MGMT 661: Exp Learning in Ops Mgmt

Transcription

1 M G M T : Exp Learning in Operations Mgmt Professor Amy David CRN: Experiential Learning Fall 2017 M G M T : Corporate Consulting Professor John Burr CRN: Available Projects List

2 Project 1A - Global Facilities Mgmt Sourcing Industry: Fabricated metal product manufacturing Scope: Americas and EMEIA facilities. Specifically day to day facilities management such as electrical, janitorial, ticketing of services, plumbing, and potentially smaller subconstruction processes such as IT lines, vending machines for food/beverages, etc. Intent: Purdue team to benchmark like companies with a similar geographic footprint to determine best in class supplier support and if a global supplier can manage all locations and provide savings as well as metrics. Purdue team to use analytics to determine costs, demand, etc. Development of a Request for Proposal (if deemed appropriate) and complete a sourcing negotiation and a potential supplier recommendation. Include a project execution timeline along with the resources needed to support implementation as well as the ongoing and sustaining the gains. This would drive standard processes in this space and would give us a good handle on suppliers, metrics, and ensuring that we are mitigating risk and/or reducing indirect spend. This sponsor has suggested two projects, and we will select one based on student preference when you rank projects in your application. MGMT 661: Exp Learning in Ops Mgmt

3 Project 1B Digitization of Product Manual Supply Chain Industry: Fabricated metal product manufacturing Today, the facilities are managing cribs and related spend in several different ways. In most facilities we use a service provider to buy material from, provide buyers, implement productivity projects, issue products from the crib, manage inventory, etc. To drive consistency and savings across the facilities, a program to manage cribs in a similar fashion will improve supplier relationships, increase opportunity for productivity, better support production and provide better visibility to product lifecycles of MRO products. We need to understand best in class practices for crib management and include a checklist for review with the mergers and acquisition. We need to determine if automated dispensing is included as a best practice as well as staffing the crib, buying responsibilities, inventory management, etc. This sponsor has suggested two projects, and we will select one based on student preference when you rank projects in your application. MGMT 661: Exp Learning in Ops Mgmt

4 Project 2 Logistics Business Development Industry: Transportation Team will identify opportunities for increased maritime cargoes throughout the state of Indiana. Freight handlers are looking to increase business and we need information on where these opportunities exist and the feasibility/hurdles with these opportunities. Possible opportunities include: containers, short-sea shipping, Quebec/Indiana trade, construction materials, synergies between the three Indiana ports. If the analysis indicates that these are viable options, we will aggressively pursue them. MGMT 661: Exp Learning in Ops Mgmt

5 Project 3 Forecasting and Network Optimization Industry: Food and Beverage There are 3 main peak periods for the sponsoring company s product: Big Game, Memorial Day and Independence Day. These demand spikes are huge strains on the network. The goal of this project is to create a model which will optimize risk and reward of having too few or too many sandwich rolls to service the peak periods think Newsboy meets network optimization. Key levers are pre-building inventory in expensive freezers, using co-manufacturers and shipping product out of market. The shelf life is very short, about 3 weeks, so there is very little margin for error. Depending on how complicated we scope the model, we can also optimize how much product we want to come back as stale. There is a fine line between having the shelves full, but not so full that the product goes stale before it sells through at the retailer. This sponsor is outside of the Midwest and the entire project will be conducted remotely. There will be NO travel to the sponsor s site. MGMT 661: Exp Learning in Ops Mgmt

6 Project 4 Supplier Development Process Improvement Industry: Electrical equipment manufacturing Sponsor company sources custom electrical equipment from producers overseas to meet demands of domestic customers. The sponsor invests considerable resources into identifying potential suppliers, developing their processes, testing, etc., but are finding that the product received still does not meet the exacting standards of customers. Through benchmarking, process mapping, and other tools, Purdue team will work to improve the supplier development process and make sure that the company has a robust process for supplier identification and development. MGMT 661: Exp Learning in Ops Mgmt

7 Project 5 Production Staff Balancing Sponsor company runs a 7 day/week operation, with a variety of production lines and many products in a single facility. Labor costs are driven by both the production schedules and the grade of employee used (e.g. operator, supervisor, shift lead). The Purdue team will work to reduce the labor costs at the facility, while maintaining compliance with work rules and quality standards. Possible areas for improvement are production scheduling, maintenance scheduling, and optimization of employee grades. This project team will contain several MS HRM students, and be co-advised by Deanna Kolar. MGMT 661: Exp Learning in Ops Mgmt

