Purchasing - Materials Management Business Consulting Challenge

OPM 620
Closed
Seneca Polytechnic
Toronto, Ontario, Canada
James Phillips
Professor - Purchasing & Supply Chain Management
1
Timeline
  • January 12, 2020
    Experience start
  • January 14, 2020
    Project Scope Meeting
  • January 28, 2020
    Complete Situational Analysis
  • February 25, 2020
    Mid term project update (Via Skype)
  • March 28, 2020
    Final Presentations
  • March 28, 2020
    Experience end
Experience
1 projects wanted
Dates set by experience
Preferred companies
Toronto, Ontario, Canada
Any company type
Manufacturing, Government, Technology, Automotive, Transport, trucking & railroad, Airlines, aviation & aerospace, Defense & security

Experience scope

Categories
Leadership Communications Market research Operations Project management
Skills
teamwork project planning supply chain management innovation and problem solving value creation
Learner goals and capabilities
  • 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

Learners

Learners
Undergraduate
Any level
23 learners
Project
20 hours per learner
Learners self-assign
Teams of 5
Expected outcomes and deliverables

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 timeline
  • January 12, 2020
    Experience start
  • January 14, 2020
    Project Scope Meeting
  • January 28, 2020
    Complete Situational Analysis
  • February 25, 2020
    Mid term project update (Via Skype)
  • March 28, 2020
    Final Presentations
  • March 28, 2020
    Experience end

Project Examples

Requirements

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.