Haslam Supply Chain Faculty Featured in UPS and BT Blogs

Paul Dittmann, director of the Haslam College of Business’s Global Supply Chain Institute, was recently featured in the UPS blog Longitudes discussing the impact of supply chain strategy in the health care industry. Read the full article here.

Mike Burnette, associate director of the Global Supply Chain Institute, gives five steps for improving a company’s supply chain in the company blog for BT, a global communications corporation based in the United Kingdom. Access the full post here.

Posted in 2015 | Tagged , ,

Then & Now: Boyd Venture Challenge Winner, InHouse GFX

ThenAndNowAs is the case with many entrepreneurs, Tony Smith’s path to graphic design and what would become InHouse GFX was somewhat indirect, beginning in high school.

“In high school I wanted to start a website called The Young Successors that connected young entrepreneurs so they could network and save money by leveraging each other’s talents,” Smith said. “But since I was in high school, I didn’t have money to pay for marketing and graphic design, so I tried to convince a friend to teach me Photoshop. He didn’t really want to teach me, so I ended up going to YouTube and watching tutorials instead.”

Smith picked up the basics pretty quickly, often looking at other graphic design pieces and trying to replicate them. While his initial website idea never really got off the ground, by the time he got to college, he had developed a broad Photoshop skillset.  Read more..

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UT Launches New Doctoral Concentration in Business Analytics

KNOXVILLE—Starting this fall, the University of Tennessee, Knoxville, will offer a new doctoral concentration in business analytics to prepare students to pursue research and teaching in this rapidly growing field.

The program will be based in the Department of Business Analytics and Statistics in the UT Haslam College of Business.

The doctoral concentration in analytics is structured with two years of coursework followed by students conducting a formal dissertation. The program begins in fall 2015.

“The primary goal of the analytics doctorate is to provide qualified candidates with the intellectual and professional capabilities needed to pursue a research and teaching career in the rapidly growing field of analytics at an academic institution,” said Mandyam Srinivasan, director of the Ph.D. program in the Department of Business Analytics and Statistics and Pilot Corporation Chair of Excellence. “In support of our mission, we have recently hired three faculty members and are actively recruiting additional faculty.”

The Ph.D. concentration in analytics is designed to have faculty work with students in a collaborative relationship to create a high level of learning and research productivity. In addition to a focus on research productivity, the program will prepare students for classroom teaching.

The program’s curriculum draws upon methodologies and techniques from four closely related fields in the department: statistics, data mining, management science, and operations management.

UT’s business analytics program has been recognized for its quality by local and national publications including U.S. News & World Report, Forbes, InformationWeek, and My College Guide.

To learn more about the new doctorate of in analytics, visit http://bas.utk.edu/academic-programs/phd/default.asp.

CONTACT:

Lola Alapo (865-974-3993, lalapo@utk.edu)

Tanya Brown (865-974-1570, tgbrown@utk.edu)

Posted in 2015

Haslam Students Travel to Charlotte to Meet with Top Corporations

Haslam-StudentsA group of 22 graduate and undergraduate students travelled to Charlotte, North Carolina, earlier this month for a biennial professional development conference. Students met with executives at Dixon Hughes Goodman, Bank of America, PricewaterhouseCoopers, EY and the Charlotte Hornets to learn more about these companies and improve their networking skills.

The Office of Diversity and Community Relations worked with the National Association of Black Accountants and Diverse Organizations of Business Students to organize the trip. Janice Branch, coordinator of diversity initiatives for the Haslam College of Business, says the goal was to expose students to multiple careers and the professional environment.

“We wanted students to polish their 30-second elevator pitch, practice networking and learn that there are a variety of paths they can take to get where they want to be,” says Branch. “Charlotte is the financial capital of the South, and the Haslam College of Business has formed many professional relationships and partnerships with organizations there. This was a wonderful opportunity to expand our students’ career passion and purpose.”

Students used the trip to build personal contacts with potential future employers and get their foot in the door at some of the organizations. In addition to their informational sessions, they also attended a social event hosted by the National Association of Black Accountants and a Charlotte Hornets basketball game.

Participants were selected based on their leadership skills. They represented a variety of majors and ranged from first year undergraduates to MBA students. Faculty member Randy Bradly, of the marketing and supply chain management department, also was a facilitator and organizer of the trip.

Fore more information about future professional development opportunities, contact Janice Branch, Coordinator of Diversity Initiatives, Haslam College of Business, 865-974-8835, jbranch2@utk.edujbranch2@utk.edu.

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Interdisciplinary Entrepreneurship Minor to be Offered Beginning Fall 2015

Starting this fall, UT will offer an interdisciplinary minor in entrepreneurship as a way to bolster the entrepreneurial culture of the campus and the Knoxville area.

The UT Faculty Senate approved the minor Monday, February 2, making it an official offering for UT Knoxville and UT Institute of Agriculture students from all academic programs and fields of study.

