Submitted summer internship project report to MIT World Peace University
Submitted summer internship project report to MIT World Peace University
Sep 28, 2024
Sep 28, 2024
A summer internship project report submitted as partial fulfilment of the requirement for the award of MBA Degree.
A summer internship project report submitted as partial fulfilment of the requirement for the award of MBA Degree.
PUNE, 28 September 2024 – Navneet Anil Wadhavane, an MBA-IB student at MIT - World Peace University, today submitted his final academic internship project report. The "blackbook" submission, a capstone for his internship at BOSCH Ltd., details a successful digital transformation project at the company's Nashik plant.
The report, titled "A Project Report on the Digital Transformation of Internal Logistics at BOSCH," outlines the conceptualization and design of a new Material Transfer Management System (MTMS).
The project directly addressed critical operational inefficiencies. The plant's internal "Milkrun" logistics, a system for moving materials, was previously tracked using manual paper-based logs. This method resulted in a significant lack of data accuracy, making reliable performance monitoring impossible.
Mr. Wadhavane's project involved a complete Material Flow Analysis (MIFA) to identify bottlenecks. He then designed and proposed a new system utilizing QR codes for real-time, verifiable tracking.
The project's implementation proved highly successful, yielding significant, measurable results for the plant:
95% Data Accuracy: The new system eliminated manual errors, providing reliable data.
10% Gain in Delivery Efficiency: Achieved through an associated route optimization plan.
65-Minute Cycle Time Reduction: A direct result of the new, streamlined process.
The submission of this report highlights the successful application of advanced MBA concepts from MIT-WPU to solve complex, real-world challenges in a global manufacturing environment like BOSCH.
PUNE, 28 September 2024 – Navneet Anil Wadhavane, an MBA-IB student at MIT - World Peace University, today submitted his final academic internship project report. The "blackbook" submission, a capstone for his internship at BOSCH Ltd., details a successful digital transformation project at the company's Nashik plant.
The report, titled "A Project Report on the Digital Transformation of Internal Logistics at BOSCH," outlines the conceptualization and design of a new Material Transfer Management System (MTMS).
The project directly addressed critical operational inefficiencies. The plant's internal "Milkrun" logistics, a system for moving materials, was previously tracked using manual paper-based logs. This method resulted in a significant lack of data accuracy, making reliable performance monitoring impossible.
Mr. Wadhavane's project involved a complete Material Flow Analysis (MIFA) to identify bottlenecks. He then designed and proposed a new system utilizing QR codes for real-time, verifiable tracking.
The project's implementation proved highly successful, yielding significant, measurable results for the plant:
95% Data Accuracy: The new system eliminated manual errors, providing reliable data.
10% Gain in Delivery Efficiency: Achieved through an associated route optimization plan.
65-Minute Cycle Time Reduction: A direct result of the new, streamlined process.
The submission of this report highlights the successful application of advanced MBA concepts from MIT-WPU to solve complex, real-world challenges in a global manufacturing environment like BOSCH.
