Tag: Boeing

Twenty years ago, through the exceptional generosity of the McDonnell Douglas Foundation, The Boeing Center for Technology, Information, and Manufacturing was endowed in the Olin Business School. Since then, we have served as a powerful catalyst for technology-driven innovation, process optimization, risk management, and global supply chain excellence.

In honor of our 20th anniversary, and to more accurately reflect our focus, we adopted a new look and changed our name to The Boeing Center for Supply Chain Innovation. And with a renewed vigor, we completed the most successful year in our history. Not only did we work on a record number of corporate projects, but we also hosted several events featuring exceptional speakers and supported research on a number of cutting-edge topics.

This spring, we welcomed Mike Pinedo, the Julius Schlesinger Professor of Operations Management at New York University, to talk about operational risk management in the service industry at our 13th annual Meir Rosenblatt memorial lecture. And we welcomed John Stroup, President and CEO of Belden Inc., to share his perspectives on Industry 4.0 and the emerging technologies that will impact the manufacturing industry and beyond. Both presentations were intellectually stimulating and thought provoking.

We also held our inaugural project competition and awards ceremony, the Project of the Year Symposium, which highlighted our top five corporate projects from the 2016-2017 academic year. The Symposium featured presentations from our student teams that worked on projects for Anheuser-Busch InBev, Belden, Boeing, Emerson, and Monsanto. The teams competed for awards in “Project of the Year,” “Greatest Immediate Business Impact,” and “Presentation Excellence,” and split a $10,500 prize pool. A summary of all our spring projects can be found below.

Our 3rd annual Supply Chain Finance & Risk Management Conference took place on May 14-15. The aim of the conference, which was attended by prominent academic researchers from top business schools from around the world, was to stimulate interactions and knowledge sharing at the interface of operations and finance, and supply chain risk management. The conference featured presentations based on current research trends, including real operations and risk management, crowd funding, finance, trade credit, and hedging. There was also a panel discussion on emerging themes and directions of the field.  One of the initiatives resulting from the conference will be an edited book, comprised of short papers submitted by attendees, to be published this fall as an issue in the Foundations and Trends in Technology, Information and Operations Management book series.

We would also like to share with you some of the corporate projects The Boeing Center and student teams have led for our corporate clients this year.

Lastly, we would like to thank all of our corporate member companies for providing us with the opportunity to offer valuable experiential learning to our students, who dedicated long hours to ensure delivery of insightful and impactful supply chain solutions. We hope you all had an awesome summer, and we look forward to working with you again soon!

Learn more about sponsored projects and membership through The Boeing Center.

Anheuser-Busch InBev

This project revolved around optimizing the inventory mix at distribution centers for some of ABI’s craft beer products, particularly Stella Artois. The team utilized mathematical models with the potential to reduce accessorial costs and increase product freshness. Student team:  Miles Bolinger, Sam Huo, Huyen Nguyen, Roberto Ortiz, and Jon Slack.

Belden

The team working on this project used the QR inventory modeling approach to identify opportunities and costs for improving service levels at PPC, a Belden subsidiary in Syracuse, NY.  Student team:  Bonnie Bao, Michael Stein, Yuying Wang, and Yuyao Zhu.

Boeing

The goal of this project was to determine the most influential order and part characteristics affecting on-time delivery statistics of Boeing’s transactional spare parts business.  Student team:  Vineet Chauhan, Phil Goetz, Brian Liu, Sontaya Sherrell, and Fan Zhang.

Edward Jones

The team’s objective was to analyze the technology deployment process at Edward Jones. They did this by conducting interviews and collecting survey data to run a capacity analysis and generate a personnel network diagram.  Student team:  Huang Deng, Wyatt Gutierrez, Cynthia Huang, Drew Ruchte, and Jamie Yue.

Emerson

The Emerson project team worked with ProTeam’s Richmond Hill facility to determine the optimal product mix, optimize inventory management of stock, and develop a data analysis model to facilitate future upkeep of the system.  Student team:  Kushal Chawla, Serena Chen, Kai Ji, Jeffrey Lantz, and Zoe Zhao.

Express Scripts

The purpose of this project was to optimize Express Scripts’ distribution network by considering logistics costs, formulary configuration, and inventory vs. service levels.  Student team:  Himanshu Aggarwal, Jinsoo Chang, and Janet Qian.

MilliporeSigma

In this project, the team worked with MilliporeSigma’s facility in Temecula, CA to develop a model to help determine the economic production quantity for each SKU based on customer demand, production cost, inventory value, and shelf life.  Student team:  Perri Goldberg, Youngho Kim, Ayshwarya Rangarajan, Prateek Sureka, and Flora Teng.

Monsanto

The objective of this project was to understand, define, and map out the credit processes within Monsanto.  Student team:  Hai Cao, Yanyan Li, Ashwin Kumar, Jonathan Neff, Tom Siepman, and Xukun Zan.

West Pharmaceutical Services

This project sought to accurately compute the approximate safety stock levels, reorder points, and replenishment quantities at West Pharma’s Kinston plant using a continuous review model.  Student team:  Matthew Drory, Rohan Kamalia, Mrigank Kanoi, Ray Tang, and Jiani Zhai.

