UT Haslam News
The Role of Integrated Business Planning in Growth Companies
Integrated business planning (IBP) is a process that can deliver efficiency and cost savings to all aspects of a supply chain. While implementing an IBP process may involve structural changes in how business and operations planning is done within an organization, the resulting improvements in supply chain operations are worth the effort.
Supply Chain, Business Analytics Rise in U.S. News and World Report Undergrad Rankings
Two programs in the University of Tennessee, Knoxville’s Haslam College of Business were recognized as best-in-class contenders in the 2022 U.S. News and World Report Best Undergraduate Business
Global Procurement: The Risks and Benefits to the Supply Chain
The rise of global sourcing leads to new supply chain management challenges. Today, it means anticipating shortages and demand spikes before they happen.
First Recipient of Ryder Endowed Professorship in Supply Chain Management Named
The University of Tennessee, Knoxville’s Haslam College of Business has announced Yemisi Bolumole as the first Ryder Endowed Professor in Supply Chain Management. The endowment, which Ryder made earlier in 2021, was matched with funding from the $40 million gift the Haslam family presented to the college last year.
Cost Avoidance: Not Everything That Counts Is Counted
The purchasing department holds the keys to organizational spending — in some industries, it accounts for more than 80 percent of the cost of sales. Purchasing meets its metrics by cutting costs, commonly recognized as spending less for an item this year than last. But purchasing also makes a significant contribution through cost avoidance, which means making a concerted effort to pay less for something than you would have otherwise, or to avoid an expense altogether.
Rising Senior Earns Trifecta of Supply Chain Scholarships
Supply chain management major Bridgette Larsen of Winchester, Virginia, recently was honored with the R. Gene Richter Scholarship, the country’s preeminent supply management academic award. She becomes the second student from the Haslam College of Business at the University of Tennessee, Knoxville, to garner the scholarship in its 17-year history. Earlier this year, Larsen
COVID-19 Drives Shareholders to Value More Resilient Supply Chain Design
For almost 20 years, supply chains’ value to the organization centered on efficiency and cost minimization, creating complexity and—as COVID-19 has demonstrated in the extreme—leaving enterprises vulnerable to disruption.
In Memoriam: Mary Holcomb
Mary Holcomb, professor at the Haslam College of Business for more than 28 years, passed away on Friday, February 12, 2021. Mary was a true Vol for life.
A Logistics Logjam Is Coming – Are We Ready?
Two irresistible forces soon will crash together in the Western world: the e-commerce boom and the accelerating population shift to urban areas. When these two trends collide, they’ll create a challenge that United States and European logistics systems currently can’t handle.
Purchasing’s Hidden Dilemma: Conflicted Role in New Product Development Costing
Organizations that want to remain competitive make controlling costs and growing profit margins top priorities.