In today's competitive global markets, no business can be successful without mastering the issues, problems and possibilities in managing supply chains. Forward-thinking managers must employ new technological and quantitative tools to devise an integrated approach to managing their entire business, including procurement, inventory, manufacturing, logistics, distribution and sales. Using effective information sharing and inventory control to streamline operations and coordinate activities throughout the supply chain will constitute the 21st century's paradigm for addressing the challenges from demanding customers and global competition. This broad, comprehensive approach is known as Supply Chain Management.
The Initiative's mission is to develop and analyze effective strategies and tactics for improving the competitiveness of business enterprises through successful management of their global supply chains.
We advance our Initiative's mission through research on current issues in Supply Chain Management by the Faculty Members and students; through the teaching of interdisciplinary courses and seminars for MBA and Engineering students, and through the dissemination of relevant knowledge through open forum meetings, invited talks, workshops and joined projects with the business community designed to implement supply chain strategies.
At the Supply Chain Management Initiative, we believe that research, teaching, and business practice are inseparable: through working with companies to implement the approaches that we develop, our research becomes more focused; what we learn through our research makes our teaching (in both formal classroom settings and in collaborations with businesses) more relevant and effective.
The Supply Chain Management Initiative envisions many possibilities for enhancing relevant research and teaching. The Initiative aims to promote research by faculty, by graduate students, and by visiting researchers from other universities and from industry. As a focal point for the exchange of information on supply chain management, the Initiative plans to hold research conferences and seminars for academics and practitioners. By engaging the interests of current faculty, and by attracting visiting faculty, we intend to increase the course coverage of supply chain management issues in both graduate and MBA courses. Specific activities undertaken by the Initiative reflect the interests of its faculty and its sponsors. Among the sources of sponsorship are research grants from various government agencies, infrastructural support from UC Berkeley, and grants and gifts from industry.