of efficiency.
The initiatives were announced today at BiiG, Canada’s only conference and trade show for campus bookstores.
Today’s launch caps a year of dramatic transformation at NELSON, which has seen the 104-year old publisher reimagine itself and the Canadian education system through a series of strategic acquisitions, partnerships, and new offerings.
“NELSON is laser-focused on driving change and innovation in the education business in Canada and beyond,” said Steve Brown, NELSON President and CEO. “In a few short years, today’s post-secondary students will be the drivers of Canadian economic prosperity. Our mission is to increase choice and affordability for these students, so that we do our part in helping them reach their full potential.”
Vendor Managed Inventory (VMI) is the culmination of more than a year of consultations with campus retailers from coast to coast. These discussions surfaced the unique logistics issues faced by bookstores which can hinder efforts to get students the materials they need, when they need them. VMI is a sophisticated supply chain management solution customized specifically for the education materials industry to address these challenges.
“NELSON’s VMI program brings a fresh approach to ordering and managing our course materials acquisition process by using best practices from other industries and applying them to the educational materials space,” said Debbie Harvie, Managing Director, University Community Services, The University of British Columbia. “VMI means we will have the right number of books in our store at all times. It’s a wonderful example of publisher and bookstore working together to get things right.”
NELSON’s textbook rentals program is the company’s second major initiative in the area of student affordability. In March 2017, NELSON took the unprecedented step of announcing that it would not increase the price of NELSON titles, in perpetuity.
The rentals program, like VMI, was created in partnership with campus bookstores and is the first of its kind in Canada. It will further lower the cost of learning materials by allowing students to rent a textbook at a more affordable rate compared to purchasing new. The program is simple to implement for bookstores and will include all publisher content, not just NELSON titles. It gives students more choice and increases the breadth of offering for stores without requiring additional staff resources.
“NELSON’s new Retail Services division, anchored by the VMI and rentals programs are further evidence of our commitment to transform and modernize the educational industry in Canada,” said Brown. “But at the end of the day, the real focus is the student. Everything we do is about improving affordability for students, improving their educational experience, and doing our part in helping then become the leaders of tomorrow.”
NELSON is Canada’s largest and leading educational publisher. NELSON believes in the evolution of life-long education and dedicates its business efforts to the creation of quality, innovative solutions that support the needs of every student, teacher, and instructor to empower learning success. For more information about NELSON, please visit us at Nelson.com or find us on Facebook and Twitter.
Om Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Prominent Trade Consulting Firm in South Korea Switches to Rimini Street Support for Its Oracle Database22.1.2019 23:00 | Pressemelding
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, and the leading third-party support provider for Oracle and SAP software products, today announced that EC21, a leading export marketing and trade consulting firm in Korea, has switched to Rimini Street support for its Oracle Database software. By switching to Rimini Street, EC21 is able to dramatically reduce the total cost of maintenance of its Oracle Database by approximately 75 percent, and improved productivity within its IT department as resources can be reallocated to more strategic projects across the organization. EC21 can also maintain its robust, stable database platform for a minimum of 15 years from the time the company moved to Rimini Street, avoiding any unnecessary upgrades just to retain full support from the vendor. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190122005104/en/ Prominent Trade Consulting Fir
IFF to Release Fourth Quarter and Full Year 2018 Results February 1322.1.2019 21:15 | Pressemelding
