UT Haslam News
Cost Avoidance: Not Everything That Counts Is Counted
The purchasing department holds the keys to organizational spending — in some industries, it accounts for more than 80 percent of the cost of sales. Purchasing meets its metrics by cutting costs, commonly recognized as spending less for an item this year than last. But purchasing also makes a significant contribution through cost avoidance, which means making a concerted effort to pay less for something than you would have otherwise, or to avoid an expense altogether.
New Digital Capabilities for Supply Chain
Meet Mary Long, Managing Director of the Global Supply Chain Institute’s Supply Chain Forum at the University of Tennessee, Knoxville’s Haslam College of Business. A board advisor, lecturer, writer and international speaker, Long utilizes her expertise from a long and fruitful career to inform and shape her teaching.
Rising Senior Earns Trifecta of Supply Chain Scholarships
Supply chain management major Bridgette Larsen of Winchester, Virginia, recently was honored with the R. Gene Richter Scholarship, the country’s preeminent supply management academic award. She becomes the second student from the Haslam College of Business at the University of Tennessee, Knoxville, to garner the scholarship in its 17-year history. Earlier this year, Larsen
COVID-19 Drives Shareholders to Value More Resilient Supply Chain Design
For almost 20 years, supply chains’ value to the organization centered on efficiency and cost minimization, creating complexity and—as COVID-19 has demonstrated in the extreme—leaving enterprises vulnerable to disruption.
In Memoriam: Mary Holcomb
Mary Holcomb, professor at the Haslam College of Business for more than 28 years, passed away on Friday, February 12, 2021. Mary was a true Vol for life.
A Logistics Logjam Is Coming – Are We Ready?
Two irresistible forces soon will crash together in the Western world: the e-commerce boom and the accelerating population shift to urban areas. When these two trends collide, they’ll create a challenge that United States and European logistics systems currently can’t handle.
Purchasing’s Hidden Dilemma: Conflicted Role in New Product Development Costing
Organizations that want to remain competitive make controlling costs and growing profit margins top priorities.
Holiday Season Shipping Issues: Your Questions Answered
With the novel coronavirus still wreaking havoc on the economy, holiday shoppers are naturally anxious about gifts they have ordered arriving on time.
UT Named Innovation and Economic Prosperity University
The University of Tennessee, Knoxville, has earned national recognition as an Innovation and Economic Prosperity (IEP) University. This designation acknowledges the exceptional ways UT cultivates community engagement, economic growth and workforce development across the state of Tennessee and beyond.
Graduate Programs See Increase in Enrollment, Student Interaction
The Graduate School at the University of Tennessee, Knoxville, hasn’t let the pandemic stop it from having record enrollment and increased interaction with students.