Fluor Endows Supply Chain and Logistics Chair at Clemson University

Fluor Corporation (NYSE:FLR) announced today that it presented Clemson University with a $2 million gift that matches a State of South Carolina award of $2 million through the South Carolina Centers of Economic Excellence program. The total $4 million creates a Fluor Endowed Chair of Supply Chain and Logistics at Clemson within the department of industrial engineering.

The challenge of the supply chain in business and industry is to find the most efficient, economical way to move goods or people to markets. It affects 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.

An official ceremony to mark the occasion was held at Fluor’s campus in Greenville, SC. U.S. Senator Lindsey Graham, U.S. Senator Jim DeMint and U.S. Congressman J. Gresham Barrett attended the event. Fluor Chairman and CEO Alan Boeckmann and other members of the senior management team made a formal check presentation to Clemson University and president James F. Barker at the luncheon.

"As the globe continues to shrink and economies become more integrated, procurement, supply chain and logistics skills have become the lifeblood of the engineering & construction industry's ability to execute projects at home and abroad," said Alan Boeckmann, Fluor Corporation's Chairman and CEO. "By supporting this endowed chair at Clemson, we are ensuring that the next generation of engineers and procurement specialists are equipped with the knowledge to excel in our industry."

In accepting the gift, Clemson University President James F. Barker said, “This partnership is a prime example of business, industry, government and academia coming together for the betterment of the broader community. Our partnership with Fluor Corporation and the state match for the endowment reinforce and strengthen our established supply chain programs at Clemson. The quality of research to come will increase significantly and include models for business and industry everywhere.”

"Fluor Corporation and the Fluor Foundation have a long history of supporting educational initiatives around the world,” said J. Robert Fluor II, president of the Fluor Foundation. "This new endowed chair at Clemson is a great opportunity that will strengthen our long-standing relationship with this fine university and benefit engineering students for years to come."

"This is a truly unique program that will focus extensively on supply chain management and logistics of capital projects. Clemson and its engineering school are pioneers in understanding how this skill set benefits our industry," said Jim Scotti, Fluor Corporation's Vice President and Chief Procurement Officer. "This is a proud moment for our company. We look forward to working with Clemson on innovative supply chain education and research.”

The establishment of the Fluor Endowed Chair of Supply Chain and Logistics at Clemson will provide for a world-renowned leader in supply chain research to be hired to lead the center’s activities in education, research and industry outreach. The endowment also will support undergraduate and graduate research and educational programs in supply chain and logistics in the department of industrial engineering.

Article Source: http://www.share.onlypunjab.com

For more information visit www.fluor.com.

Please Rate this Article

5 out of 54 out of 53 out of 52 out of 51 out of 5 

Not yet Rated