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Education Round-Up.

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Best business schools of 2009

According to U.S. News & World Report , the path toward an M.B.A degree starts with finding the school that fits the student best. The magazine recently released its 2009 ranking of the best graduate programs in the country (grad-schools.usnews.rankingsandreviews.com ). Here's the list of the best business schools offering supply chain/logistics specialties:

Massachusetts Institute of Technology (Sloan)

Michigan State University (Broad)

Carnegie Melon University (Tepper)

Stanford University

Arizona State University (Carey)

Pennsylvania State University -- University Park (Smeal)

Ohio State University (Fisher)

University of Pennsylvania (Wharton)

University of Tennessee -- Knoxville

Northwestern University (Kellogg)

In-class simulation prevents real-world risk

The Lean Six Sigma Master Black Belt program at North Carolina State University (www.tx.ncsu.edu/sixsigma ) now includes classes using its new Simio (www.simio.biz ) simulation software. The class is designed for those making decisions or conducting process improvement projects, without being burdened with low-level programming. The software makes it easy for non-experienced users to build process simulation models. It helps minimize the risk of capital investments and clarify lean operation initiatives for operations managers in the supply chain, manufacturing and shipping businesses.

The course is designed in three parts.

Part I - introduction to simulation, statistics and distributions

Part II - introduction to process simulation with Simio

Part III - advanced simulation topics with Simio

Gatton team wins supply chain competition

Two students from the University of Kentucky Gatton College of Business and Economics (www.gatton.kyu.edu ) became the first winners of the National Powers in Supply Chain Competition hosted by Michigan State University's Eli Broad College of Business (www.bus.msu.edu ).

Taking on students from 12 top universities across the country, Gatton's team of Matthew Choyce and Ryan Hayes captured first place in the challenge, which involved managing a complex global supply chain through 13 simulated weeks of decisions. Teams were measured on total revenue, order fulfillment, inventory turns, and a profit figure the Broad School calls supply chain contribution. The scoring employed an objective, points-based system, using SCODE (Supply Chain Operations Decision Environment), which eliminated subjectivity from the judging process.

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Title Annotation:Michigan State University, Stanford University and Massachusetts Institute of Technology's education programs ranked
Publication:Modern Materials Handling
Geographic Code:1USA
Date:May 1, 2009
Words:353
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