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
Making the Case For: An Automated Dimensioning Solution
Read our new Making the Case download to learn how a growing number of shippers are managing these market pressures and realizing significant ROI from investments with the help of automated dimensioning solutions.
Download Today!
From the December 2017 Logistics Management Magazine Issue
Trade and transport analysts see rates rising across all modes in accordance with continued expansion of domestic and international markets. Economists, meanwhile, say shippers can expect revenue growth in transport verticals to remain in the 3%-plus range.
2018 Customs & Regulations Update:10 observations on the “digital trade transformation”
Moore on Pricing: Freight settlement and your TMS
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2018 Rate Forecast
Join our panel of top oil and transportation analysts for an exclusive look at where rates are headed and the issues driving those rate increases over the coming year.
Register Today!
EDITORS' PICKS
Building the NextGen Supply Chain: Keeping pace with the digital economy
Peerless Media’s 2017 Virtual Summit shows how creating a data-rich ecosystem can eliminate...
2017 NASSTRAC Shipper of the Year: Mallinckrodt; Mastering and managing complexity
An inside look at how a large pharmaceutical firm transformed its vendor and supplier relationships...

2017 Alliance Awards: Recognizing outstanding supply chain partnerships
In an era where effective supply chain collaboration is both highly valued and elusive, Logistics...
26th Annual Study of Logistics and Transportation Trends: Transportation at Digital Speed
While a majority of companies strongly agree that transportation is a strategically important...