Tag: Technology



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]

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A Boeing Center digital production

The Boeing Center

Supply Chain  //  Operational Excellence  //  Risk Management

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Technology is changing the landscape of supply chain at a breakneck pace, and organizations that are able to stay ahead of the curve often enjoy a significant advantage over their industry competitors. Digitization, cloud computing, big data, Internet of Things, and artificial intelligence are all major factors in shaping operational strategy. These manufacturing innovations have given rise to a trend dubbed Industry 4.0.

John Stroup, President and CEO of Belden Inc., paid a visit to The Boeing Center to share his wealth of knowledge, and to give a brief history of Industry 4.0, aka the Smart Factory. He explained that Industry 4.0, a term coined in Germany, is the fourth major iteration in manufacturing processes. “‘Smart Manufacturing,’ ‘Intelligent Factory,’ and ‘Factory of the Future’ all describe an intelligent, flexible, and dynamic production facility, where machinery and equipment will have the ability to improve processes through self-optimization and autonomous decision-making,” said Stroup. The major improvements from 3.0 to 4.0 are the ability to automate complex tasks (even remotely) and the access to data across the whole supply chain that allows for greater flexibility and connectivity.

Stroup went on to discuss the key characteristics of the Smart Factory and how innovations in digital technology have improved existing business models and enabled new ones. Such innovative technology allows for improved productivity, flexibility, and decision making, all of which benefit manufacturers and consumers alike.

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

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A Boeing Center digital production

BCSCI

Supply Chain // Operational Excellence // Risk Management

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Alumni in the news

Mary P. Heger, a 2001 graduate of Olin’s Executive MBA program, is senior vice president and chief information officer (CIO) for Ameren Services, a subsidiary of Ameren Corporation. The St. Louis Business Journal named her one of its Technology Executives of the Year for 2017.

Hager directs the staff responsible for all IT application development, infrastructure, networks and future business technologies that includes 550 employees in Missouri and Illinois. Her responsibilities include Ameren’s data center and network communications, planning and cybersecurity.

Heger began her career in 1976 at Union Electric Company, now known as Ameren Missouri, and moved into information technology as a programmer in 1981. In 1992, she was promoted to assistant treasurer and manager of investor services.

After serving in various management positions, she was promoted to director of development for information technology in 2004. In 2009 she was promoted to vice president of information technology and Ameren Services Center, which included managing payroll, bill processing and accounts payable. In 2012 she assumed the role of chief information officer.

Heger holds a bachelor’s degree in management from Maryville University in St. Louis. She is a member of the board of International Institute and a former board member of Craft Alliance and SouthSide Early Childhood Center. She also is a graduate of Leadership St. Louis®, one of the most highly-respected leadership development programs in the nation.

In August 2013, Heger was named one of the most influential business women in St. Louis by the St. Louis Business Journal. Other awards include the Maryville University 2014 Deans’ Award, a YWCA 2010 “Leader of Distinction” award and Diversity Journal named her among the “Women Worth Watching” in 2011. In 2015, Heger was recognized by STEMConnector® as one of the top 100 CIO Leaders in STEM. She has served on the Diversity Council at Ameren and is currently the co-chair of Ameren’s United Way Employee Campaign.

Link to St. Louis Business Journal article, “Mary Heger, senior vice president and CIO at Ameren: 2017 Technology Executives of the Year”

Sources: Ameren website, St. Louis Business Journal

 

CATEGORY: Career, News

In order to reduce operational costs and maximize beer freshness, Anheuser-Busch InBev is constantly identifying new tracking technologies to help them stay on top of their shipments. Many carriers have their own digital portals showing the location and route of their trucks, but since ABI contracts with hundreds of different carriers, the time and complexity needed to manage shipment logistics requires a different solution.

As a result, they’ve developed an application that allows logistics managers to log into a single portal and see real-time tracking on all trucks.  Unlike other existing portals, ABI’s aggregates many different carriers’ data feeds in a single user interface. In addition to seeing where the trucks are, they can also see what routes they’ve taken to get there, the contents of each truck, and the estimated time of delivery. The application is available to wholesalers as well, allowing them to plan ahead for the unloading process.

Navigation in phone. Isolated 3D image

The technology also allows ABI to utilize a tracking technology called “geofencing.” As soon as a truck crosses these virtual fences, a sensor pings their distribution centers and lets them know its exact location and the time it arrived at that location. It also gives them insight into their operational efficiency (i.e., how quickly the trucks are being unloaded and turned around).

By using these technologies, ABI is able to have greater visibility of its supply chain on a granular level. They can then take this information to identify the most efficient carriers and negotiate rates.

In the video above, Dan Hazlett and Matt Gordon of ABI describe some of the innovative technologies they are employing to improve the visibility of their payloads. This is a highlight of their presentation at the 2016 Boeing Center Industry Conference at Washington University.

By Evan Dalton

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

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A Boeing Center digital production

BCSCI

Supply Chain // Operational Excellence  //  Risk Management

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In her presentation at the 8th annual Boeing Center Industry Conference, Natacha Alpert, innovation lead at Caleres, spoke about the future of the fashion industry. She described how technologies such as 3D printing and body scanning are being used to manufacture consumer products with a high degree of customization, as well as how Caleres is using 3D digital design to decrease lead times and drive strategy.

According to Natacha, 3D printing, design and scanning are the new roadmap to the future.  She believes within the next five years, the footwear industry will experience a paradigm shift that will help improve the way consumers shop and, subsequently, will change how we will look at manufacturing design in the future.


For more supply chain content and cutting-edge research, check out our social media network [@theboeingcenter].

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