Supply Chain Risk

McCombs School of Business

What are the topics?

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