Capstone – Project

Forecasting

A Collaboration Between

Engagement Synopsis

Students will work with a grocery chain to develop, promote, & maintain robust product forecasting models. Students will contribute to conversations about pricing, promotions, assortment, and store/shelf layouts with the company and also provide insight to assist with prioritization of market opportunities while optimizing loyalty program touch points.
Students will also work with their faculty advisor and team of peers to:
Develop, promote, & maintain robust product forecasting models
Collaborate with key partners in sales, brand management, and finance to obtain consistent forecast inputs.
Own and facilitate monthly forecast consensus process, resulting in rolling demand plans
Systematically identify and work to reconcile discrepancies, and close gaps, among inputs on an ongoing basis.
Align forecasts to assist distribution centers in support of logistics.
Ensure successful execution of customer promotions through effective planning, leverage key customer event inputs.
Track weekly/monthly forecast errors; identify and report on root causes.
Requirements:
Familiarity with forecasting techniques
Knowledge of SAS, Python or R
Familiarity with quantitative and statistical concepts
Strong interpersonal skills and the ability to interact well with all levels of management
Team player with the ability to build productive relationships
Business writing and presentation skills
Knowledge of project management
Strong technical skills in Microsoft Office and data visualization tools

Company Information

CompanyCompany S
HQN/A
RevenueUnlisted
EmployeesUnlisted
StageLarge Enterprise
Hiring PotentialN/A
Website

Company Overview

Students will work with a grocery chain on market basket analysis and use data mining techniques to uncover associations between purchased items. Students will identify combinations of items that customers buy together and highlight the relationships between items in a single purchase/basket. Students will contribute to conversations about pricing, promotions, assortment, and store/shelf layouts with the company and also provide insight to assist with prioritization of market opportunities.

Course Info & Engagement Details

SchoolStevens Institute of Technology, School of Business Industry Capstone Program
Engagement FormatCapstone - Small Team Consulting Project - Students work in small groups of 2-6 directly with faculty and host company project champions on developing real solutions to real-world challenges.
CourseMGT 809: Spring 2022 Industry Capstone Program
Level
  • All Graduate
Students Enrolled30 (5-6 students per project)
Meeting Day & TimeTBD
Student Time Commitment8-15 Hours Per Week
Company Time Commitment1 Hour
Duration11 Weeks

Project Topics

Data Management

Growth Strategy

Marketing

Operations

Reporting, Financial Planning & Analysis

Research & Development

Students

Student

Mandar Kurade

mkurade@stevens.edu

Student

Archit Patil

apatil25@stevens.edu

Student

Xin Zhao

xzhao50@stevens.edu

Student

Ruixi Wang

rwang67@stevens.edu

Student

Xiaoyu Zhou

xzhou46@stevens.edu

Collaboration Timeline

Key Milestones & Project Process

Project Resources

There are no resources currently available

Company Supervising Team

There are currently no supervisors assigned.

School Supervisors

Instructor

Khasha Dehnad

businessprojects@stevens.edu

Instructor

Frank Gallucci

fgallucci@whitestone.net

Instructor

Pat Saporito

patsaporito@gmail.com

Instructor

Alkiviadis Vazacopoulos

avazacop@stevens.edu

Instructor

Saptaparna Gupta

sgupta6@stevens.edu