Thirteen rising junior and senior high school students participated in the Retail Supply Chain Management Camp hosted by the Center for Retailing Excellence and the Supply Chain Management Research Center at the Sam M. Walton College of Business. Continue reading High School Students Learn Retail and Supply Chain Management
The Department of Supply Chain Management is pleased to announce the award winners for the 2015/2016 academic year.
The Sigma Chi Mu Tau Honor Society, founded at the University of Arkansas in 2016, named the inaugural Sigma Chi Mu Tau Leadership Award winner Rachel Stoehr. Rachel graduated in May 2016 with a B.S.B.A. with a focus in supply chain management. Rachel was the captain of the University of Arkansas Swim and Dive team for two years conducting 400 consecutive meetings for the team. She was also a veteran leader in the University of Arkansas Athletic Leadership Academy. The Sigma Chi Mu Tau Leadership Award is given to the graduating senior who is a member of Sigma Chi Mu Tau Honors Society who has exhibited strong leadership over their college career.
The John Ozment Outstanding Junior award winner is Jonathan Schultz, a junior with double majors in supply chain management and economics. Jonathan is a member of the Honors Executive Board for the Walton College, the Head Delegate at the Model UN competition for the University of Arkansas, the co-president of Sigma Chi Mu Tau Supply Chain Management Honors Society, and the co-vice president of the Beta Gamma Sigma Honors Society among many other activities. He participated with the University of Arkansas team that won second place nationally at the Operations Stimulus Case Competition in Denver. He has had internships at Kraft/Heinz and Nestle.
Cynthia Cooper, Tyler Ho, Ryan Pinter and Rachel Stoehr were recognized as outstanding seniors. Each of these students graduated in May 2016 with strong GPAs and a wide range of leadership and work experiences.
The Supply Chain Management Research Center at the Sam M. Walton College of Business will host its 15th Annual Supply Chain Conference on Wednesday, April 20, 2016, in the Donald W. Reynolds Center for Enterprise Development located on the University of Arkansas campus. Continue reading Walton College Hosts Supply Chain Trends Conference
Students from the Sam M. Walton College of Business placed second in the Operation Stimulus Denver Case Competition held Feb. 4-6. Teams from 16 top-ranked universities converged in Denver to take part in a transportation, logistics and supply chain competition hosted by the Denver Transportation Club, a non-profit dedicated to create interest in transportation.
The Walton team — Sarah Wiles, Jonathan Schultz, Layseen Chen Torres and Andreas Kofler – competed against teams from Syracuse University, Iowa State University and Weber State University, winning round one on the first day of the competition. In the final round, the Walton team competed against teams from University of Manitoba, University of North Texas and Colorado State University.
“Our team was well prepared. After receiving the case, they worked together without feedback from faculty or others for over 40 hours each prior to the competition. Their critical thinking, presentation and technical skills in their major paid off,” said John Kent, director, Supply Chain Management Research Center, and team adviser. “They described their solution as a ‘symmetrical rotational distribution center’ and presented it using graphical animation and created their own mathematical model used to calculate efficiency.”
The four Walton students are majoring in supply chain management and were selected from a group of approximately 25 students who replied to a call for case competition team members, which was open to more than 400 supply chain management majors.
Annibal Sodero, an assistant professor in the Department of Supply Chain Management, is featured in an article at TheCityWire.com on retailers’ struggle to attack out-of-stock issues in their stores. Continue reading Sodero Talks Supply Chain with The City Wire
There have been few major changes in the physical retail supply chain that has served big box retailers for more than three decades. But as more consumers shift to online shopping and the “omnichannel” retail model becomes the norm, experts say the old supply chain model is beginning to see fundamental changes.
E-commerce sales are growing at a healthy clip and are expected to account for more than 10% of total retail sales by 2016. As much as 60% of all retail sales originate online even though they may be completed at a brick-and-mortar retail store.
“Changes in retail are being driven by technology advancements and that we can’t control. Retailers, their vendors and third party logistics partners had better be aware of these changes and make better use of technology themselves,” said Anníbal Sodero, assistant professor supply chain management at the University of Arkansas.
It was 17 years in the making, but John Kent finally got his dream job of working at the Sam M. Walton College of Business.
Autumn Parker, associate director for undergraduate recruitment, and Barbara Lofton, director of the Office of Diversity and Inclusion, have announced the 27 members of the 2014-2015 Dean’s Student Advisory Board for Walton.
Sam M. Walton College of Business senior and honors student Maria Barrenechea is pleased with her international background. She was born and raised in Bolivia; went to high school in the Patagonia, Argentina; took some courses in Buenos Aires; headed to the United States for college; and this past summer, she studied in Italy. “I think [my background] will give me a competitive advantage in the future,” she said, “especially when having to deal with cross-cultural situations in the work-force”
Right now, though, Barrenechea is enjoying the new experiences that an American university offers. She mentions that the University of Arkansas offers in-state tuition to Bolivian students; “however, what triggered me most to come here was the opportunity of being exposed to college life in America. Living in the dorms, the football games, the student organizations, Greek life, and all the other on-campus traditions compose a different lifestyle worth experiencing” she said. Barrenechea chose the major that she believed would open the most doors for her. “I thought of business as a broad major that would give me the opportunity to explore the many areas it is composed of.” She said she was happy with the program’s structure of core and sampling of major courses, which helped her determined that transportation and logistics was what she wanted to do.
Barrenechea was selected to participate in the Center for Retailing Excellence’s two-year-long mentoring program. She recognizes how integral the program is to her professional development. “When I was debating between TLOG or marketing as a major, I shadowed both areas with Colgate-Palmolive. They also helped when I first started interviewing with companies. They would invite me to valuable meetings and answer any questions I had. It is great to have highly experienced professionals become your advisors and friends” she said.
