Extreme weather that has increasingly hammered factories, rail lines, ports and highways is expected to intensify as the globe continues to warm. Across industries, leadership teams have awakened to the high degree of financial risk posed by this climate change. Executives are asking: How exposed is our global supply chain network? Which critical sites have the highest exposure in terms of revenue impact? Which types of events could potentially affect each site? Are appropriate business continuity plans in place to protect our operations?
Blockchain technology has gained prominence in recent years with the rise of cryptocurrencies and non-fungible tokens (NFTs), but its potential to impact the business world has yet to be fully realized. This impact will touch existing enterprises and propel the launch of many new businesses as well. That’s where Maryland Smith comes in.
Beginning in January 2022, the University of Maryland’s Robert H. Smith School of Business is launching the Blockchain Business Imperative, a six-week synchronous online certificate program on blockchain technology and its potential economic impact across industries.
Not to stress you out, but if you haven’t started your holiday shopping yet, you’re way behind. Thanks to manufacturing holdups, shipping delays and labor shortages throughout the supply chain, it’s going to take longer – and cost more – for retailers and consumers to get the items they want this year. The best way to tackle this year’s Christmas list is to shop as early as possible, and with an open mind and an open wallet, say Maryland Smith experts.
Labor Day weekend shoppers might have a little extra money to spend, but they will have to work harder to find discounts this year. Supply chain disruptions caused by the continuing pandemic and a series of severe weather events have had retailers struggling to maintain inventories and subsequently less-incentivized to discount items in stock – even for the usual Labor Day sales bonanzas on appliances, mattresses and autos, said Maryland Smith marketing experts Amna Kirmani and Jie Zhang.
Pioneering business research can prepare students to be transformational business leaders, and equip companies to transform themselves and their markets. The lifeblood of a business school is its faculty, and at the University of Maryland’s Robert H. Smith School of Business, our faculty is inspiring, supportive and world-class.
The Supply Chain Management Center at the Robert H. Smith School of Business is dedicated to conducting research and education designed to further the discipline of supply chain management.
The center operates under a single strategic vision for supply chain management: The real-time, risk-tolerant, collaborative, end-to-end, tech-enabled supply chain.