Capstone – Project

Project 2: Students will work with a grocery chain to develop, promote, and maintain robust product forecasting models

A Collaboration Between

Engagement Synopsis

Students will work with a grocery chain to develop, promote, and maintain robust product forecasting models. 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.

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.
CourseFall 2021 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
Duration13.43 Weeks

Project Topics

Data Management

Growth Strategy

Marketing

Product Design & Development

Purchasing, Logistics, Supply Chain

Research & Development

Students

Student

Yash Bhadra

ybhadra@stevens.edu

Student

Shashank Uparwat

suparwat@stevens.edu

Student

Manthan Mehta

mmehta20@stevens.edu

Student

Yuqing Yang

yyang146@stevens.edu

Collaboration Timeline

Touchpoints & Assignments Due Date Type
Application Deadline for Fall 2021 Projects

Application Deadline for Fall 2021 Projects

August 13th, 2021 Event na
Resume Upload Resume Upload
 
August 13th, 2021 Submission Required submission-required
First Day of Classes

First Day of Classes

Students must register for their specified section of MGT 809 by this date.
August 30th, 2021 Event na
Teams finalized/students notified

Teams finalized/students notified

information coming soon
September 3rd, 2021 Event na
Kickoff Evaluation Due

Kickoff Evaluation Due

September 6th, 2021 Evaluation evaluation
Project Kick Off

Project Kick Off

Prior to this date, all projects will begin.
September 10th, 2021 Event na
UPLOAD MILESTONE #1 DELIVERBALE UPLOAD MILESTONE #1 DELIVERBALE
September 24th, 2021 Submission Required submission-required
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.
October 8th, 2021 Event na
Temp Check #1 Due

Temp Check #1 Due

October 8th, 2021 Evaluation evaluation
Temp Check #2 Due

Temp Check #2 Due

October 29th, 2021 Evaluation evaluation
Town Hall Presentations

Town Hall Presentations

DATE TBD! Mid-semester update on projects with faculty, staff, industry partners and students
November 15th, 2021 Event na
Temp Check #3 Due

Temp Check #3 Due

December 3rd, 2021 Evaluation evaluation
End Date of Fall 2021 Projects

End Date of Fall 2021 Projects

Students will work with their faculty advisors & industry partners to schedule end of semester presentations and wrap up any tasks.
December 10th, 2021 Event na
Drop Box for End of Project Deliverables Drop Box for End of Project Deliverables
 
December 10th, 2021 Submission Required submission-required
Final Peer Evaluation Due

Final Peer Evaluation Due

December 10th, 2021 Evaluation evaluation
Final Self Evaluation Due

Final Self Evaluation Due

December 10th, 2021 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

Instructor

Alkiviadis Vazacopoulos

avazacop@stevens.edu