For more supply chain digital content and cutting-edge research, check us out on the socials [@theboeingcenter] and our website [olin.wustl.edu/bcsci]

• • •

A Boeing Center digital production

Supply Chain  //  Operational Excellence  //  Risk Management

Website  • LinkedIn  • Subscribe  • Facebook  • Instagram  • Twitter  • YouTube

The Olin Veterans Association (OVA) hosted their 4^th Annual Dining Out Ceremony at the prestigious St. Louis Racquet Club. The crowd included thirty current MBA Veterans from all five branches of service, representation from thirty-six St. Louis companies including sixty prominent executives. The guests of honor were Jack Senneff, the President of the Mess, an Army Ranger Regiment Officer and current Managing Director at Thompson Street Capital Partners; the Keynote Speaker Jason Frei, a Marine Officer and current Director at Boeing Defense; and Mark Taylor, Dean of Olin Business School.

The Olin Veterans Association Military Dining Out Ceremony is an annual event to celebrate the partnership between the OVA and St. Louis business leaders who support Veterans with their time, expertise, and mentorship. Danny Henry, the OVA President and McKinsey Consultant, along with Joe Piganelli, the incoming OVA president, spent countless hours leading student and faculty teams to orchestrate the event and successfully doubled the headcount from the 2016 event.

Dean Mark Taylor was impressed with his first dining out experience, “I was deeply honored to host this event with the Olin Veterans Association…this momentous occasion celebrated the service of our military veterans and the tremendous support of our business community.”

The evening incorporated time honored military traditions such as Washington University’s ROTC Color Guard posting the American flag, a Washington University a capella group singing the National Anthem, and attendees raising their water glasses for a silent toast to remember our fallen comrades.

A crowd-favorite tradition was chastising guests who violated the Rules of the Mess. For example, one rule states, “Thou shalt not murder the Queen’s English.” If found guilty of murdering the Queen’s English, a penalty could include a monetary fine that supported Veteran scholarships and a trip to the “Grog Bowl”. The grog bowl was a combination of symbolic liquids and solids mixed together to represent the sacrifices of the Veterans both in combat and the MBA program. The crowd enjoyed the good-natured revelry as guests cited each other for violations.

Several current student OVA members to were able to enjoy the evening with their employers. Joe Rieser dined with his future supervisor Chip Hiemenz, the Director of Business Development at Hunter Engineering, and Dan Vitale sat with his former boss Rob Godlewski, Vice President of Commercial and Residential Solutions at Emerson. Dan enjoyed connecting with Rob again, “From the first day Rob ensured me that Emerson and the St. Louis Business community were committed to helping Olin Veteran Association members transition.”

The highlight of the night, was the guest speaker, Jason Frei. Jason, Director of Ethics and Business Conduct at Boeing Defense, a Purple Heart recipient, and an Eisenhower Fellow, centered his speech around his tenure as a Marine Artillery Officer. Jason was a natural born leader and the Marine Corps discipline and desire to bring the fight to the enemy was one of the main reasons he joined the Corps. He emphasized that his success was a result of his desire to lead Marines and he took every measure possible to keep them alive.

Unfortunately, Jason’s convoy was hit by an Improvised Explosive Device (IED), an event that physically and mentally changed his life and altered his career. After losing part of his arm, he decided to leave the Marine Corps and find a different path to lead and make an impact. He immediately enrolled in the MBA program at Notre Dame to launch him on his new career. Jason may have stopped serving in the Marine Corps however he took the lessons and leadership and brought them to Boeing Defense.

The OVA would like to thank the many guests that attended and to express our appreciation of the ongoing support of our faculty, staff, alumni, and honored guests. We look forward to the continued impact our veteran students make to our program and our community. Thank you to all our active duty service men and women for their continued sacrifice. We are grateful for those veterans who have served, many who are no longer with us today, and honor them with this event.

Guest Blogger: James Jacobs
VP of Communications, Olin Veteran’s Association
MBA ’17

The Skandalaris Center invites you to the final presentations, judging, and reception for the first-ever Boeing Patent Challenge to be held  Thursday, December 3 at 5:30 pm in Emerson Auditorium. Awards ceremony and reception to follow immediately in Frick Forum. RSVP here.

Six interdisciplinary student teams will be showcasing the intellectual property they translated, commercialized, and illustrated for the competition. There will be an opportunity for the audience to vote on their favorite team and the crowd favorite will win $500!

Here are the top 6 teams and their ideas:
A-Team: Horus redirects Boeing’s satellite Hyperspectral Imaging technology (“HSI”) inward to visualize previously unseen cancer biomarkers in real time to reduce cost, risk, and complications associated with cancer diagnostics.

[m]brace: [m]brace is an adhesive tracking device that reports real time information about people’s alcohol intake levels.

Nano Syntech: Nano Syntech produces self-sustaining power within wearable technology through proprietary material systems designed to continuously and autonomously charge wearable devices and reduce charging frequency.

OASIS: Oasis is a software middleware firm specializing in virtual reality (VR) eye tracking technology that helps the end user by preventing nausea, especially in long term use, via personalized image projections and benefits the VR device maker by accumulating user attention data for potential marketing applications.

PerfecTemp: PerfecTemp develops and produces a high-end modular insulation—primarily for use in clothing—that dynamically adjusts thermal properties to provide maximum comfort to the user over a broad range of ambient temperatures.

VLMVM: StentIT allows for effective and rapid internal monitoring of stents’ structural integrity without costly imaging modalities.

Where an educator’s influence on a student ends cannot be said for sure, as knowledge is a tool that provides infinite possibilities. A single educator can have a profound impact on his/her pupils if passion is at the core of learning. Panos Kouvelis, the director of the Boeing Center for Technology, Information, and Manufacturing, agrees.

Panos Kouvelis

Kouvelis is also the Emerson Distinguished Professor of Operations and Manufacturing Management.

Read more about his passion for education and BCTIM’s Partnership for Students here.

For more information about the Center, please visit www.olin.wustl.edu/BCTIM