Dr. Lawrence M. Seiford from University of Michigan visits INFORMS@USF.
Nov 22, 2016 by Nazmus Sakib
Del and Beth Kimbler Lecture Series
Dr. Lawrence M. Seiford from University of Michigan
Topic: The Art & Science of IE Practice: Michigan’s Tauber Institute Student Projects Save Hundreds of Millions of Dollars Annually
For more than 20 years The University of Michigan’s Tauber Institute for Global Operations has impacted operations worldwide. From the outset, it was created as a partnership between Industry, the University of Michigan College of Engineering (CoE), and the Ross School of Business (RSB) and was specifically developed to produce a new kind of operations graduate – one with an exceptional academic background, relevant professional experience, and most importantly, one who can successfully integrate business and engineering perspectives to lead international corporations into the future.
The Tauber Institute's emphasis is on the total operations enterprise, including manufacturing strategy, supply chain design and management, product development, logistics, information technology, production and delivery. Elements of the program include the Leadership Advantage program, multidisciplinary coursework, facility tours and challenging team projects in industry. In 2016 thirty-two student team projects achieved total savings over three years of $460 million.
This talk highlights the rationale, development and current state of the Tauber Institute for Global Operations in an effort to serve as a blueprint and inspire others to implement innovative and effective educational programs.