Supply Chain Risk

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

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Overview

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.

Supply Chain

Dive into the ideas behind value creation and come away with the tools to successfully manage your supply chain.

Two-Day Concentrated Program

Registration begins at 8:00 a.m. and class runs 8:30 – 4:30 both days with a one-hour networking lunch included.

Austin, Texas

Enjoy proximity to the vibrancy of the campus and downtown Austin, and the innovative, business-friendly environment of the city.

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

Topics

  • Concepts of statistics for supply chain management
  • Forecasting
  • Inventory management
  • Risk analysis

Special Features

  • 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

Additional Information

Prerequisites:None
CEUs: Participants earn 1.4 CEUs and/or 14 CPEs for this course. A certificate of completion will be presented from Texas Executive Education.
Course Credits: 1.00
Hotel Information: Texas Executive Education classes qualify for discounted hotel room rates at the AT&T Executive Education and Conference Center on a limited basis. Discount code will be provided on the course materials page after class registration is complete.


Faculty

Rayan Bagchi

Dr. Uttarayan "Rayan" Bagchi is a Professor in the Department of Information, Risk, & Operations Management at the McCombs School of Business, The University of Texas at Austin. His research and teaching areas of expertise include operations management, supply chain management, risk analysis, project management, and management of quality.

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Thomas Sager

Tom Sager received his PhD in statistics from the University of Iowa, and taught at Stanford University prior to his current appointment at The University of Texas at Austin. Tom has written articles on statistics from both applied and theoretical standpoints, including research on insurance companies, air pollution, law, auditing, quality, and mathematics.

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Course Details

Price: $2,950.00

There are no sessions scheduled at this time. For more information about the next class date, please contact us at execed@mccombs.utexas.edu or 512-471-5893.