The Ptak Prize winners of the 2015 Global case competition

The 2015 Ptak Prize congratulates Team LMNTRIX from NITIE for winning the 2015 Global Ptak Prize case competition

The Ptak Prize competition started in early 2015 and saw over 100's of teams participate in various regional rounds from 10 different countries. Some of the local rounds involved simulation challenges, some regular cases and some via supported competitions and careful consideration of team performance. 

After months of selecting the top teams, 20 of them advanced to the final global round held in December 2015. Last years winners NITIE from India and Colorado State University from the US were also in the final 20, so expectations were high. 

 

The Challenge

The case involved solving a manufacturing problem around eye lenses and helping a company figure out a strategy to reduce waste, improve profitability all from a supply chain and financial perspective. 

The challenge involved variability in the production process and the company not knowing what SKU (eye lens diopter) would result from the process resulting in a tremendous unbalance of inventory. The challenge was to help solve this issue

Top 4 teams (of 20) and their relative scoring
Team Name University Country Total Score (on 50)
LMNTRIX NITIE India 44
BUPB-0108 Bangladesh University of Professionals Bangladesh 41
MXUB- 0104 Institute of Business Administration, Univ. of Dhaka Bangladesh 34
Tigers Colorado State University United States 33
Winning presentation
Congratulations to the winning team, the 1st through 3rd runner ups and all participating teams. It was a tremendous journey and you guys made it

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