Welcome the era of Supply Chain Management II

Supply Chain Frontiers, a collaboration between Georgia Tech and its partners, seeks to develop a new supply chain management model.


More than half of all corporate growth plans are unsuccessful today as a result of supply chain failure, according to Wallace Buran, managing director of the Georgia Tech Supply Chain Frontiers Institute . But that's not so surprising to Buran, since supply chain management principles and risk assessment practices haven’t substantially chained in more than 40 years.

Supply Chain Frontiers is a collaborative effort between Georgia Tech and its partners, as well as private industry to readdress supply chain management via a set of initiatives for developing new models and principles, and launching educational forums that kick off this fall.

“Companies don’t know how to think about their supply chains today when they directly own only 20 percent of it or less,” Buran says. “Supply Chain Frontiers starts the process of developing a new and better way of thinking about the supply chain than the traditional model, [which is] one-dimensional, based on cost. [The current model] doesn’t consider risk, understand capacity constraints, or collaborate effectively with a network of suppliers.”

Buran’s group plans to investigate these shortcomings in proposal of a new supply chain management model.

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Controller programming; Safety networks; Enclosure design; Power quality; Safety integrity levels; Increasing process efficiency
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me