Supply chain management is the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally. Faculty address issues in a broad range of supply chain system contexts – ranging from homeland security issues through automotive environments – to online “look-ahead” inventory policies, service-differentiated stocking policies, and stocking policies for parts with highly correlated demands.
Research Area Faculty
A team led by Peter Frazier has been building decision-support tools, optimization methods and artificial intelligence approaches to help the U.S. Navy and Marines quickly and effectively transport people and supplies – including blood for transfusions – in the event of an overseas conflict or humanitarian disaster.