Supply Chain and Decision Sciences
A Supply Chain (SC) consists of all parties involved in fulfilling a customer request. Efficient integration of suppliers, manufacturers, distribution/logistics companies and retailers/customers is vital in managing SCs so that the right products are delivered to the right place at the right price, in the right quantity and at the right time. Good management of a SC creates a competitive advantage. Supply Chain Management (SCM) extends to the chain of related companies, the firm-level fundamental business functions (operations, marketing and finance), and therefore is an advanced, comprehensive and dynamic field of study.
Decision Sciences (DS) is a collaborative approach involving applied mathematics, business tactics, technological applications and behavioural sciences to help management make data-driven decisions. Efficient planning and execution of supply chains require advanced prescriptive tools of quantitative and analytical (i.e., operations research) methods.
These two overlapping disciplines define our area’s research and teaching strengths. Our research output revolves around supply chain, operations, logistics, revenue management, operations-marketing interface, decision-making under uncertainty, methods of operations research and applied economics. We teach topics related to supply chain management, operations management, quantitative methods, predictive analytics, statistics, analytics for decision-making and a capstone course in supply chain planning and execution.
The area members are affiliated with disciplinary organizations such as Supply Chain Management Association, Institute for Operations Research and the Management Sciences, Decision Sciences Institute, Production and Operations Management Society, Canadian Operational Research Society, and the Mathematical Optimization Society.
The SCDS area offers a major in Supply Chain and Logistics Management in the Bachelor of Commerce Co-op program.