club meeting november 16th, 2006

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1 November 16 th , 2006 Club Meeting November 16th, 2006

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Club Meeting November 16th, 2006. Agenda. Recap International Case Competition Finding the Right Internship Targeting the Right Company Application Timeline Application Tips Interviewing Tips Operations Terms Electives Mini 3 & Mini 4 Upcoming Events. - PowerPoint PPT Presentation

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Page 1: Club Meeting November 16th, 2006

1 November 16th, 2006

Club Meeting

November 16th, 2006

Page 2: Club Meeting November 16th, 2006

2 November 16th, 2006

Agenda

Recap International Case Competition

Finding the Right Internship

Targeting the Right Company

Application Timeline

Application Tips

Interviewing Tips

Operations Terms

Electives Mini 3 & Mini 4

Upcoming Events

Page 3: Club Meeting November 16th, 2006

3 November 16th, 2006

11th International Operations Case

Competition

Page 4: Club Meeting November 16th, 2006

4 November 16th, 2006

International Case Competition

Winners

1st Vanderbilt

2nd Tepper

3rd Darden

Thanks to volunteers

Thanks to our team!

Page 5: Club Meeting November 16th, 2006

5 November 16th, 2006

Internship Search

Page 6: Club Meeting November 16th, 2006

6 November 16th, 2006

Statistics

School Facilitated (71%) On Campus (46%)

Alumni, Job Fairs, Job Postings, etc. (25%)

Individual Search (22%) Contact Companies, Friends, Webpage

Not Reported (7%)

Page 7: Club Meeting November 16th, 2006

7 November 16th, 2006

Application Timeline

ID Task NameNov 2006 Dec 2006 Jan 2007 Feb 2007 Mar 2007 Apr 2007 May 2007

11/19 11/26 12/3 12/10 12/17 12/24 12/31 1/7 1/14 1/21 1/28 2/4 2/11 2/18 2/25 3/4 3/11 3/18 3/25 4/1 4/8 4/15 4/22 4/29 5/6

1 Target Companies

2 Contact Alumni

3 Contact 2nd Years

4 Contact Companies

5 Review Website

Narrow companies

6 Apply to Companies

8 Interviews

7

Finance & Consulting

Operations & Marketing

Page 8: Club Meeting November 16th, 2006

8 November 16th, 2006

Targeting the Right Company

Find the companies.

Fortune 500.

Fortune 100 Best Companies to Work For.

Inc 500 Fastest Growing Private Companies.

2nd Year Internship Resume Book.

Narrow search.

Alumni, 2nd years, professors.

Lexis/Nexis, InfoTrak, etc.

Respect for operations.

Role of operations in an organization.

Page 9: Club Meeting November 16th, 2006

9 November 16th, 2006

Application Tips

Quality versus Quantity

Research, Research, Research Gartners, Fortune, Web Alumni 2nd Years

Build relationships with Alumni, 2nd years

Invest time in Resume and Cover Letters Customize for each company Tell a story of why you!

Page 10: Club Meeting November 16th, 2006

10 November 16th, 2006

Interview Tips

Why can’t I just be myself in the interview?

How can I avoid making the common interviewing mistakes?

STAR APPROACH

How important is it to follow up after an interview?

What are the best ways to follow up after an interview?

What if, after I follow up, I have still yet to hear back from an employer?

How can I delay accepting an offer in order to consider other forthcoming offers

Page 11: Club Meeting November 16th, 2006

11 November 16th, 2006

Operations Terms

Do you know the difference between “kaizen” and “kanban” are?

Understanding key terminology can mean the difference between looking like a professional and a wannabe.

These next few slides contain terms you may encounter during the interview process or while you are doing your company research.

Spend some time brushing up on your operations vocabulary.

Page 12: Club Meeting November 16th, 2006

12 November 16th, 2006

Some Typical POM Terminology

'Lean' concept

JIT / JIT-II

Kanban

TQM

Reengineering

VMI (Vendor managed Inventory)

Reverse Logisitics

Economic Order Quantity (EOQ)

RFID

VSM

Delphi method (forecasting)

Newsvendor Problem

Data Matrix / Maxicode / PDF 417 code

Peak load pricing

RO-RO

Shrinkage

Six Sigma

VAR (Value Added Reseller)

WMS (Warehouse Management System)

Page 13: Club Meeting November 16th, 2006

13 November 16th, 2006

Where Can I Go For More Information?

