FAU Hosts Successful Supply Chain Analytics Competition with Global Trading Company IMI
By Amber Bonefont | 05/09/2024
Tags: ITOM | Press-ReleasesCategories: Academics | Accolades | Initiatives | Students
A team of undergraduate students won Florida Atlantic University’s inaugural supply chain competition for their innovative solution to a real-life inventory management problem.
The team, comprised of Kurt Schindele, Livia Vieira, Kierra Etienne and Bruce Fong, took first place among 18 teams in the Florida Atlantic & International Materials Supply Chain Analytics Case Competition, hosted by the College of Business and the Delray Beach-based company International Materials (IMI). Ashely Rotton and Victoria Cardona came in second place.
“This competition gives students an opportunity to connect theoretical knowledge to practical applications,” said Steven Carnovale, Ph.D., associate professor and director of the masters of science in supply chain management in FAU’s information technology and operations management department. “We are pleased to have partnered with International Materials to provide valuable and practical to our students in the first year of this competition.”
The competition launched in January with each of the teams briefed on a case from IMI to solve. Teams were tasked with figuring out best practices on the quantity and timing of orders at three different location sites, predicting the amount of supplies needed, and creating a visualization tool to help managers with these two issues.
“The talent, dedication, and innovative thinking demonstrated by the participating teams in the competition were truly remarkable. Their commitment and resourcefulness in dealing with an unknown real-life business situation and complex data shone brightly throughout the final presentation. As a company deeply invested in professional excellence and engagement with the local community, we are excited to continue empowering undergraduate students to explore and excel in the dynamic field of supply chain management in partnership with FAU College of Business,” said Marc Dickson, vice president of human resources at IMI.
Supply chain management studies the flow of goods and services to and from a company and includes all the process involved in transforming raw materials and components into final products. FAU launched the Master of Science in Supply Chain Management in the fall of 2021. The degree consists of 10 courses that can be finished in 18 months.
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