Smeal And IBM Partner To Unveil New Supply Chain Research Lab
Smeal And IBM Partner To Unveil New Supply Chain Research Lab
UNIVERSITY PARK, PA (October 11, 2005)—The Smeal College of Business at Penn State University will team with IBM on Oct. 28 to open the new Supply Chain Laboratory, which is being relocated to Smeal's new Business Building on the University Park campus. A Shared University Research (SUR) award from IBM provided Smeal with IBM software, server and storage technology to create the initial On-Demand Supply Chain Research Laboratory in the fall of 2003. The new lab is outfitted with additional IBM hardware, and will double as a classroom for Smeal students.
Penn State's lab is linked with similar IBM labs around the world at Michigan State University, Arizona State University, University College Dublin, and National University of Singapore. The interconnected grid, powered by IBM, allows faculty and students at these universities to collaborate in studying, simulating and testing the key relationships in an end-to-end supply chain.
The unique supply chain simulations occurring because of this collaborative effort help IBM and other companies build dynamic supply chains that can sense and rapidly respond to changing customer demands and market conditions. The labs also provide hands-on experience to students, equipping them with the skills they need to launch a successful career in supply chain management.
"We have already reaped substantial benefits from our partnership with IBM, both in the classroom and in our ability to provide today's multinational corporations with valuable research," says John E. Tyworth, chair of the Department of Supply Chain and Information Systems (SCIS) at Smeal. "Because we are working together with four other schools, we have the potential to authentically simulate supply chains in a manner that was never before possible, and that's enhancing the education of our students, and making the research network a valuable resource to the business world."
"Corporate and university partnerships are vital in driving innovation," says Linda Cantwell, vice president, business growth initiatives, IBM Integrated Supply Chain. "Students who understand how to use open standards and grid technologies to simulate the supply chain's ability to respond to real company business problems will be in high demand upon graduation and bring a competitive advantage to the supply chain of their employer."
Students in supply chain are already highly sought, according to the Council of Supply Chain Management Professionals. It reports the highest demand in more than 10 years for college graduates to fill entry-level supply chain positions.
The new lab will officially open on Oct. 28 following a ribbon-cutting ceremony featuring representatives from IBM and Smeal. The half-day schedule of events also includes an interaction session between top IBM executives, SCIS department faculty, and MBA and Ph.D. students.
Smeal's supply chain program was recently ranked as the top such program in North America by a survey published in the September 2005 issue of Supply Chain Management Review. The survey of supply chain academics and professionals also ranked linked schools Michigan State and Arizona State in the top 15.
The On-Demand Supply Chain Research Laboratory at Smeal is supported by IBM software technologies, including Websphere and AIX, which are made available to Penn State faculty and researchers via the IBM Scholars program. Information about the Scholars program is available at: http://www-3.ibm.com/software/info/university/.
IBM's Shared University Research program awards computing equipment (servers, storage systems, personal computing products, etc.) to colleges, universities and institutions of higher education around the world to facilitate research projects in areas of mutual interest, including: Life Sciences, Grid Computing, Autonomic Computing and Deep Computing. The SUR awards also support the advancement of university projects by connecting top researchers in academia with IBM Research personnel, along with representatives from product development and solution provider communities. IBM gives approximately 50 to 60 SUR awards per year worldwide.
REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu.
Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the Center for Digital Transformation, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.
