Office Depot, Inc. Survey Finds Annual Cost to Educators of Researching & Purchasing Classroom Supplies Could Reach Half a Bi...
May 22 2017 - 9:00AM
Business Wire
Nearly 70 Percent of Educators Indicated a
Central Purchasing Hub Would Save Time and Money When Purchasing
Classroom Supplies
Office Depot, Inc. (NASDAQ:ODP), a leading provider of
office products, services, and solutions, today announced the
results of an educator productivity survey whose findings uncovered
the minimum cost of U.S. teacher time spent researching and buying
supplies for their classrooms is more than half a billion
dollars.
The non-profit Center for College & Career Readiness and
Office Depot, Inc.’s Committed to LearningTM initiative recently
surveyed more than 2,800 educators regarding purchasing and
researching needed supplies for use in the classroom. An average
teacher’s salary is more than $55,000 per year (roughly $26 per
hour) and there are more than 3.5 million full- time teachers in
the U.S.1, therefore based upon the results of the survey, the
costs of researching and purchasing classroom supplies could reach
over $500 million.
A few key findings from the survey:
- Nearly 70 percent of respondents
indicated that a central purchasing hub would save time and money
when buying classroom supplies;
- 42 percent of the educators
surveyed reported purchasing classroom supplies every month;
- More than 30 percent
indicated they spend more than 10 hours every year researching and
buying supplies for the classroom;
- 50 percent of the educators
surveyed preferred to purchase classroom supplies online.
Office Depot, Inc. partners with school districts from
Connecticut to California to bring strategic planning expertise and
a team of education experts to help plan, produce and deliver
classroom materials, allowing educators to save time in the
classroom. Through officedepot.com, educators have access to an
easy-to-use central purchasing hub that helps with streamlining
buying decisions.
“These survey findings show the increased demand for educator
support when it comes to researching and purchasing classroom
supplies,” said Becki Schwietz, senior director of growth
strategies for Office Depot, Inc. “We are proud to partner with
public and private schools around the country to reduce educators’
out-of-pocket expenses and time spent sourcing classroom supplies
through our classroom enablement programs and print services
instructional materials solutions.”
Office Depot, Inc. collaborates with school districts and other
educational institutions through the company’s Committed to
Learning™ initiative, which offers educators access to a national
team of curriculum and instruction experts across disciplines.
Through the Committed to Learning™ initiative, the company partners
with school districts to meet their strategic goals by providing
instructional solutions and access to experts that enrich the
learning experience in the areas of personalized learning,
project-based learning and innovative learning spaces, culture and
wellness, instructional resources, and supplies.
To learn more, visit www.officedepot.com/education or contact
them directly via email at committedtolearning@officedepot.com.
1 National Center for Education Statistics
Survey Methodology/Sample Qualifications
In February 2017, the Center for College & Career Readiness
conducted a survey of educators on behalf of Office Depot’s
Committed to LearningTM initiative. A total of 2,819 educators
(including Principals, Assistant Principals, Department Chairs,
Teachers and more) participated in the survey.
About Office Depot, Inc.
Office Depot, Inc. is a leading global provider of products,
services, and solutions for every workplace – whether your
workplace is an office, home, school or car.
The company had 2016 annual sales of approximately $11 billion,
employed approximately 38,000 associates, and served consumers and
businesses in North America and abroad with approximately 1,400
retail stores, award-winning e-commerce sites and a dedicated
business-to-business sales organization – with a global network of
wholly owned operations, franchisees, licensees and alliance
partners. The company operates under several banner brands
including Office Depot, OfficeMax and Grand & Toy. The
company’s portfolio of exclusive product brands include TUL, Foray,
Brenton Studio, Ativa, WorkPro, Realspace and HighMark.
Office Depot, Inc.’s common stock is listed on the NASDAQ Global
Select Market under the symbol “ODP.”
Office Depot is a trademark of The Office Club, Inc. OfficeMax
is a trademark of OMX, Inc. ©2017 Office Depot, Inc. All rights
reserved. Any other product or company names mentioned herein are
the trademarks of their respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20170522005235/en/
Office Depot, Inc.Julianne Embry,
561-438-1451julianne.embry@officedepot.comorEdelmanAmanda Olson,
512-634-3661amanda.olson1@edelman.com
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