Supply Chain Risk
What are some of the major challenges in supply chain management?
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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.
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.
Enjoy proximity to the vibrancy of the campus and downtown Austin, and the innovative, business-friendly environment of the city.
- 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
- Concepts of statistics for supply chain management
- Inventory management
- Risk analysis
- Decision Trees
- Case-based exercises
- Overview and refresher
- Risk Pooling
- Service Levels
- Dealing with uncertainty through inventory
- Economic Order Quantity
- Pricing/Revenue Management
- News Vendor Model
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.
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.
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.
What Participants are Saying
Lead, Sourcing and Supply Management, ConocoPhillips
Dr. Sager is very impressive. He provided a detailed view of a difficult subject in an entertaining way. And I understand why Dr. Bagchi has won awards for teaching excellence. He is brilliant, animated and entertaining. I enjoyed this course very much.
- Bonnie Nunnery
General Manager, Walmart eCommerce
Great explanation around concepts - mean and standard deviations, resource pooling, forecasting and risk assessments.
- Kelvin Hall