Identify and use appropriate analytics techniques to solve the problem. Identify and engage with a company/industry where the project findings can be utilized and explore potential career opportunities within that industry/company.
Assignment Question
Operations and Supply Chain Project:
The purposes of this student team project are: (1) to identify a local company where students can collect necessary data to analyze at least one aspect of supply chain (for example, inventory, transportation, information, sourcing, etc.) to achieve right balance between responsiveness and efficiency; for student teams who do not have access to real company, data can be obtained from Excel files posted on Black board in a link titled “Alternative Supply Chain Project” and (2) to make recommendations to improve the effectiveness of the current practices adopted in the chosen aspect (perform comparison analyses to show improvement). The research project should include the following:
In this research project, the student must: 1. Define the project objective 2. Identify and use appropriate analytics techniques to solve the problem 3. This project must develop new research hypothesis/question on any global business issues; 4. This project must be authentic in portraying a current or emerging issue in the corporate/business ecosystem; 5. The project must clearly state the current business environment and the proposed objective of the project. This may be in the form of a new research hypothesis or question or a specific performance metric the team intends to improve. 6. This project must include managerial implications and the relevance to one or more business or technical disciplines must be demonstrated 7. This project must consider a real problem from any business disciplines; 8. Identify and engage with a company/industry where the project findings can be utilized and explore potential career opportunities within that industry/company; and 9. This project must include brief constructive feedback from other peer students. 10. The teams need to incorporate feedback from the instructor received during the semester. 11. The work breakdown between team members, and how an effective collaborative process was implemented must be described. 12. The team must explore as to how this project can help them in finding potential career opportunities within a specific company or industry.
For the purpose of measuring the learning goals, the following three (3) scores are given for this project: Score 1: The quality of company-specific analyses made to identify the decisions taken Score 2: The ability to make decisions under uncertain environment Score 3: The demonstration of collaborative decision-making
