Supply Chain Management Concentration UTD School of Management 2000+ Undergraduate; 2000+ Master; 100+ Ph.D. 100+ Faculty; 30+ ISOM Faculty OM faculty Slide 2 UTD SOM Rankings and Credentials Cohort MBA ranked 78 last year and 62 this year EMBA - 35th in US and 61st worldwide (Forbes Magazine) Project Management - “Best Bet” (Financial Times) GLEMBA - “Best of Web” (US News & World Report) (PM Network Magazine) Information Systems and Operations Management department ranked 6th in a research productivity study Slide 3 Supply Chain Management “The Concentration” Metin Çakanyildirim utdallas.edu/~metin metin@utdallas.edu Supply Chain Management Supplier Manufacturer Distributor Retailer Customer A supply chain consists of all parties involved in fulfilling a customer request for a product or service The right Product + + + + + The right The right The right The right Price Store Quantity Customer The right Time = Higher Profits Supply Chain Management Matches Supply and Demand SUPPLY SIDE DEMAND SIDE In 2000, the US companies spent $1 trillion (10% of GNP) on supply-related activities: movement, storage and control of products in supply chains. Source: State of Logistics Report Slide 5 What is the SCM program philosophy? An Essentialist Program Essential skills are taught Mastering information, from less to more complex Concepts are taught; less emphasis on black-box methods Real-world-like classroom discussion and problems Analytical and flexible thinking encouraged Students acquire academically disciplined, practical minds, capable of applying their knowledge to be flexible problem solvers Slide 6 What is the SCM program philosophy? A Progressive Program Broad curriculum supported with various electives Student interests drive the program Self-paced and self directed learning (some courses are online) with individual contact with the instructors Curiosity arousing classes Interaction among students is encouraged Learning by doing Capstone projects arranged by C4ISN Fieldtrips Thought-provoking games: Beer game and Truck game Slide 7 A Screen Shot from the Beer Dist. Center Game Period: 1 Incoming Order from Warehouse Incoming Order Wait for your downstream partner to inform you of the size of the incoming order. Type in the number of kegs here and press Enter. Ordered in Previous Period 35 Ordered in Period: -1 45 Ordered in Period: -3 45 Ordered in Period: -2 40 Click on the Proceed button to continue. Inventory 45 35 On-Hand Backordered 100 0 Beer in Transit to Warehouse ? Incoming Beer from Factory Proceed Replay Period Show Summary Show History Slide 8 End Game A Screen Shot from the Truck Slide 9 Game SCM Concentration Course Tree Mr.Y’s interests Financial Mngmnt. (Real) options E-business, Retailing Marketing Mngmnt. Accounting Electives; 14 crdts Cost Mngmnt., Valuation Mergers&Acquisitions Buss. Value of IT Operations Project Mngmnt, Operations Mngmnt. Game Theory SCM Flexible core 3 crdts SCM Fixed core 9 crdts Business Cores 10 crdts Finance ??? Marketing Strategy Strategy Implement. Strategic Mngmnt. Mrs.X’s interests ??? Flex.Manuf. Capstone Risk Scheduling S trategies Logistics P rojects Analysis Operations Mgt SCM Financial Accounting Quantitative Methods Slide 10 Inventory Control Buss.Economics MIS Center for Intelligent Supply Networks (C4ISN) som.utdallas.edu/c4isn Divakar Rajamani divakar@utdallas.edu Mission To be a recognized leader and premier provider of SCM education, research, and consultation for individuals and organizations Promote industry and university alliances through education, research, and consultation Advance scientific & operational knowledge in intelligent supply networks for manufacturing & services management Be the knowledge portal for the SCM community Slide 12 Advisory Board Product & Service Software & Hardware System Integrator & Analyst C4ISN UTD Faculty Donald Hicks, Ph.D. Hasan Pirkul, Ph.D., Dean Divakar Rajamani, Ph.D. Michael Savoie, Ph.D. Suresh Sethi, Ph.D. The advisory board provides strategic direction, promotes and influences the research initiatives and academic programs offered by the center Slide 13 Industry Speaker Series June 23, 2004 Supply Chain Management at BlockBuster June 17, 2004 CEO Forum & Agile Seminar Feb. 16, 2004 Inventory Management Nov. 3, 2003 Logistics Planning with i2 Oct. 3, 2003 Trends in Wholesale Inventory Management Sept. 26, 2003 The Art and Science of Consulting Sept. 12, 2003 The Outsourced Supply Chain July 28, 2003 Supply Chain Management with Oracle July 21, 2003 Supply Chain Management with SAP APO June 4, 2003 Texas Instruments: E&PS Supply Chain Apr. 10, 2003 Retail Demand and Supply Chain Management – continued Apr. 17, 2003 Softgoods Demand and Supply Chain Management Apr. 7, 2003 Consumer Electronics Supply Chain Management and Case Study – continued Mar. 24, 2003 Consumer Electronics Supply Chain Management and Case Study – continued Feb. 28, 2003 Wireless Data Management and the Supply Chain Feb. 20, 2003 Retail Demand and Supply Chain Management Feb. 17, 2003 Consumer Electronics Supply Chain Management and Case Study – continued Jan. 31, 2003 Air Cargo Supply Chain Management and Challenges July 21, 2003 Filling a Niche in the Consumer Goods Demand Chain July 18, 2003 Dell Site Visit, Austin Texas July 14, 2003 Unlock the Value in Your Supply Chain Jan. 28, 2003 Lean Design: Using Blitz QFD to Deliver Maximum for Minimum June 23, 2003 Contract Manufacturing in China Jan. 27, 2003 Consumer Electronics Supply Chain Management and Case Study Slide 14 Industry Projects 2003 Customer Ericsson 2004 Project Name Customer Demand Forecasting and Management for Ericsson's Wireless Infrastructure Project Name esi As Is Supply Chain Analysis esi Sales Configurator esi Demand Management esi Design Process with Agile Gillani Wholesale Supplier Relationship Management Practices Dell Deliver-To-Target (DTT) Ericsson Supply Chain Structure esi Warehouse Management Sabre Effects of Cargo Demand Correlations on Overbooking esi Resiliant Supply Chain esi IT Strategy Brinks Cash Flow Supply Chain Management Mitsui Bussan Logistics Global Sourcing Gillani Wholesale Distribution Best Practices Slide 15 International Center for Decision and Risk Analysis (ICDRiA) som.utdallas.edu/icdria Alain Bensoussan alain.bensoussan@utdallas.edu MISSION ICDRiA performs interdisciplinary research and develops cooperation in risk management and decision-making by exchanging knowledge and experience among academia, industry, and public agencies. ICDRiA’s strategy Contribute to the convergence of approaches between Finance and Industry Isolate and understand generic and sector specific aspects in risk management Analyze risks related to new technologies Integrate organizational and social aspects Conjugate Risk Assessment in Decision Processes Investigate the problems related to security Slide 17 ICDRiA’s APPROACH Meeting point of experience for Industry and Academic Community Center for interdisciplinary Research Forum for cooperation among international players Education Program to generate talent and skill to sustain risk management interventions Conferences and workshops Certificate, Masters and PhD level courses Toolbox of ICDRiA Operations Research Bayesian Analysis Game Theory Extreme Value Theory Statistical Modeling Stochastic Processes Probability Operations Management Mathematical Finance Reliability Theory Slide 18