University of Tennessee refines its focus on future of logistics management

“We think it’s important that this research be applicable in business, to help in the process of separating truth from hype,” said Ted Stank, UT supply chain management professor and Bruce Chair of Excellence.

By ·

In its ongoing quest to help U.S. multinationals remain competitive in the global marketplace, the University of Tennessee’s Global Supply Chain Institute recently convened its private sector “advisory board” in Chicago for a one-day forum.

“UT’s supply chain faculty was recently ranked number one in research productivity,” noted Ted Stank, UT supply chain management professor and Bruce Chair of Excellence. “We think it’s important that this research be applicable in business, to help in the process of separating truth from hype.”

The purpose of the forum was twofold, said Stank. First, to make sure the Institute was “focused” on the right issues. Secondly, we must determine if the structure is in place to conduct the most meaningful research.

“There is a value to partnering with an academic institution,” said Stank, “because we bring a certain objectivity in terms of talent management – our students are your future employees.”

In his presentation, “Demand and Supply Chain Integration (DSI): Thought Leadership Benchmarking Research,” Stank outlined three key initiatives.

*New product development and innovation:  How the supply chain can help speed product to market.

*Shopper-oriented marketing.

*Supply Chain functional integration – integrating within supply chain functions, itself.
“What would the processes look like in each of these areas if decisions were made based on what would create the best end-to-end supply chain?” asked Stank.

More than 20 supply chain vice presidents and business leaders attending the forum at Chicago’s Intercontinental O’Hare Hotel, may have come up with a collective answer. Industry “sponsors” also suggested that there be also be three levels of interaction with UT:

*The Forums (50 member firms)

*Demand & Supply Integration (DSI) research associates

*Leadership council (comprising a small group of 10-20 firms) to work with industry in setting up benchmarking research agenda.

“The other main value proposition here,” said Stank, “is talent management and development.”

He explained that industry partners will have “preferred access” to UT undergraduate and MBA students who are well prepared to take on management opportunities once they are recruited.


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Latest Whitepaper
Identify Cost Savings with Real-Time Visibility
To offset the impact of late shipments, unreported delays and detention, shippers are increasingly requiring 100 percent visibility into the location and status of their freight.
Download Today!
From the August 2017 Logistics Management Magazine Issue
Which carriers, third-party logistics providers, and North American ports have crossed the service excellence finish line ahead of their competitors? Our readers have cast their votes, and now it’s time to introduce this year’s winners of the coveted Quest for Quality Awards.
BMW Takes the Inland Road to Efficiency
Global Logistics: No Shortcuts to Security
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!
EDITORS' PICKS
34th Annual Quest for Quality Awards: Winners Revealed
Which carriers, third-party logistics providers, and North American ports have crossed the service...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...