Barrenechea studied in Italy during the first session of summer 2010. She hopes to add to her knowledge of world cultures while simultaneously adding to her knowledge of transportation and logistics. “I can’t wait to be exposed to the Italian culture. I am also planning to tour exportation companies and visit some ports just to learn a bit about the European supply chain system.” She is going through the CIMBA program with a group of business students from across the United States.
During the second half of summer 2010, Barrenechea was a marketing intern for Coca-Cola International in South America. “I was looking for a company with global presence, so when I graduate, my contributions to the company would not only be valued back at home but in different parts of the world” she said.
While on the University of Arkansas campus, Barrenechea works for the Supply Chain Management Research Center, a Walton College outreach center. She works as a research assistant. “I have had a good combination of indoor and outdoor jobs on campus. I was a student mentor for orientation and R.O.C.K. Camp. Most of that was about interacting with incoming students and parents, guiding tours, presenting the U of A traditions, attending parent panels, etc. My job in the Supply Chain Center is more in depth and analytical. It requires hours of dedication in front of a computer.”
She is also involved in Leadership Walton, a program that combines leadership, academics, and professional development. Barrenechea says Leadership Walton “enriches the student’s academic experience preparing them for future success.” She is also excited to contribute to the University of Arkansas chapter of the American Marketing Association as a vice president of fundraising during her last year of college. These extracurricular activities are just one aspect of the Walton College that she loves. “The college offers a wonderful learning environment and vast opportunities outside of class.”
So, where will Maria Barrenechea go after graduation? “Right now, I’m keeping my options open, but it would be ideal to start working in the supply chain or marketing department of a big company somewhere in the northeast part of the United States. Hopefully, after a couple of years of experience, I’d get the chance to go to graduate school for an MBA. I would still like to eventually go back home and contribute to Bolivia’s growth.”
Jonesboro native Locke Isaacson graduated from the Sam M. Walton College of Business in spring 2010 with a major in marketing management and a minor in finance, but she doesn’t want to stop learning just yet. Isaacson is applying in September 2010 to the dual degree program that partners the Walton College with the Clinton School of Public Service in Little Rock. She hopes to use her education to better the lives of other through nonprofit work.
While pursuing her degree, Isaacson came to really appreciate her professors. “Several of the teachers here are incredible. The relationships they create with us, in and out of the classroom, are great.” She said she has considered becoming a teacher, too. “Eventually, I think I might want to be a college professor because I’ve really enjoyed several of my teachers here, and I would like to help others like I have been helped,” she said. “I also think it would be fun to teach a non-profit class in the business school. I haven’t taken anything like that; they might offer it, but I haven’t heard of it.”
Isaacson said she has been given many opportunities to learn outside of the classroom. One of those opportunities took her to Europe on a study abroad trip. In summer 2008, Isaacson spent six weeks on the southern coast of Spain. “It definitely threw me outside of my comfort zone. The main way I orient myself in a situation is by talking to people. When you don’t speak much Spanish in a Spanish-speaking country, it’s a little bit more challenging,” she said. This challenge didn’t take away from the experience, though. “It was great because I was able to learn about so many different cultures. The students at this school were from all over the world; even though they weren’t American, many of them spoke English, so we could communicate that way; or, it really forced me to communicate in Spanish. It was a great experience—very challenging, but a good time.”
She also had two internships during her time at the Walton College. She worked with PowerAde, an internship through CBS Sports, to promote the product to the University of Arkansas intramural sports program and to set up taste tests among students. She also spent a semester working for Tyson Foods, where her duties consisted of analyzing reports, budgeting, and setting up product cuttings to assess product quality. She said this internship was at times taxing, but well worth it. “Being involved on campus, going to class, and working at least 20 hours a week [at Tyson] was a full load. I’ve been pretty good with time management, but that semester was challenging. I think it was true to life, though,” she said. “The hands-on learning experience was great because it is something that can’t be taught in the classroom.”
From January 2009 to January 2010, Isaacson served as vice president over recruitment for the Panhellenic Council. “I helped host women’s recruitment for all the sororities on campus. I worked here over the summer and talked to all the students and parents during orientation, and I worked with all of the sororities to make sure everyone knew the process, rules, and schedule.” She said planning the sororities’ week-long rush event at the end of the summer contributed to her business education. She learned how to properly handle a time-sensitive schedule and plan for unplanned events. “It’s definitely shown me that I like working with people,” she said.
During her senior year, Isaacson also served as co-vice president of the University of Arkansas chapter of Beta Gamma Sigma, the national business honor society. She said she felt privileged to be chosen for such a position and was pleased with the opportunities she was given. “I was selected to go to Tampa to a business conference and was privileged to host the Beta Gamma Sigma benefit,” she said.
Isaacson has graduated from the Walton College, but she hopes to return soon, this time as an MBA candidate working toward a dual degree in business and public service, which is offered by the Walton College and the Clinton School of Public Service. Isaacson said this degree plan is compatible with her career hopes. “I’d like to work in the non-profit side of business,” she said. “I’ve always wanted to have a non-profit organization for underprivileged kids, but mainly those aged 12 to 18. I feel like most programs end once kids get older and are considered more mature, but I think 12 to 18 is such a vital period in their lives. They still need some influence—maybe a mentorship program in which education is really encouraged.”
In May 2010, Isaacson graduated summa cum laude from the University of Arkansas Honors College. She was also the Outstanding Marketing Senior for the Walton College.