8 Project 6 Global Expansion for IT Solutions Industry: Records Management Solutions This company has a strong footprint in the US with over 3000 agencies as clients. They have started working with Indiana Export Initiative to develop a path for expansion. They believed they have identified countries to expand the operations and sales of the company. Going ahead, they want to continue the process and develop specific expansion strategies in Canada, Australia, NZ, and NL. Develop a sustainable business and operations model in Canada, Australia, NZ, and NL Define an internal team to take over the sales after the ELI program MGMT 690: Corporate Consulting

9 Project 7 Demand Creation for Professional Training Industry: Professional Certification The MBA project team will review the preliminary work done by Industrial Engineering Working Groups and INCOSE working groups. They are to the proposed business model, and market analysis into a more comprehensive marketing plan. The project team should assume that any previous work or assumptions can be questioned or changed, if needed to support your concept. The project should address these questions: Position == How should we brand this new product? Should we rename it prior to rollout? What rollout strategy works with the pricing scheme or access model? Price == What pricing scheme or access model should INCOSE adopt? Identify what features or services should be free and what services are premium for payment. What is the best approach to drive new membership, benefit students, professors, career SEs at all levels, while not disenfranchising current INCOSE members whose business is training/education? Market Segmentation == How should we segment the markets (geographically, generationally, by industry.)? Should there be differentiation in the product by market segment, e.g. for multinational markets. Customer Analytics Plan == What customer analytics should we gather to measure and monitor progress in each market segment as well identifying the next set of features for the product roadmap Customers == Identify the target user groups, How to assure the target user groups wish to continuously use the product over their career life cycle and how to convert them from free users to paid members or premium services. MGMT 690: Corporate Consulting

10 Project 8 Converting Export to Global Manufacturing Industry: Consumer Products This company currently exports product to Australia, Canada, Germany, Japan and the UK. The costs to ship, currency exchange fluctuations, and import duties make expanding in these markets and others overseas very difficult. The company is looking to do an analysis of manufacturing in other countries to determine capabilities, cost analysis and business legal issues to help to determine the top 3 places to manufacture and understand the risks/issues. With this we also want to compare those results to manufacturing and shipping from Canada (an easier place for use to get to but having a more favorable currency rate with more countries). MGMT 690: Corporate Consulting

11 Project 9 Environment Stimulated Innovation Industry: R&D (research parks, bur applicable to all) Government of the State of Nuevo Leon, Mexico is responsible for the promotion of public policies regarding Science, Technology and Innovation It operates the Technological Research and Innovation Park, PIIT, the Nuevo Leon Innovation Fund, the Nanotechnology Incubator and the Biotechnology Incubator of Nuevo Leon. Outcome: Strategic assessment and comparative analysis of the formation and evolution of two entrepreneurial ecosystems: Purdue University in West Lafayette, Indiana, United States, and the Nuevo Leon Institute for Innovation and Technology. This is applicable to students in trying to understand what makes companies innovative. MGMT 690: Corporate Consulting

12 Project 10 Measuring Success of Alliance Industry: Pharmaceuticals A 5 year strategic alliance has been formed between Purdue University and Eli Lilly. This is a unique research partnership presenting an excellent opportunity for both parties to establish standards of measuring success going forward and driving towards outcomes that are beneficial for all involved. Delivery of a robust framework to measure and report outcomes related to the strategic partnership with line of sight into both organizations. Examples of outcomes could include: leading and lagging metrics at the project/program/alliance level, financial milestones, ROI, efficiency evaluation of the investment compared to similar partnerships, etc. Leveraging the deliverables of the primary purpose, deliver a standardized process that could be applied to measure the success of future strategic partnerships. The Evaluation of efficiency of the investment compared to similar partnerships. MGMT 690: Corporate Consulting

13 Project 11 Corporate Social Responsibility Industry: Animal Health This project will provide Elanco with the necessary information to make a strategic investment decision on the potential to create both societal impact AND business impact. The goal of Elanco s cause-driven efforts is to be a global leader in sustainable food security initiatives. However, we may also have the opportunity to create future business value for the firm if we can translate our cause-efforts into create market development efforts for long-term sustainability for the food insecure and for Elanco as well as strengthen our relationships with customers. The goal of the project will be to analyze the current market opportunity within the Small Holder Farmer market segment / developing countries and determine both how Elanco can approach this opportunity directly as well as invite development funders to support these efforts. MGMT 690: Corporate Consulting