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

Touchpoints & Assignments Due Date Type
Welcome, Spring 2022 Applicants!

Welcome, Spring 2022 Applicants!

Hi everyone! My name is Christina Sargiss and I coordinate our Industry Capstone Program. If you are reading this, then you are looking to apply & register for MGT 809: Industry Capstone Program for the upcoming Spring 2022 semester. This "Program Timeline" will provide you with a snapshot of what to expect regarding the application process & upcoming semester. If you have any questions regarding our available projects, application process, etc please email me directly at businessprojects@stevens.edu for support. Wishing you a happy & healthy 2022!
December 1st, 2021 Event na
Application Launch for Spring 2022 Projects

Application Launch for Spring 2022 Projects

Please utilize this google form apply for the Industry Capstone Program for the Spring 2022 semester: https://forms.gle/jqESmzWCRcrsoFae9 Once you have applied, via the google form, return to this page to upload a copy of your professional resume.
December 6th, 2021 Event na
Resume Upload for Spring 2022 Projects Resume Upload for Spring 2022 Projects
Please upload a copy of your professional resume here. Professional resumes should be one page in length and in PDF format.
December 6th, 2021 Submission Required submission-required
Deadline for Spring 2022 Projects

Deadline for Spring 2022 Projects

The deadline to submit your application & resume for the Spring 2022 semester is January 6, 2022.
January 6th, 2022 Event na
Teams Finalized & Sudents Notified

Teams Finalized & Sudents Notified

All students should be notified if they are/not selected to work on a Spring 2022 Project by this date. If you have any questions, please email Christina Sargiss at businessprojects@stevens.edu for support.
January 17th, 2022 Event na
First Day of Classes

First Day of Classes

The first day of classes, for the Spring 2022 semester, is January 18, 2022. By this date all selected students will have heard from Christina Sargiss with their assigned project, registration instructions, and additional information regarding the course MGT 809: Industry Capstone Program.
January 18th, 2022 Event na
Reminder of Confidentiality

Reminder of Confidentiality

During this program, you'll be working on a real project posed by a real industry partner. By registering for the CapSource system and participating in this Program, you are bound by the Rules of Engagement, including strict confidentiality of information shared with you. Please be respectful and professional.
January 21st, 2022 Event na
Temp Check #1 Due

Temp Check #1 Due

We use "Temperature Checks" to track student progress & gain feedback regarding the Industry Capstone Program. Please complete this brief google form by February 21, 2022. Survey link: https://forms.gle/R46teL2UXjwteRpS6
February 21st, 2022 Evaluation evaluation
Mid-Term Town Hall Presentations

Mid-Term Town Hall Presentations

Town Hall "Lunch & Learn Presentations" serve as a mid-semester update on projects with faculty, staff, and students from the School of Business. We are looking to schedule these presentations during the week of March 7, 2022. Additional scheduling information will be provided to the students, once the semester is underway. Please note that all presentations will be held via Zoom.
March 7th, 2022 Event na
Temp Check #2 Due

Temp Check #2 Due

We use "Temperature Checks" to track student progress & gain feedback regarding the Industry Capstone Program. Please complete this brief google form by March 25, 2022. Survey link: https://forms.gle/R46teL2UXjwteRpS6
March 25th, 2022 Evaluation evaluation
Final Town Hall Presentations

Final Town Hall Presentations

These Town Hall "Lunch & Learn Presentations" serve as the final opportunity for students to present their project findings and deliverables to School of Business faculty, staff, and students as well as the sponsor organizations. We are looking to schedule these presentations during the week of April 25, 2022. Additional scheduling information will be provided to the students, once the semester is underway. Please note that all presentations will be held via Zoom. Students will work with their faculty advisors & industry partners to schedule end of semester presentations and wrap up any tasks.
April 25th, 2022 Event na
Final Peer Evaluation Due

Final Peer Evaluation Due

May 4th, 2022 Evaluation evaluation
Final Self Evaluation Due

Final Self Evaluation Due

May 4th, 2022 Evaluation evaluation

Key Milestones & Project Process

Project Resources

There are no resources currently available

Company Supervising Team

There are currently no supervisors assigned.

School Supervisors

There are currently no supervisors assigned.