Practical example of base source optimization : footwear profiling at Nike, Inc.
Name
921182824-MIT.pdf
Description
Full printable version
Size
3.28 MB
Format
Adobe PDF
Checksum (MD5)
392e61818c3fc41ddfc248b8c8416c8b
Author(s)
Jacobs, David G. (David Gregory)
Advisor(s)
David Simchi-Levi and Stephen C. Graves.
Alternative Title
Footwear profiling at Nike, Inc.
Source base optimization : footwear profiling at Nike, Inc.
Date Issued
2015
Publisher
Massachusetts Institute of Technology
Abstract
The long term sourcing for footwear development, or "profiling," at Nike, Inc. has grown with the company and become significantly complex. It is no longer possible for a single person, no matter the level of experience, to optimize the company's profiling plan without computational assistance. Optimization methods, specifically mixed-integer linear programing, present an opportunity to save between 6.7 and 9.7% of combined labor and duty costs to the company. The model proposed by this research is responsible for justifying that potential but is merely a starting point for Nike, Inc. Further application and research into the company's manufacturing processes including transportation costs, technology groupings, and the Manufacturing Index (MI) could wield results that far surpass the levels obtained by this research. Implementation of an algorithmic approach is challenging for an organization that values "storytelling," collaboration, and narrative. However, in time I believe that this model, or something similar, will find a place, and deliver results, for Nike, Inc.
Description
Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2015. In conjunction with the Leaders for Global Operations Program at MIT.
Thesis: S.M., Massachusetts Institute of Technology, Engineering Systems Division, 2015. In conjunction with the Leaders for Global Operations Program at MIT.
Title as it appears in MIT Commencement Exercises program, June 5, 2015: Source base optimization : footwear profiling at Nike, Inc. Cataloged from PDF version of thesis.
Includes bibliographical references (page 31).
Subjects
Sloan School of Management.
Engineering Systems Division.
Leaders for Global Operations Program.
MIT Department
Leaders for Global Operations Program at MIT
Massachusetts Institute of Technology. Engineering Systems Division
Sloan School of Management
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