Supply Chain Management: Where Rail Can Make the Difference
June 20, 2017 - June 22, 2017 | 8:00 am - 4:00 pm
The James B. Henry Center for Executive Development
Railway Management Focused Seminar – June 20-22, 2017, MSU East Lansing, MI
Michigan State University’s Supply Chain Management programs are ranked #1 in North America. This seminar combines academic frameworks, real-world examples and experience with discussion of leading practices and trends. Our logistics professors’ executive education experience over more than 50 years is combined with subject matter experts from the freight rail industry to provide a unique perspective for shippers, customers and rail operators, including sales and marketing managers.
Key Learning Outcomes:
- Leverage logistics, rail management and integrated supply chain management to contribute to firm competitiveness;
- Understand how logistics concepts and practices can be synthesized to achieve superior supply chain performance;
- Raise awareness of emerging trends in supply chain management, opportunities and implications for rail freight;
- Share and discuss leading practices in a collaborative learning environment designed to bring value to every organization.
Draft Seminar Schedule:
9:00 a.m. – 12:00 p.m. Supply Chain Management Foundations
- Framework & Scope;
- Demand Variation, Inventory, Warehousing;
- Timeliness, Reliability, Flexibility, Responsiveness;
- Network Structure, Information & Decisions;
- Skills, Capabilities & Competencies
- Simulation Part I.
12:00 – 1:00 p.m. Lunch
1:00 – 4:00 p.m. Supply Chain Integration
- Simulation Part II;
- Customer & Channel Relationships & Integration;
- Supplier Relationships & Integration;
- Transportation Integration;
- Communication and Networking;
- Discussion – Implications & Opportunities.
9:00 a.m. – 12:00 p.m. Safety, Risk, Security & Management Consequences
- Skills, Capabilities & Competencies;
- Packaging & Modal Choice;
- Big Data and Analytics;
- Risk Avoidance, Planning & Mitigation;
- Resilience and Sustainability;
- Case Study.
12:00 – 1:00 p.m. Lunch
1:00 – 4:00 p.m. Supply Chain Metrics & Measurement
- Traditional SCM Metrics and Fit with Railway Measures;
- Difference Between Outputs and Outcomes;
- Sensing, Responding and Improvement;
- Operating Ratio – Fact or Fiction?
- Developing Meaningful Measures;
- Discussion – Implementation.
9:00 a.m. – 12:00 p.m. Emerging Trends in Supply Chain Management
- Multi-faceted Integration (MSU BTH Bridge)
- Talent – Sources, Retention, Leadership Development
- Automated Vehicles
- Consumer Trends
- Conclusion – Opportunities & Implications
12:00 p.m. Depart
The James B. Henry Center for Executive Development is located at Michigan State University. The overall complex consists of the Henry Center, Candlewood Suites (an extended-stay hotel), the University Club (a private dining and recreational club), a fitness center/spa, and an on-site 18-hole championship golf course. The Henry Center is a world-class executive education and corporate learning facility specifically designed to complement the learning objectives of this seminar.
Who Should Attend:
Middle or senior managers, and executives in Class I, regional, and short-line railroads, shippers, transportation customers, and others with interest in the freight rail sector. The seminar content will be most appropriate to those with responsibility for strategic and tactical management covering transportation, operations, logistics, or supply chain. Railroad sales and marketing managers will gain an overview of supply chain management to better understand and fulfill customer needs.
$2,125 – full tuition (includes materials, meals and certificate of completion)
$1,975 – early bird discount registration (available through May 19, 2017)