On Bills of Materials and data flows: THI Practical Seminar on Controlling at BFFT
Materials master files, costing Bills of Materials, inventory management – all topics that an automotive engineering designer like BFFT must address, or to be more specific, the BFFT colleagues from the Controlling, Purchasing & Logistics, as well as the Concept Development & Tooling Departments. Now they are getting help in this from business students from the Technical University of Ingolstadt (THI).
The 13 students, male and female, attended the Practical Seminar on Controlling during the 2016 summer semester, led by Prof. Dr. Michael Mayr (Automotive and Mobility Management Studies Director). Team 1 looked at the potential for optimizing product classification and the processes for receiving and sending out goods. Team 2 looked at the process for, and analysis of cost calculation of Bills of Materials. Finally, Team 3 analyzed the overall inventory management data and information flows that would ensure the most accurate and clear data storage system possible.
For BFFT it was important that the three teams took a fresh look at the processes mentioned above and made suggestions for improvements. So after the kick-off event on March 18th, more meetings were held with BFFT on-site, where participants were given a deeper insight into the processes being analyzed, could ask questions and were able to present their initial findings. At the final presentation on June 24th at the BFFT Headquarters, the commercial director of BFFT, Michael Mittag, was then able to listen to the three teams’ proposals and discuss them together.
For BFFT, this collaboration with the students was definitely worth it, and some of their suggestions have already been implemented. Prof. Mayr also drew a positive conclusion from the experience: “Being able to learn and apply things directly in practice is an important and valuable experience for our students. We are looking forward to the next joint BFFT practical seminar.” So is BFFT!