Proposed
Project for the MSU Industrial Math Students
Applied Mathematics in win/loss analysis
In a relatively mature industry such as contract office furniture,
understanding the meaning around win/loss data is very important. This
industry is very complex with several different drivers that lead an
end-user customer to make a final purchase. While we collect a vast amount
of data, it has always been a challenge to synthesize these resources into
something that is meaningful and can influence strategic and tactical
decision making. With both numerical as well as text data available, we
are looking for ways to apply advanced mathematics to provide insights into
patterns that may exist or are beginning to emerge based on our own past
experiences.
This project, which will build on the 2006 project, will dive deeper and
will relate even more data to our sales efforts to get better insight into
why customers make their purchase decisions and why they choose a
manufacturer. Due to the sensitive nature of this project, this project
will require working under a confidentiality agreement.
*About Steelcase Inc.
Steelcase, the global leader in the office furniture industry, helps people
have a better work experience by providing products, services and insights
into the ways people work. The company designs and manufactures
architecture, furniture and technology products. Founded in 1912 and
headquartered in Grand Rapids, Michigan, Steelcase (NYSE: SCS) serves
customers through a network of more than 800 independent dealers and
approximately 13,000 employees worldwide. Fiscal 2006 revenue was $2.9
billion. Learn more at www.steelcase.com.