Development Process & Stakeholders

As the architect of this project, the NACS Foundation sees the Standards Project as an opportunity to provide a common framework resulting in actionable items that can be used to measure store success against comprehensive and objective industry benchmarks. The NACS Foundation is investing significant resources in the software and process on which this project is being built. 

We expect the outcomes of the Standards Project to benefit our entire industry and increase the ability of independent stores to remain viable and successful which will, in turn, directly benefit the vendors that serve the college store market.

DEVELOPMENT PHASE

CAS EVALUATION PHASE

STAKEHOLDERS

NACS FOUNDATION

BOARD OF DIRECTORS

  • Governing body of the NACS Foundation consisting of elected industry representative from campus stores, campus administration, and the vendor community

  • Retains ownership of the Standards Project, sets development priorities, and endorses drafted standards

INDUSTRY STANDARDS COUNCIL

  • Charged by the NACS Board of Trustees, this Council incorporates representatives from campus stores and auxiliary services

  • Operates independent of the NACS Board of Trustees and the NACS Foundation Board of Directors, with autonomy and decision-making authority on matters specifically related to industry standards

  • Reviews, evaluates, and validates the proposed standards and performance measures

DEVELOPMENT COMMITTEE

  • Comprised of a diverse representation of store and auxiliary management representatives from NACS Member Institutions

  • Responsible for drafting and refining standards as directed by the NACS Foundation Board of Directors

AFFILIATE ADVISORY COMMITTEE

  • Consists of a diverse representation from the collegiate retail industry working in an affiliated, support, or partnership role including other industry associations and buying groups, industry consultants, course material and general merchandise companies

  • Consultative group to give feedback and raise awareness about the Standards Project

RETAIL SYSTEMS COMMITTEE

  • Made up of representatives from retail systems providers, business management software providers, and industry research professionals
  • Focused on functionality alignment with standards, industry financial survey participation, benchmarking and the Campus Store Insights (CSI) platform
  • Consultative group to give feedback and raise awareness about the Standards Project