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DCMME | Timeline | Interviews

FOSTERING THE CENTER’S DEVELOPMENT

HELPING REVITALIZE U.S. MANUFACTURING

HELPING REVITALIZE U.S. MANUFACTURING

HELPING REVITALIZE U.S. MANUFACTURING

HELPING REVITALIZE U.S. MANUFACTURING

A TRIP TO INDIA & OTHER LEARNING OPPORTUNITIES

A TRIP TO INDIA & OTHER LEARNING OPPORTUNITIES

STUDENT FOCUSED. FACULTY DIRECTED

STUDENT FOCUSED. FACULTY DIRECTED

A CENTER THAT CELEBRATES MANUFACTURING

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Summer 2006-7 DeVos Award Recipients


Doug and Maria DeVos - Faculty Summer Research Awards

The Doug and Maria DeVos Faculty Summer Support Award in Global Supply Chain Management has generously awarded $25,000 to Krannert faculty each year in support for research with themes revolving around Global Supply Chain Management, conducted over the summer academic break. This important sponsorship has been funded since 2005 and has benefited a diverse set of faculty from across the Krannert School of Management. Without these vital funds, chosen faculty would have been unable to carry out their important mission of looking at Global Supply Chain Management thorough a rigorous academic lens, innovating new approaches and applying fresh solutions.

Each year, the research style has varied from theory development to empirical research based on primary or secondary data sets. While the primary purpose of the research funding was aimed at enabling faculty to pursue their research agenda, which complements the GSCMI’s mission, additional incentive has been provided to researchers willing to broadly communicate the results of their summer work to DCMME/GSCMI center partners through the annual Fall Operations Conference.
The summary of researchers and their DeVos Research overviews that follow are a tribute not only to the academic capability that can be found at the Krannert School of Management, but also to the entire DeVos family, for which this work is dedicated.

The summary of researchers and their DeVos Research overviews that follow are a tribute not only to the academic capability that can be found at the Krannert School of Management, but also to the entire DeVos family, for which this work is dedicated.

We are proud to have been the guardians of the DeVos Faculty Summer Support Award in Global Supply Chain Management for its 7-year term (2005-2012), and are equally proud of the strong works that were born due to the DeVos’s family leadership in promoting research in the field of Global Supply Chain Management studies.


David Hummels

Professor of Economics

Ph.D., Economics, University of Michigan, 1995
M.A., Economics, University of Michigan, 1992
B.A. summa cum laude, Political Science and Economics

Professor Hummels’ teaching interest is in international economics. His research focuses on empirical investigations in international trade, with a special emphasis on product differentiation, barriers to trade, and the effects of transportation and infrastructure on trade and economic development.

Research Topic: Valuing Timeliness in Global Supply Chains

Over half of US exports and a third of US imports arrive in the market via air cargo, despite the fact that air shipping is many times more expensive than ocean shipping. Hummels (2007a) uses international trade data with modal detail to estimate a willingness to pay for speed equal to nearly 1 percent of a manufactured goods value for every day saved in transit. We examine two key hypotheses: One, rapid transportation provides firms with a real option to manage demand volatility. Two, rapid transportation allows firms to closely link stages of production in global supply chains.

 

Karthik Kannan

Assistant Professor of Management
Ph.D., Information Systems, Carnegie Mellon University
M.S., Electrical and Computer Engineering, Carnegie Mellon University
M.Phil., Public Policy and Management, Carnegie Mellon University
B.E., Electrical and Electronics Engineering, REC

Professor Kannan’s current research focuses on markets and pricing of information goods/services through auctions, and economics of information security.

Research Topic: Impact of Bid Revelations in Procurement Settings

There is an interest in understanding the implications of information policies in procurement contexts. The information policy chosen affects the suppliers’ bidding behaviors and, in turn, the procurer’s surplus. In this work, there is focus on some of the key aspects of the procurer’s decision problem not considered in prior works, and contribute to the growing body of knowledge that provides insights helpful to a procurer in electronic marketplace in choosing the appropriate policy.