Supply Chain Management Directors’ Conference Experiential Learning in SCM Education Dave Malenfant, TCU Neeley School of Business March 25, 2016 Center for Supply Chain Innovation Experiential Learning At TCU Supply Chain Education • TCU SCM Program designed for “active” or “experiential” learning in both undergraduate and graduate • Three programs have proven to be effective. • • • • Links Simulation* Supply Chain Executive Apprenticeship Program Experiential trip to Vietnam and Hong Kong (MS) Experiential trip to China (Undergraduate) *LINKS a trademark of Dr. Randall Chapman Center for Supply Chain Innovation Links Simulation • Goal is to improve your firm’s overall financial, operating and marketing performance by making decisions within the integrated Supply Chain • Simulation firms manage procurement, manufacturing, distribution and warehousing, transportation, service, generate demand, forecasting, information technology, and research studies. Experiential Learning • Present the results to a Board of Directors at the end of the Simulation Game (typically 8 weeks) – The Board is composed of Supply Chain Executives and professionals from Local Companies • Teams have 15 minutes to present the results of their firm relative to the industry, benchmark metrics, and other teams. • Must answer probing insightful questions during the presentation. This requires the students to thing “on their feet” and defend their supply chain strategy and decision Center for Supply Chain Innovation Supply Chain Executive Apprenticeship Program Approximately 8 years old, the top 10% supply chain students were selected through a rigorous interview process by the Faculty Advisor and representatives from the sponsor company. Together, we designed a two-semester accredited course: First Semester: • Identify and map a supply chain for the sponsor company. • Interview all key stakeholders in the integrated supply chain • Deliverable is a presentation to the company executives at the end of the semester showing the mapped supply chain with recommendations for improvement. Second Semester: • Identify, plan, and execute a project as agreed by the students, Faculty Advisor, and the sponsor company. • Deliverable is a presentation to the project stakeholders and company executives on the findings and recommendations. The end result is of value to the company and the improvements are implemented resulting in a tangible benefit to the company. Center for Supply Chain Innovation Supply Chain Executive Apprenticeship Program Unique Experiential Learning • Students must prepare own questions for interviews • Begin to understand the dynamics of an international business • Begin to understand the relationships between departments and functions • Learn the impact of data on projects • Politics of the organization • Breadth of the supply chain Center for Supply Chain Innovation Experiential Trip for Master Students This year, an international trip to Vietnam and Hong Kong Pre-Trip classes • • • • • Understanding the culture Global Business Sourcing Case Study – “Selling Ready to Drink Tea” in Southeast Asia Global Business and Stability Second Case study Pre-Trip Assignments • • • Presentation on Vietnam/China business issues Briefs on Companies to be visited Individual case analysis on Vietnam’s embrace of ICT (information & communications technologies) Center for Supply Chain Innovation Experiential Trip for Master Students Experiential Learning • Group project video journal of comparative analysis • Highlighted different supply chains • Understanding of contrast between different countries and business environment • Out of “comfort zone” – most have never traveled to Asia • Global Business perspective Center for Supply Chain Innovation Experiential Trip for Undergraduate Students Past 8 years have been taking undergraduate students to China: “Global Supply Chain Management” Pre-Trip classes • • • • • • • Understanding the culture Supply Chain implication in sourcing from China China: Doing Business in the Middle Kingdom Global Business and Stability Import, Export, and INCO terms Case studies Guest Lecture Director of Asian Studies In-Country • • • • Company visits in Shanghai Company visits in Beijing Cultural visits Visit to village barefoot Doctor and hiking the Great