Supply Chain Risk

McCombs School of Business

McCombs School of Business

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About the course

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.

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

Experts

Thomas Sager

Biography Sager, Thomas W. Professor, Department of Information, Risk, and Operations Management Tom Sager received his B.A., M.S., and his Ph.D. from the University of Iowa. His teaching and research interests are in applied and theoretical statistics, insurance and financial statistics.

Rayan Bagchi

Biography Bagchi, Uttarayan Professor, Department of Information, Risk, and Operations Management Rayan Bagchi received his B.Sc. and M.Sc. from the Indian Institute of Technology (Kharagpur), his M.S. from Washington State University, and his Ph.D. from Pennsylvania State University. His researc...

Supply Chain Risk at McCombs School of Business

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Disclaimer

Coursalytics is an independent platform to find, compare, and book executive courses. Coursalytics is not endorsed by, sponsored by, or otherwise affiliated with any business school or university.

Full disclaimer.

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