This is not an entrepreneurship course. Cross-listed with MGMT 691/OIDD 691/LGST 806. Supply chain management is vitally important for retailers and has been noted as the source of success for many retailers such as Wal-mart and Home Depot, and as an inhibitor of success for e-tailers as they struggle with delivery reliability.
Specific course topics include designing service systems, managing inventory and product variety, capacity planning, approaches to sourcing and supplier management, constructing global supply chains, managing sustainability initiatives, and revenue management. Offering high-quality products and services at competitive prices is no longer a sufficient business strategy.
Prerequisites: Students who have already taken OIDD 612 and STAT 613 should be well equipped for this class. The course will spend time on risk financing, including insurance markets. OIDD654 - Product Management. The course aims to develop students in three specific ways. Other students should have a solid understanding of elementary probability, statistics and constrained optimization.
Jun 2020 – Present 1 month. The course consists of a set of site visits and in-class sessions which include lectures, case discussions and management speakers who will describe their company's current strategy.Matching supply with demand is an enormous challenge for firms: excess supply is too costly, inadequate supply irritates customers. Some businesses spun out of the course and now managed by alumni include Terrapass Inc. and Smatchy Inc.
The course is intended for students who have strong interest in finance.
The specific content of this course varies from semester to semester, dependingon student and faculty interest. This course will study the many questions that arise in the management of such global supply chains, including: Which design and production activities to do in-house and which to outsource?
Other students should have a solid understanding of elementary probability and statistics.
There will be particular emphasis on climate risk management, including both physical impact risk and transition risk, although the course will also discuss several other examples, including management of environmental risks, terrorism, and cyber-security, among other examples. See M. L. Fisher, A. Raman and A. McClelland, "Rocket Science Retailing is Coming - Are You Ready?," Harvard Business Review, July/August 2000 for related research.This course is designed as an introduction to the process of product design with a focus on Web-based desktop and mobile consumer products and services. Brand equity, marketing metrics, competitive marketing strategies, product line strategy. The course addresses these topics through a mixture of lecture, case discussion, and hands on exploration of a variety of data sets.The specific content of this course varies from semester to semester, depending on student and faculty interest.This course covers a range of analytical methods that are useful tools for capacity management in services, and it will provide you with insights into the economics of a range of services businesses including (i) High-level planning models that account for multiple dimensions of service capacity, (ii) Low-level models of system congestion that capture the relationship between capacity choices, quality of service and, in some cases, system revenue, (iii) Statistical estimation and forecasting models to characterize key measures of future supply and demand. From small start-ups to Fortune 500 companies, he has helped companies become more innovative, often by implementing innovation tournament events and by helping to restructure their innovation portfolio.He studied Economics at Stanford University and earned an M.A. We focus on decisions and challenges that many firms that try to scale their operations face with the focus on assessing the readiness of the firm to scale, and the required steps to scale. Those with moderate to advanced technical background may find the course a useful survey of emerging technologies. We will discuss what frameworks founders should learn from product management and ask Ha to share what she sees as the difference … In particular, services are intangible, not storable or transportable, and often highly variable. Join WAFFA for a conversation with Ha Nguyen, Partner at Spero, Board VP of Women In Product, former PM, and Wharton grad. In some cases, that means ensuring that whatever practices and approaches we adopt are backed up by solid evidence as to their effectiveness.
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Wharton MBA product management