Wall! Center for Supply Chain Innovation Experiential Trip for Master Students Experiential Learning • Group project video journal of comparative analysis • Highlighted different supply chains • Understanding of contrast between different countries and business environment • Out of “comfort zone” – most have never traveled to Asia • Global Business perspective Center for Supply Chain Innovation Supply Chain Management Directors’ Conference Experiential Learning in SCM Education Questions? Dave Malenfant, TCU Neeley School of Business March 25, 2016 Center for Supply Chain Innovation ‘Supply Chain – Marketing Shark Tank’ Experiential Lab Game in Interdisciplinary Business Education: Qualitative and Quantitative Analyses Anshu Saxena Arora Associate Professor of Marketing, Savannah State University Amit Arora Assistant Professor of Logistics / SCM, Savannah State University The 5th Annual SCM Directors’ Conference, Boston, MA March 23-25, 2016 Agenda • Motivation • Teaching Innovation Objectives • SC-Marketing Shark Tank Strategic Experiential Game • Analysis and Results • Discussion 12 Motivation • Challenge for academia to teach the subjects of marketing / advertising and SCM, and sensitize students (from different backgrounds and subject interest areas) about the interaction between the areas of SCM and marketing. • Inter-disciplinary. 13 Motivation • Academic training of students graduating from Historically Black Colleges and Universities (HBCUs) is often perceived as insufficient by Predominantly White Institutions (PWIs) (Joseph, 2012; Kim and Conrad, 2006). • Cross-cultural. 14 Five-Phased Approach • • 1 2 3 Evaluate Learners Team Formulation & Research Buyer-Supplier Interaction FSLSM Learning Styles CORD Teaching Styles • • • • • • Client teams Ad Agency Creatives Media Production Assign responsibilities & research • Advertising conceptualization • Develop ad work • Teams’ interaction • Team dynamics – overcoming challenges 4 Go Live (consumer) • Presentation to target consumer • Team work evaluation • Team ranking by consumers and judges 5 Teaching Effectiveness • Qualitative and Quantitative SC-Marketing evaluation 15 Phase 1: Evaluate Learners • We used the Felder-Silverman model and Index of Learning Styles (Felder & Silverman, 1988) because students can selfadminister this questionnaire at no cost. • In addition, the four learning style dimensions are numerically coded and easily quantified for analysis. • Index of Learning Styles has been validated (Zwyno, 2003), (Litzinger, Lee, Wise, & Felder, 2005), (Felder & Spurlin, 2005) and used in this research study. 16 Learning Styles Active Reflective Sensing Intuitive Visual Verbal Sequential Global Very strong preference Fairly well balanced Moderate preference Phase 2: Team Formulation & Research Creative Boutique Ad Agency Media Specialist Industry Client • TV media ads • Print ads • Social media ads Consumers Production Company Tier 2 Tier 1 Suppliers Buyer Output End user 19 Phase 3: Communication, Negotiation & Collaboration Creative Boutique Ad Agency Media Specialist Industry Client Production Company Tier 2 Tier 1 Suppliers Buyer Advertising Development and Conceptualization; Teams’ Interactions, Collaboration, Trust, Relationship Building, Team Dynamics and Overcoming Team Challenges 20 Phase 4: Implementation – Go Live Industry Client Buyer • TV media ads • Print ads • Social media ads Output Consumers End user Advertising Presentations to target consumers (audience); Team work evaluation; Team ranking by consumers and judges Phase 5: Data Analysis • Data source: Qualitative feedback regarding learning outcomes collected from students at the end of exercise. • Sample size = 161 students. • Student feedback consisted of three categories: – Team experience (3 questions). – Team effectiveness (5 questions). – Overall feedback (2 questions). 