Learning Launch Tool

Challenge      I am currently a college student who is majoring in business management and has a

year left to graduate. As you advance in your career and are near the finish line you are  asked to either take part in a company's project of your choice or start up your own  business. Whatever you opt to go with has to be first approved by your advisor and then by a  board of professors, to validate that the project or business is viable. Given these options, I  found it more interesting to take part in a company's project.

The company of my choice was suffering warehousing problems and therefore

caused it to have high inventory costs and low turnover rates. These warehousing problems  were happening because the company did not have a standardized method on how the  merchandise should be placed and where it should be placed. This made it difficult for  employees to find products the customers asked for resulting in a loss sale. After doing an  extensive analysis of all the data necessary, using a methodology and a series of tools, one  of the most important being the learning launch tool, we came up with a solution to the  problem.

Selection      After discussing with the company our approach to try and minimize inventory costs

by having a proper space for everything we came to an agreement. Due to a low budget  from the company our approach had to be something that would not be a big investment,  therefore we decided to use the learning launch tool to see if our approach was viable. We  decided to use the learning launch tool to test if our approach was indeed going to reduce  what we had planned.    Aplication

We came to a conclusion that using the learning launch tool towards the end of our

project was our best bet. We decided this tool was the adequate one because we wanted to  prove if our idea had any potential to be implemented in the rest of the company's stores.  We implemented QR codes on some of the merchandise found in the warehouse to find it  easier and give it a designated place. We decided to use QR codes because it was the least  expensive way to have a control on the merchandise and its placement. After we placed the  codes on the merchandise we took different times for about three weeks. We decided to give  the tool a time of three weeks so we could gather enough information to verify if this option  was viable or we had to check for another approach.

The times taken where to verify if the time employees took to find the products inside

the warehouse and deliver it to the customer had been reduced. Another time was taken to  check how long  it took for an employee to place a product that had been misplaced in its  designated spot. These times and new data from those three weeks would help us verify if  our approach was the correct one.     Insight

By applying this tool we gained valuable information that could help the company

achieve great results by minimizing inventory costs and increasing its efficiency. After the  three week period we realized that using the codes and having a designated place for  everything worked to an advantage and brought positive outcomes to the company.

Using this tool we gained knowledge of its importance and opened our perspectives

on design thinking. We realized that thinking outside the box and looking for better  alternatives is a way we got to innovate and make the company's process better. With the  help of this tool we were able to finish the project on a successful note.      Approach

We decided given the scope and time to perform this project we got positive

outcomes. If we would have had more time or a bigger budget to perform this project we  would have looked into different methods of codes, like maybe RFID codes and place them  on part of the merchandise but would have still used the learning launch tool to verify if it  was a viable solution to the problem. We would have still used this tool because we would  need insight and verification that the innovative approach would work.


Learning Launch Tool Challenge I am currently a college student who is majoring in business management and has a year left to graduate . As you advance in your career and are near the finish line you are asked to either take part in a company 's project of your choice or start up your own business . Whatever you opt to go with has to be first approved by your advisor and then by a board of professors , to validate that the project or business is viable . Given these options , I found it more interesting to take part in a company 's project . The company of my choice was suffering warehousing problems and therefore caused it to have high inventory costs and low turnover rates . These warehousing problems were happening because the company did not have a standardized method on how the merchandise should be placed and where it should be placed . This made it difficult for employees to find products the customers asked for resulting in a loss sale . After doing an extensive analysis of all the data necessary , using a methodology and a series of tools , one of the most important being the learning launch tool , we came up with a solution to the problem . Selection After discussing with the company our approach to try and minimize inventory costs by having a proper space for everything we came to an agreement . Due to a low budget from the company our approach had to be something that would not be a big investment , therefore we decided to use the learning launch tool to see if our approach was viable . We decided to use the learning launch tool to test if our approach was indeed going to reduce what we had planned . Aplication We came to a conclusion that using the learning launch tool towards the end of our project was our best bet . We decided this tool was the adequate one because we wanted to prove if our idea had any potential to be implemented in the rest of the company 's stores . We implemented QR codes on some of the merchandise found in the warehouse to find it easier and give it a designated place . We decided to use QR codes because it was the least expensive way to have a control on the merchandise and its placement . After we placed the codes on the merchandise we took different times for about three weeks . We decided to give the tool a time of three weeks so we could gather enough information to verify if this option was viable or we had to check for another approach . The times taken where to verify if the time employees took to find the products inside the warehouse and deliver it to the customer had been reduced . Another time was taken to check how long it took for an employee to place a product that had been misplaced in its designated spot . These times and new data from those three weeks would help us verify if our approach was the correct one . Insight By applying this tool we gained valuable information that could help the company achieve great results by minimizing inventory costs and increasing its efficiency . After the three week period we realized that using the codes and having a designated place for everything worked to an advantage and brought positive outcomes to the company . Using this tool we gained knowledge of its importance and opened our perspectives on design thinking . We realized that thinking outside the box and looking for better alternatives is a way we got to innovate and make the company 's process better . With the help of this tool we were able to finish the project on a successful note . Approach We decided given the scope and time to perform this project we got positive outcomes . If we would have had more time or a bigger budget to perform this project we would have looked into different methods of codes , like maybe RFID codes and place them on part of the merchandise but would have still used the learning launch tool to verify if it was a viable solution to the problem . We would have still used this tool because we would need insight and verification that the innovative approach would work .