Read more

Posted in 2015

UT’s Haslam College of Business supply chain program ranked 5th by U.S. News

Graduate programs at the University of Tennessee, Knoxville’s Haslam College of Business are among the best in the nation, according to the 2016 U.S. News and World Report graduate school rankings released today (Tuesday, March 10).

Haslam’s supply chain management program climbed to eighth in the nation and fifth among publics. In 2014, the supply chain program was ranked 11th in the country and seventh among public schools.

In addition to the specialty lists, Haslam fared well in the MBA rankings. The Best Business Schools report highlights an upward shift for the college’s full-time MBA program, which ranked 32nd among public institutions, a five-spot jump over the 2014 rankings report. The college’s program is ranked 63rd nationally, up from 65th two years ago.

Steve Mangum, dean and Stokely Foundation Leadership Chair of the Haslam College of Business, said the rankings reflect the college’s and UT’s commitment to becoming a Top 25 institution.

“Our No. 1 priority at the Haslam College of Business is to educate students in an environment that uses quality research and instruction to transform the world of business for the better and inspire innovation across our state and the globe,” Mangum said. “We are honored to be included among U.S. News and World Report’s Best Business Schools, and are pleased at the continued recognition of our supply chain MBA as among the best of its kind in the country.”

All 453 master’s programs in business accredited by the Association to Advance Collegiate Schools of Business International were surveyed by U.S. News and World Report during the 2013-14 academic year to compile the rankings. Schools were evaluated based on a variety of weighted criteria, including peer and recruiter assessment scores, placement success, mean starting salaries of graduates, employment rates in the full-time master’s programs, student selectivity, mean GMAT and GRE scores, undergraduate GPA and acceptance rates.

Specialty rankings, such as the supply chain rank, are based solely on ratings by business school deans and directors of accredited master’s programs from the list of schools surveyed. They were asked to nominate up to 10 programs for excellence in each of the areas listed. Those schools receiving the most votes in each specialty are listed and numerically ranked in descending order based on the number of nominations they received.

The rankings are available in their entirety in the U.S. News Grad Compass at http://www.usnews.com/usnews/store/grad_school_compass and on newsstands.

About the Haslam College of Business:

The Haslam College of Business at the University of Tennessee, Knoxville, founded in 1914, consists of approximately 5,500 undergraduate and graduate students. Its six departments, nine centers and institutes, four forums and graduate and executive education programs reach across the for profit, not-for-profit and governmental sectors of business, with a heavy emphasis on practical research. ThUniversity of Tennessee, Knoxville, was founded in 1794 and was designated Tennessee’s land-grant institution in 1879.

CONTACT: Tanya G. Brown, Executive Director of Marketing and Public Relations, Haslam College of Business, tgbrown@utk.edu, (865) 974-1570.

Posted in 2015

UT Study Ties Distribution Management to Success in Online Business

E-commerce in the United States grew by an average of 15 percent in each quarter of 2013 and 2014, outpacing the total national retail spending growth by almost double, according to the U.S. Census Bureau. Internet sales are becoming pivotal to retail success, but to truly compete online companies must rethink distribution networks built to serve the brick and mortar store model.

In response to this growing demand on supply chains, faculty at the University of Tennessee, Knoxville’s Haslam College of Business have identified best practices for modern distribution centers across 11 key functions. UT supply chain management faculty surveyed more than 200 companies and worked with one of the nation’s leading third party logistics companies in conducting the research that is collected in its new report, “The ABCs of DCs.”

The research concludes that distribution centers must be dynamic to meet customer expectations as Internet orders increase. Cost can no longer be the sole motivator for warehouse management. Distribution centers must adopt modern tools like advanced shipping notices and warehouse information systems to maximize accuracy and efficiency and routinely seek to optimize their networks.

Those who do adapt early are reaping the benefits. In 2013, Amazon posted larger sales than the next nine online retailers combined, and a major differentiator was its product delivery efficiency.

“Logistics professionals who operate distribution centers are expected to improve customer responsiveness, decrease cost and manage higher volumes every year,” says Paul Dittmann, executive director of UT’s Global Supply Chain Institute. “We found that the most efficient DCs found innovative ways to meet all three of these demands rather than sub-optimizing one of the three.”

“The ABCs of DCs” is the fifth in the UT’s Game Changing-Trends in Supply Chain Series. Kenco, a leading provider of integrated logistics solutions and technology, sponsored the report.

“This study outlines the most significant challenges we’ve seen our clients facing over the past few years, and it conveys creative solutions to meet the growing demand on warehousing providers for information technology and value added services,” says David Caines, chief operating officer at Kenco. “It’s worth noting that the trends identified in the study cut across virtually every warehouse business model.”

To read the full report, please visit http://globalsupplychaininstitute.utk.edu/publications/white-papers.asp.

CONTACT: Katie Bahr, writer/publicist, Haslam College of Business, 865-974-3589, katiebahr@utk.edu

 

 

Posted in 2015