22 Phase 5: Sample Males Females TOTAL 75 86 161 Learning Style Ethnicity African-Americans 79 Caucasians 70 Asians 10 Hispanics 2 TOTAL 161 Males (%) Females (%) ActiveReflective 38 24 SensingIntuitive 26 43 VerbalVisual 53 45 SequentialGlobal 33 35 Preferred Teaching Style Applied concept Enactive processing Understanding learning Co-op groups %age 40 41 40 54 23 Questionnaire • Team Experience – What did you learn while designing creative and media strategy for the client? – What did you learn while presenting creative and media strategy for the client? – What did you learn from other teams’ creative and media presentations? • Team Effectiveness – What was the biggest challenge involved in the SC-Mark project? – What was particularly effective in your team’s work on creative and media strategy? – What was particularly effective in your team’s delivery on creative and media strategy? – What was effective regarding your team, especially in terms of winning approval of clients and customers? – What was effective regarding the other teams, especially in terms of 24 winning approval of clients and customers? Questionnaire • Overall Feedback – What was the most intriguing and effective part of your SC-Mark project? – How did your SC-Mark work help you to better understand the two subject areas – Advertising and Supply Chain Management? Structured content analysis for this research project focused on overall student learning outcomes (322 statements) 25 Sample Statements • “One of the more difficult aspects of advertising supply chain management is trying to understand the full capabilities of your business partners and/or suppliers” • “Nothing can replace face-to-face communication; by fostering personal relationships with both customers and suppliers, the entire supply chain process will be embraced by all” • “If you maintain your advertising supply chain metrics and lessons learned from the past, you’ll avoid making partnership errors with both suppliers (business partners) and clients” • “We understood the concept of CPFR – Collaborative Planning, Forecasting and Replenishment. CPFR creates a win–win scenario, tying the client and agency together so that their goals are compatible” 26 Research Method • Structured content analysis methodology to analyze student feedback statements. • This methodology has been used in SC and communications literature (e.g., Montabon et al. 2007; Tate et al. 2010; Hofer et al. 2012). • Centering Resonance Analysis (CRA) technique using Crawdad software. • CRA relies not just on frequency count of words in text but also on inter-connectedness of text based on network analysis (McPhee et al. 2002; Hofer et al. 2012). 27 Research Method πΌππ = influence of a word i in text T πππ = number of shortest paths connecting jth and kth words (π ) πππ = number of those paths containing word i N = numbers of words in the network 28 Word Network Map 29 Themes and Associated Words Supply Chain supply 0.11615 chain 0.16448 value 0.09697 supplier 0.04727 resource 0.02062 planning 0.01653 goal 0.0159 delivery 0.01519 revenue 0.0124 management0.00949 inventory 0.00875 issue 0.00927 able 0.00903 Buyer Supplier Relationship Consumer focus and orientation Advertising and SC Risk Management partner 0.19132 collaboration0.15322 client 0.10088 agency 0.08022 collaborative0.02581 party 0.01712 situation 0.01287 relationship 0.00782 information 0.10858 customer 0.0679 network 0.02459 communication0.02132 data 0.01768 commitment 0.01703 process 0.0161 consumer 0.00826 marketplace 0.00813 win-win 0.00797 advertising 0.07796 cpfr 0.06404 capability 0.06136 result 0.04835 cost 0.02894 group 0.02825 difficult 0.02263 competitive 0.02045 application 0.01762 challenge 0.01727 change 0.01646 sale 0.0159 time 0.01389 incentive 0.01372 effort 0.01258 performance0.00653 effect 0.01035 element 0.0103 technology 0.0098 forecasting 0.00683 ad 0.00584 initiative 0.0056 lesson 0.00557 term 0.00521 price 0.00826 Community focus (learners & institutional focus) business company organization staff benefit good great big service common industry community beneficial right economy 0.11931 0.05076 0.04716 0.01801 0.01775 0.01726 0.01575 0.01181 0.01113 0.01109 0.01073 0.00837 0.00826 0.00621 0.00503 30 Average Theme Values Buyer – Supplier Relationship Supply Chain Consumer focus and orientation 0.074 0.042 0.030 Community focus (learners and institutional focus) Advertising and SC Risk Management 0.024 0.022 31 Gear Do you have the Best Gear? TM Mobile Application Thank You! Anshu Saxena Arora Associate Professor of Marketing, Savannah State University aroraa@savannahstate.edu Amit Arora Assistant Professor of Logistics / SCM, Savannah State University aroraam@savannahstate.edu 40