november 16th, 2006 club meeting

1 November 16th, 2006

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


11th International Operations Case

Competition


International Case Competition

Winners

1st Vanderbilt

2nd Tepper

3rd Darden

Thanks to volunteers

Thanks to our team!


Internship Search


Statistics

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

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

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

Not Reported (7%)


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


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.


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!


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


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.


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)


Where Can I Go For More Information?

Associations / Websites

Operations / Production Textbooks

Academic Journals / Magazines


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/


Websites

http://www.supplychainplanet.com/

http://www.manufacturing.net

Related sites with SCM info

http://www.ittoolbox.com/

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


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


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


Operations Electives Mini 3 and Mini 4


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


Operations Projects

Prof. Kekre Highmark (Operations, Strategy, IT)

Citibank (Operations, IT)

Bosh (India – global opportunity)

7-8 weeks

Mini 3 – Mini 4 - Summer


Other Electives

Mini 3

Corporate Finance

Interpersonal Negotiations

Competitive Strategy and the New Economy

Mini 4

Pricing Strategy

Strategic Corporate Management


Upcoming Events


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

november 16th, 2006 club meeting

Documents

management of operations

operations research

citibank operations

operations projects

operations function

role of operations

operations vocabulary

operations electives