Regulatory News: International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF) (TASE: IFF), a leading innovator of scent, taste, and nutrition, announced that it will release its fourth quarter and full year 2018 earnings results following the market close on Wednesday, February 13, 2019. The management team will host a live webcast on Thursday, February 14, 2019 at 10:00 a.m. ET to discuss results and outlook with the investor community. Investors may access the live webcast and accompanying slide presentation on the Company's website at ir.iff.com. For those unable to listen to the live webcast, a recorded version will be made available for replay. Meet IFF International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF) (TASE: IFF) is a leading innovator of scent, taste, and nutrition, with over 110 manufacturing facilities, 100 R&D centers, and 33,000 customers globally. At the heart of our company, we are fueled by a sense of discovery, constantly asking “what i
Gilead Sciences to Release Fourth Quarter and Full Year 2018 Financial Results on Monday, February 4, 201922.1.2019 21:05 | Pressemelding
Gilead Sciences, Inc. (Nasdaq: GILD) announced today that its fourth quarter and full year 2018 financial results will be released on Monday, February 4, after the market closes. At 4:30 p.m. Eastern Time, Gilead’s management will host a conference call to discuss the company’s financial results for the fourth quarter and full year 2018 and provide a business update. The live webcast of the call can be accessed at the company’s Investors page at http://investors.gilead.com/. Please connect to the company’s website at least 15 minutes prior to the start of the call to ensure adequate time for any software download that may be required to listen to the webcast. Alternatively, please call 877-359-9508 (U.S.) or 224-357-2393 (international) and dial the conference ID 3826138 to access the call. Telephone replay will be available approximately two hours after the call through 8:00 p.m. Eastern Time, February 6, 2019. To access the replay, please call 855-859-2056 (U.S.) or 404-537-3406 (int
Oxford Nanopore Prevails in Patent Ruling against Pacific Biosciences22.1.2019 17:04 | Pressemelding
Today the European Patent Office revoked Pacific Biosciences patent EP3045542 with claims to a single molecule sequencing process wherein two strands of DNA are linked by a connecting nucleic acid. The validity of the patent had been challenged by Oxford Nanopore. The EPO ruled that the claims to a single molecule sequencing process were unsupported in the application and that the application only supported a template-directed synthesis sequencing method. As Pacific Biosciences were unwilling to accept this change, the patent was revoked. The decision by the EPO is consistent with a recent decision by the International Trade Commission (ITC) to limit the claims of a related Pacific Biosciences US patent to template-directed synthesis. View source version on businesswire.com: https://www.businesswire.com/news/home/20190122005733/en/ Contact information Oxford Nanopore Zoe McDougall email@example.com Website: https://nanoporetech.com/
Värde Partners Names New Partners, Additional Deputy CIO22.1.2019 17:00 | Pressemelding
Värde Partners is pleased to announce the appointment of Elena Lieskovska and Haseeb Malik to Partner, and the promotion of Brad Bauer to Deputy Chief Investment Officer. “It gives me great pleasure to announce the promotions of three individuals who have been instrumental in the success of our firm through their investing expertise, leadership and integrity,” said George Hicks, Co-Founder and CEO of Värde Partners. “Brad, Elena and Haseeb have all made significant contributions to Värde’s culture, global presence, and, most importantly, delivering returns to our investors.” Based in London, Elena is Head of European Financial Services, responsible for Värde’s private equity investments in specialty finance companies and related businesses in Europe. She joined the firm in 2008 and over the past decade has helped establish the firm as a leader in the consumer finance space, building large credit platforms. Haseeb is Head of Asia Corporate and Traded Credit. Based in Singapore since the
Citi Announces Inaugural Green Bond Issuance22.1.2019 17:00 | Pressemelding
Citi today announced the issuance of the firm’s first green bond, further enhancing its commitment to environmental and climate finance. The bond will fund renewable energy, sustainable transportation, water quality and conservation, energy efficiency and green building projects financed as part of Citi’s $100 billion Environmental Finance Goal. In the deal, which priced on 22nd January 2019, Citi issued €1 billion 3-year fixed rate notes. The transaction marks the first green bond offering from Citigroup Inc. “We are proud to start the year with the launch of our inaugural green bond,” said Jamie Forese, President of Citigroup and Head of the Institutional Clients Group. “This transaction represents an important next step in expanding Citi’s commitment to sustainable growth. This bond also further enhances our green bond expertise, strengthens our partnerships with clients around the world and responds to increasing investor interest in sustainable finance.” In 2015, Citi announced a