University of Maryland’s Robert H.
Smith School of Business
Works to Solve Supply Chain Challenges with
New Book and Practitioner Roundtable
Park, Md. – Oct. 6, 2010 – The Supply Chain Management
Center at the University of Maryland’s Robert H. Smith School of Business is
bringing together top industry and government leaders to address inefficiencies
in today’s supply chain and come up with innovative ways to manage risk. The
center spearheaded a recently released book, “X-Treme Supply Chain Management: A
Guide to Mastering Business Volatility,” and yesterday hosted an executive
roundtable discussion among senior government and business leaders on the
implications of the global economic crisis for supply chain management.
“With constant change, economic challenges and the havoc that events such as
Gulf oil spills, natural disasters and terrorist threats can create, old models
of balancing supply and demand are no longer effective,” said Sandor Boyson,
research professor and co-director of the Supply Chain Management Center at the
Robert H. Smith School of Business. “It is critical that industry and government
leaders work together to address extreme business volatility issues in the
global supply chain and we are happy we can provide the thought leadership to
help guide some of those conversations.”
Leaders from the U.S. Department of Transportation, NASA, the U.S. Department
of Defense, Lockheed Martin, National Institutes of Health and other
organizations met to discuss supply chain management at the Smith School’s
classroom space in the Ronald Reagan Building and International Trade Center.
The event was co-sponsored by the Council of Supply Chain Management
Professionals (CSCMP) and government consulting firm LMI. The discussion
centered around some of the book’s key findings and how executives can re-think
the management of supply chains in the current volatile business climate with
risk from global economic pressures.
Edited by Boyson, center co-director Professor Thomas Corsi and senior fellow
Lisa Harrington, the book is a collaboration with CSCMP and co-contributors from
some of the industry’s leading corporations and organizations. The book also
includes a companion tool kit, developed by Smith’s Supply Chain Management
Center and Interactive Learning Solutions Inc., that provides practitioners with
simulations and spreadsheets to manage volatility in their supply chains.
Sterling Commerce, an IBM company, is the project’s technology sponsor and a
co-contributor. Published by Routledge, the book was introduced on the West
Coast last week at CSCMP’s annual global conference in San Diego.
“CSCMP’s goal is to provide a forum to help supply chain professionals from
around the world stay current on trends, best practices and thought leadership
in their fields,” said Rick Blasgen, president and CEO of CSCMP. “By tackling
the challenges of volatility, this book not only supports this goal, but
addresses issues that will be top-of-mind for corporate leadership for years to
The Smith School’s Supply Chain Management Center
provides research, consulting services and education highlighting the latest
advances in e-supply chain management. The school also offers a range of supply
chain management academic courses. The Smith School’s logistics,
transportation and supply chain management program is consistently
recognized among the best business school programs in the country. U.S. News
& World Report ranked the undergraduate program No. 8 and the
MBA program No. 15 in the United States in 2010. The Smith
School is launching a master’s of business in supply
chain program in fall 2011. Smith’s supply chain management curriculum
incorporates all aspects of the industry, including expanding global networks
and cutting-edge technology.
About the Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader
in management education and research. One of 12 colleges and schools at the
University of Maryland, College Park, the Smith School offers undergraduate,
full-time and part-time MBA, executive MBA, MS in business, PhD and executive
education programs, as well as outreach services to the corporate community. The
school offers its degree, custom and certification programs in learning
locations in North America and Asia.