Purchasing - Materials Management Business Consulting Challenge
General
- Undergraduate; 3rd year
- 23 learners; teams of 5
- 20 hours per learner
- Dates set by experience
- Learners self-assign
Preferred companies
- 1 projects wanted
- Toronto, Ontario, Canada
- Academic experience
- Any company type
- Manufacturing, Government, Technology, Automotive, Transport, trucking & railroad, Airlines, aviation & aerospace, Defense & security
Categories
Skills
Project timeline
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January 12, 2020Experience start
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January 14, 2020Project Scope Meeting
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January 28, 2020Complete Situational Analysis
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February 25, 2020Mid term project update (Via Skype)
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March 28, 2020Final Presentations
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March 28, 2020Experience end
Timeline
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January 12, 2020Experience start
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January 14, 2020Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates. On-site at clients location including a plant (facility) tour and face to face meeting with client project lead and functional personnel
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January 28, 2020Complete Situational Analysis
Review of current Supply Chain Management function, collection of data, relevant materials etc., that will allow the student consultants to develop the project plan and investigation of possible countermeasures. How this will be accomplished needs to be discussed at initial Project Scope Meeting.
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February 25, 2020Mid term project update (Via Skype)
Progress report at the midway point of the project
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March 28, 2020Final Presentations
Final presentations of proposed solutions to clients top management and projects lead in person Seneca College, 1050 Finch Ave East.
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March 28, 2020Experience end
Overview
- Details
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- A team of 4-5 students to assist your organization on a Purchasing - Materials Management challenge! Based on the client's requirement, this can be a single challenge with multiple teams offering different solutions or multiple challenges assigned to different teams.
- Mentor: Prof. Phillips-a highly skilled practitioner, with experience at the Tier 1 & OEM levels. Skills incl. Accounting; Operations, Purchasing/Mat'l/Mgmt; Supply Chain Mgmt., Lean Mfg., Continuous Improvement
- Learner skills
- Teamwork, Project planning, Supply chain management, Innovation and problem solving, Value creation
- Deliverables
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Complete project plan of the client's challenge(s)
Bi-weekly updates via on-line Skype for business meetings
End of project presentation on-site of the various solutions developed by the team(s)
Presentation will include:
- Executive Summary
- Situation Analysis
- Problem Statement
- Countermeasure analysis
- Recommended actions
The final presentation(s) with proposed solutions will become the clients property
Project Examples
In this assignment, students will dive deep into a particular challenge or opportunity that you provide. They’ll work with a contact from your organization to gain a thorough understanding of the needs of your business and (if applicable) the competitive landscape of your industry.
As a participating organization, you’ll be asked to provide a particular question, topic or challenge that will be their area of focus. Their review and recommendations may encompass other areas as well, but they’ll provide specific recommendations to address your chosen topic.
Examples could include, but are not limited to:
- How to reduce your costs of production as it relates to Purchasing & Supply Chain activities?
- Help transform your organization from a traditional to Contemporary Model
- How to improve your supply chain processes to be more responsiveness to changes in demand?
- Help your organization develop a performance reporting system for Suppliers?
- Introduce quality assurance into your purchased parts?
- Help develop a supplier Development program
- Develop or Optimize your Purchasing process?
- Develop a Supplier Evaluation and Selection process/template?
- Review and offer advice on your current Purchasing strategy?
- Rationalization/Consolidation of supply base?
- Conduct a detailed Spend Analysis?
- Develop a Continuous Improvement program with your suppliers?
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Incentives, prizes, and/or awards (hereafter referred to as “Incentives”) may or may not be offered at the sole discretion of the organization and awarded upon the completion of the project. Instructors will not be involved in any part of the selection, ranking, or awarding of Incentive winners. Organizations that elect to offer Incentives are solely responsible for the screening, selection, awarding, and provision of any Incentives. Seneca College assumes no liability and is not responsible for the selection, ranking, awarding or provision of the Incentives to the winners.
Top Management feedback to the student team(s) at a final presentation.
Initial face to face with with the instructor to initiate the relationship and to get an understanding of the clients capability and requirements.
Provide a dedicated contact who is available to answer periodic emails or phone calls over the duration of the project to address students' questions.
Commitment to share information as required.