Associations / Websites

Operations / Production Textbooks

Academic Journals / Magazines

Page 14: Club Meeting November 16th, 2006

14 November 16th, 2006

Associations

American Production and Inventory Control Society http://www.apics.org

Six Sigma http://www.isixsigma.com/

Council for Logisitics Management (CLM) http://www.clm1.org

The Collaborative Planning, Forecasting and Replenishment Committee (CPFR) http://www.cpfr.org

Voluntary Interindustry Commerce Standards (VICS) Association http://www.vics.org

Institute for Operations Research and Management Sciences (INFORMS) http://www.informs.org

American Society for Quality (ASQ) http://asq.org/

Production and Operations Management Society (POMS) http://www.poms.org/

Project Management Institute (PMI) http://www.pmi.org/

American Productivity and Quality Center (APQC) http://www.apqc.org/

Workflow and Reengineering International Association (WARIA) http://www.waria.com/

Page 15: Club Meeting November 16th, 2006

15 November 16th, 2006

Websites

http://www.supplychainplanet.com/

http://www.manufacturing.net

Related sites with SCM info

http://www.ittoolbox.com/

http://www.cio.com/research/scm/

Page 16: Club Meeting November 16th, 2006

16 November 16th, 2006

Academic Journals / Magazines

Journal of Operations Management

Journal of Manufacturing Systems

Journal of Quality Technology

International Journal of Production Economics

Production and Operations Management  

Logisitics Management

Supply Chain Systems Magazine

Page 17: Club Meeting November 16th, 2006

17 November 16th, 2006

Operations / Production Textbooks

Chase, Aquilano and Jacobs (, Production and Operations Management: Manufacturing and Services (8th Edition)

Hill, T. Production/Operations Management: text and cases, 2nd Ed. Prentice Hall: London

Johnston, R., Chambers, S., Harland, C., Harrison, A. and Slack, N. Cases in Operations Management, Pitman Publishing: London

Meredith, J.R., The Management of Operations: a conceptual emphasis, 4th Ed. John Wiley and Sons: New York

Schmenner, R.W., Production/Operations Management: concepts and situations, 4th Ed. Macmillan: New York

Schonberger, R.J. and Knod, Jr., E.M. , Operations Management: serving the customer, 3rd Ed. Business Publications: Plano, Texas

Schroeder, R.G. , Operations Management: decision making in the operations function, 3rd Ed. McGraw-Hill International: New York

Slack, N, Chambers, S., Harland, C., Harrison, A. and Johnston, R., Operations Management, Pitman Publishing: London

Wild, R. , Production and Operations Management, Cassell

Page 18: Club Meeting November 16th, 2006

18 November 16th, 2006

Operations Electives Mini 3 and Mini 4

Page 19: Club Meeting November 16th, 2006

19 November 16th, 2006

Operations Electives

Mini 3

Quality Design and Analysis

Real Time Decision with Resource Planning Systems

Sequencing and Scheduling

Mini 4

Risk Models for Production Management

Manufacturing Strategy

Optimization Models for Logistics

Six Sigma Practices and Principles

Page 20: Club Meeting November 16th, 2006

20 November 16th, 2006

Operations Projects

Prof. Kekre Highmark (Operations, Strategy, IT)

Citibank (Operations, IT)

Bosh (India – global opportunity)

7-8 weeks

Mini 3 – Mini 4 - Summer

Page 21: Club Meeting November 16th, 2006

21 November 16th, 2006

Other Electives

Mini 3

Corporate Finance

Interpersonal Negotiations

Competitive Strategy and the New Economy

Mini 4

Pricing Strategy

Strategic Corporate Management

Page 22: Club Meeting November 16th, 2006

22 November 16th, 2006

Upcoming Events

Page 23: Club Meeting November 16th, 2006

23 November 16th, 2006

Upcoming Events

November Nov. 20 – Speaker Series

Larry Dickerman, senior VP of American Electric Power

December 1st - EATON Plant Tour

January Jan 26: Plant Tour (probably the airport)

February Feb 2: Plant Tour (GE)

Feb 7: Info session for change of board of directors

Feb 14: Ops Board Elections