Industrial Engineering Orientation Fall 2016

Bacel Maddah

Who we are: Full-Time IEM Faculty Members Name Rank PhD, University, and Year Field of Expertise

1. Al-Qaisi, Saif Assistant Prof. Industrial Engineering,

Louisiana State Univ., 2012

Ergonomics and Human

Factors Engineering

2. Hani, Selim Assistant Prof.

Industrial Engineering,

Montreal University, 2016

Technology Innovation in Healthcare, Project Mgt.

3. Maddah, Bacel Professor and

Chair

Industrial Engineering,

Virginia Tech, 2005

Retail & Supply Chain Mgt.,

Financial Eng’g

4. Nasr, Walid Assistant Prof. Industrial Engineering,

Virginia Tech, 2008

Stochastic Processes,

Queueing, Supply Chain Mgt.

5. Moacdieh, Nadine Assistant Prof.

Industrial Engineering, Univ.

of Michigan, 2015

Human Factors Eng’g &

Human-Computer Inter.

6. Salameh, Moueen Professor Industrial Engineering,

Virginia Tech, 1978

Inventory Control ,

Production and Scheduling

7. Tarhini, Hussein Assistant Prof. Industrial Engineering,

Virginia Tech, 2014

Supply Chain Mgt.&

Humanitarian Logistics

8. Yassine, Ali Professor Industrial Engineering,

Wayne State University, 1994

Product Development &

Manufacturing Systems

9. ?? Assistant Prof. PhD, IE Manufacturing Systems

10. ?? Assistant Prof. PhD, IE Quality Systems

• Industrial Engineering is concerned with the design, improvement, and installation of integrated systems of people, equipment, materials, information, and energy.

• It draws upon specialized knowledge and skill in the mathematical, physical, and social sciences (…) to specify, predict, and evaluate the results to be obtained from such systems.

What is Industrial Engineering?

What is Industrial Engineering? • Industrial engineers design, analyze,

and manage complex human-integrated systems such as manufacturing systems, supply chain networks, and service systems.

• In such systems industrial engineers determine how to optimize the system for maximum efficiency, effectiveness, throughput, safety, or some other objective of interest.

• To optimize the system, industrial engineers study product requirements carefully and then design systems to meet requirements with the help of mathematics.

What is Industrial Engineering? • Many people are misled by the name “industrial engineer.” The

term “industrial” does not necessarily mean just manufacturing.

• In recent years, industrial engineering has undergone a transformation from being highly manufacturing-focused to having greater service-sector focus.

IE Job Prospective

• So, IE is main stream in the US.

• As the economy in our region develops, and follow-suit, the demand for IE jobs is expected to significantly increase.

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

Chemical Civil Electrical andElectronics

Industrial Mechanical

Number of Engineering Jobs Held in the US in 2012

Source: US Bureau of Labor Statistics

IE Job Prospective

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20000

40000

60000

80000

100000

120000

9 14 19 24 29Me

dia

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ua

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ala

ry

($

's)

Years Experience

Salary Curves by Experience 2005

Civil

Electrical

Industrial

Aerospace

Source: Career Journal.com

• Sometimes called systems engineering or operations engineering or even enterprise engineering

• First autonomous department established in 1908. ME

started in 1817, Civil 1835, Electrical 1882.

How Come I’ve Never Heard of IE Before

IEs make processes better in the following ways.

• Effective (optimal) allocation of scarce resources in complex, highly uncertain business environments.

• More efficient and more profitable business practices.

• Better customer service and product quality

• Improved efficiency

• Making work safer, faster, easier, and more rewarding

• Assist in designing better products (whether durable, financial or service products).

What do IE’s Do?

Manufacturing

◦ Project management

◦ Scheduling

◦ Inventory management & Control

◦ Supply chain management

◦ Facility layout and location

◦ Many more

Services

◦ Call centers design and management

◦ Transportation and logistics

◦ Retail management

◦ E-commerce

◦ Many more

Finance

◦ Wealth management

◦ Private equity

◦ Risk analysis

Healthcare

◦ Scheduling

◦ Staffing

◦ Process improvement

◦ Biotechnology

Airlines

◦ Pricing and revenue management

◦ Supply chain management

Military

Typical IE Jobs in Various Industries

2017 IE Internship Experience

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2

4

6

8

10

12

14

consulting contracting manufacturing others

IE Internship by Industry

0

5

10

15

20

25

local multinational

IE Internship Companies

Video on IE Jobs in Various Industries (4 mins.) Check our website for this and other videos

www.aub.edu.lb/fea/iem/

• Operations Research

• Project Management

• Economic Feasibility

• Financial Engineering

• Manufacturing & Production Systems

• Ergonomics & Human Factors Engineering

• Quality Control & Engineering

• Supply Chain Management

• Product / Service Design & Development

• Retail & Revenue Management

• Healthcare systems

Examples of IE Areas in Research & Teaching

• Operations Research (or Operational Research, OR) is a decision science concerned with optimal allocation of scarce resources. (Check out www.informs.org .)

• Industrial engineers utilize OR to develop mathematical models of real life systems with the objective of enhancing performance.

Operations Research

Project Management

• A project is a “temporary” endeavor undertaken to create a “unique” product or service

• Project Management involves delivering the project, on time, on budget, and in good quality.

• That is, within the golden triangle.

Economic Feasibility Studies

• It involves formulating and evaluating the financial outcomes of alternatives in eng’g and business.

• It is a collection of mathematical techniques that simplify economic comparison.

0 1 2 … … … n ─ 1 n

Financial Engineering • Designing financial products

to speculate (bet on) and hedge (protect from) risk

• Students learn risk management along the way

Fixed–income (bond) Portfolio structuring Equity (stock)

portfolio management Financial derivatives pricing and hedging

• Industrial Engineers are often in charge of laying out or designing manufacturing lines and selecting manufacturing processes.

Manufacturing & Production Systems

• Industrial Engineers study how people think, move and respond to input in order to design systems that work well. – Ergonomics is the study of people physical capabilities

– Human Factors emphasizes mental capabilities

– Human-Systems Design

is the study of how people

interact with mechanical

and computer systems.

Ergonomics & Human Factors Engineering

• Industrial Engineers know how to use statistical sampling to analyze the quality of a product

• Many companies employee IE’s to measure and track quality of their products (in-progress & final)

Quality Control & Engineering

Supply Chain Design & Management • Industrial Engineers work to get the right product, to

the right customer, at the right time and price.

• This involves, transportation, warehousing and inventory management.

Planning Concept

Development

System-Level

Design

Detail

Design

Testing and

Refinement

Production

Ramp-Up

Four Phases of Product Development

• In revenue management, IEs work to match supply and demand in airlines and other service industries to maximize revenue from a fixed capacity.

Retail and Revenue Management

• In retailing, IEs help retailer in critical decisions such as assortment, pricing, shelf inventory, and allocations.

Retail and Revenue Management

Product 1 p1

Product j pj

.

.

.

segment

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i

s

• In healthcare, IEs integrate people, equipment, facilities and other resources to improve work results

• Use skills learned in IE (process redesign, flowcharting, layout optimization, forecasting, simulation, etc.)

• Performs cost-saving & quality improvement projects

Healthcare Systems