Fluor Corp. Commits $2 Million for Endowed Supply Chain Chair
Fluor Corp. has made a $2 million matching commitment to Clemson University to create the Fluor Endowed Chair of Supply Chain and Logistics in the College of Engineering and Science’s industrial engineering department. The $2 million award matches $2 million from the South Carolina Centers of Economic Excellence program for a $4 million total endowment.
The challenge of the supply chain in business and industry is to find the most efficient, economical way to move goods or people to market. Supply chain and logistics affect all aspects of business, from the flow of raw materials and scheduling production to manufacturing and distributing finished goods. In today’s global business environment, an effective supply chain can mean the difference between a profitable and non-profitable business.
Establishing the chair at Clemson provides for a world-renowned leader in supply chain research to champion activities in education, research and industry outreach at the Research Center for Economic Excellence in Supply Chain Logistics. The endowment also will support students and associated educational programs.
Clemson has established expertise with two existing supply chain and logistics programs. The National Science Foundation-sponsored CELDi (Center for Engineering Logistics and Distribution) is a research site that brings industry and academia together to improve supply chain logistics. CISCOL (Clemson Institute for Supply Chain Optimization and Logistics) brings together an interdisciplinary group of faculty from four different colleges at Clemson University and provides tangible products and services that support economic development in South Carolina.
The Centers of Economic Excellence program was created by the South Carolina Legislature to enhance economic development and attract top academic researchers to the state’s three major research universities: Clemson, the University of South Carolina and the Medical University of South Carolina. The center’s board is appointed by the state legislative leaders and Gov. Mark Sanford. Revenue for projects approved by the board comes from South Carolina Education Lottery funds. For more information visit www.endowedchairs.org.
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