Improving Lifecycle Management in the Vegetable Seed Business – BASF + SCV
Overview
Company Name / Department |
BASF + SCV |
Contact Person |
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Location | |
Optional remote work |
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Travel expenses (own account or reimbursed by the company) | |
Housing arranged by company | |
Housing expenses (how much per month, own account or subsidized by the company) | |
Internship compensation | |
Study program | Operations Management & Logistics |
ESCF community |
Full member |
Start date |
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Project Description
Project description:
This project aims to improve lifecycle management practices in the vegetable seed business. This sector is characterized by long production lead times (>2 yrs), high forecasting errors, and relatively high yield uncertainty due to unpredictable weather and grow conditions. Moreover, it’s challenging to predict demand for new type of products.
Goals of the project:
The student is expected to provide an overview of the current life cycle management practices. Subsequently, based on this analysis, the student should improve either of the following:
- Forecasting methods: Which level? Which methods? How to incorporate yield uncertainties? Which data?
- Product segmentation: When to phase in/out which products?
Deliverables:
Ideally, this project should lead to:
- Recommendations on a new life cycle management framework, and how this improves on the current practices.
Essential student knowledge:
- Programming
- Affinity with the agro sector
- Knowledge on forecasting
More information: escf@tue.nl