Three Rutgers Business School students won the Institute for Supply Management national case competition in Orlando, bringing the top prize to Rutgers for a second year in a row.
The team – Diana Harriman, Sonali Shah and Marchela Stancheva, all seniors majoring in supply chain management – competed against students from Michigan State, Arizona State, the University of San Diego and Western Michigan.
"They’re three pretty sharp students. They worked well as a team, and they spent endless hours practicing,” said Paul Goldsworthy, assistant professor of professional practice who selected the students to represent Rutgers. "I am thrilled and proud of them – and Rutgers."
The case, which Harriman described as "really challenging," involved indirect procurement – an emerging trend in the industry. It required the students to make an executive-level case for why procurement at Adidas should take over IT, an indirect service.
Shah said the team spent more than 40 hours on the case, juggling the work around regular studies and extracurricular events. They divided up parts of the case to research and focus on, she said, and then came together on weekends to discuss and collaborate.
In the six years that students from Rutgers Business School's supply chain management program have participated in the case competition, Rutgers has won three times – more than any other school that has competed. "It’s a great way of showcasing Rutgers talent," Goldsworthy said.
Business Insight: Lavish employee perks cost U.S. billions in lost tax revenues
A whole new breed of fringe benefits and lavish employee perks are going untaxed, creating a troubling and costly problem for tax officials and policy makers, according to Rutgers Business School professor Jay Soled.
In a new Rutgers Business Insight, Soled explains how high brow benefits enjoyed by some U.S. business owners, executives and professionals cost the nation billions in lost tax revenues. In some cases, he says, employers are also using them to minimize their payroll tax obligations.
Listen to the options Professor Soled offers for how Congress should address the issue.
Watch the video