The BCTIM is a center set up jointly by Washington University's John M. Olin Business School, the Boeing Company and other corporate partners, with a view to fostering a more meaningful, mutually beneficial interaction between industry and academe, on issues relating to technology in general and IT, or information technology, in particular, and their impact on the firm in general, and more specifically on the management of its operations and those of its supply chain partners.

The BCTIM seeks to better expose members of the academic community (both teachers and the taught) to world-class technology, operations and supply chain management practices, and thus contribute to their research and teaching activities, or learning experience, respectively. It aims to provide industry with access to cutting-edge applied research and up-to-date educational and instructional material dealing with such issues. Finally, the BCTIM helps the pool of graduates - that the center's industrial partners routinely recruit from - become more "tech-savvy" and knowledgeable than they might have otherwise been.

The affairs of the BCTIM are currently managed by Professor Panos Kouvelis, Director of the center, in conjunction with Dean Mahendra Gupta, Dean of the Olin Business School.