Three ways malls and department stores can survive the growing number of COVID-19 lockdowns
Thursday, March 26, 2020
Many states are closing nonessential businesses and urging residents to shelter in place to prevent the spread of COVID-19. The measures are forcing malls, department stores and brick-and-mortar shops – already hard-hit by closures, bankruptcies and dwindling business – to transition to online-only sales and experiment with alternative delivery options, says Krannert professor Mohammad Rahman.
No, We’re Not Going to Run Out of Groceries
Thursday, March 26, 2020
If empty shelves are now a fact of life, are food supply chains straining? Yes—but experts including Krannert professor Ananth Iyer say that, although there are a few signs of trouble, they’re still able to supply stores with plenty of food, and that they should soon adjust to the new normal
The workers feeding America
Wednesday, March 25, 2020
Krannert professor Ananth Iyer says that food companies must adopt new policies to enforce social distancing at work, even if they're slightly less efficient. "I'm hopeful that a lot of the manufacturing side and the supply-chain side can be managed in such a way to protect the employees and continue to get the product out," Iyer says. "This needs to happen yesterday."
Purdue economist: Three ways the proposed stimulus package could be more effective
Wednesday, March 25, 2020
As businesses close and unemployment rises during the coronavirus outbreak in the United States, Congress is considering a $2 trillion stimulus package that would include direct payments to Americans based on income and family size, according to the Associated Press. Evidence from previous stimulus bills in 2001 and 2008 shows that much of the money was saved or used to pay down debt rather than inject cash into the economy, says Purdue University economist Kevin Mumford.
Full article: Purdue economist: Three ways the proposed stimulus package could be more effective
Purdue offers combined degree program in human resources
Wednesday, March 25, 2020
Students interested in earning a bachelor’s and master’s degree in human resources now have an accelerated option at Purdue University. Beginning in fall 2020, the Purdue Polytechnic Institute and Krannert School of Management are teaming to offer a combined degree program, with students earning an undergraduate degree in human resource development (HRD) and a master’s degree in human resource management (MSHRM).
Full article: Purdue offers combined degree program in human resources
Krannert prof comments on economic impact of coronavirus pandemic
Tuesday, March 24, 2020
Professor Tim Moore, a faculty affiliate in the Purdue University Research Center in Economics (PURCE), was featured on a panel of local experts and decision-makers in an hourlong special about the coronavirus pandemic recently broadcast on WLFI TV 18. You can view his segment beginning at the 46-minute mark.
Full article: Krannert prof comments on economic impact of coronavirus pandemic
Why there will soon be tons of toilet paper, and what food may be scarce, according to supply chain experts
Thursday, March 19, 2020
Stuck rationing toilet paper because you didn’t stockpile during the coronavirus panic over the last few days? Don’t worry, according to supply chain experts including Purdue's Ananth Iyer.
Empty shelves will soon be ‘a thing of the past,’ says grocery supply expert
Tuesday, March 17, 2020
To better understand the grocery supply chain and how stores are stocked, FERN turned to Dr. Ananth Iyer, a professor of supply chain management at Purdue University and director of the university’s Global Supply Chain Management Initiative.
Full article: Empty shelves will soon be ‘a thing of the past,’ says grocery supply expert
Purdue professor urges calm, patience while shopping amid coronavirus pandemic
Monday, March 16, 2020
Ananth Iyer, a professor of supply chain management at Purdue University, says he understands that many shoppers are tense right now. Situations like this can lead to frustration at stores and “panic buying.”
Full article: Purdue professor urges calm, patience while shopping amid coronavirus pandemic
Shelves are empty — when will they be restocked?
Sunday, March 15, 2020
If stores cut hours excessively or if hourly employees like shelf stockers or cashiers self-quarantine and don't show up for work, lines could grow, a retail consultant said.
Full article: Shelves are empty — when will they be restocked?
What Companies Need to Do to Improve Working Conditions for Women
Thursday, March 12, 2020
Ellen Kossek, Basil S. Turner Professor of Management at Krannert, discusses gender inclusion in the workplace.
Full article: What Companies Need to Do to Improve Working Conditions for Women
Three ways coronavirus could change the debate about paid time off in the United States
Thursday, March 12, 2020
As the novel coronavirus continues to spread across the United States, workers are being encouraged to work remotely or stay home to prevent the spread of illnesses in the workplace. Without paid-time-off policies or jobs that can be done via telework, however, many workers are left without a safety net and forced to choose between loss of wages and sacrificing their health and the health of others, says Ellen Ernst Kossek, the Basil S. Turner Professor of Management in the Krannert School of Management at Purdue University.
Purdue launches online analytics degree
Wednesday, March 11, 2020
Purdue University’s Krannert School of Management will begin offering an online Master’s in Business Analytics in fall 2020. The degree is aimed at working professionals. Students will receive broad exposure to various functional areas of business and how they use information to make better-informed decisions. The U.S. Bureau of Labor Statistics estimates the need for business analysts to increase 14% by 2024, and this degree will prepare participants for a wide variety of roles within the industry.
