Supply Chain Risk

SCM|Supply Chain Management

What are some of the major challenges in supply chain management?

Objective

Successfully navigate a business enterprise through risk and uncertainty. You will learn to build risk into decision-making processes by exploring methods and statistical tools to systematically reduce risk in your supply chain environment.

Topics
  • Concepts of statistics for supply chain management
  • Forecasting
  • Inventory management
  • Risk analysis
Benefits
  • Understand how business enterprises operate in an environment with varying risks
  • Discover the methods for building risk into your decision making
  • Learn to use statistical tools to help with forecasting and developing inventory targets to manage uncertainty
Class Outline
  • Risk
    • Overview
    • Decision Trees
    • Case-based exercises
  • Statistics
    • Overview and refresher
    • Risk Pooling
    • Service Levels
  • Forecasting
    • Estimation
    • Ranges
    • Confidence
  • Inventory
    • Dealing with uncertainty through inventory
    • Economic Order Quantity
    • Pricing/Revenue Management
    • News Vendor Model
Faculty

Tom Sager, Ph.D., Professor, Department of Information, Risk, and Operations Management
Rayan Bagchi, Ph.D., Professor, Department of Information, Risk, and Operations Management

Course Details

Price: $2,560.00

Supply Chain Risk

Date
Duration
Location
Instructor

05/28/15 - 05/29/15

8:30 a.m. - 4:30 p.m.

JJ Pickle Research Campus - Commons Learning Center 10100 Burnet Rd, Bldg. 137 Austin, TX 78758

Thomas Sager
Rayan Bagchi