Benefits of the Involved Parties – 15th University

Benefits for all Involved Parties

Benefits for Students
Working on a real-time business problem provides students with motivation and encourages them to put more effort into enhancing a successful outcome for the project.
Students learn to behave in accordance with the company culture and improve their communication skills by interacting with company staff, and they gain practical and technical knowledge before graduation.
Students get the opportunity to meet and work closely with potential employers before graduation.
Students enhance their skills in solving practical problems by working on real-time business issues.
Students become able to use modern information technologies such as database design, modeling, web editing, simulation, and visual tools.
Students gain insight into the business processes and general dynamics of the project company.
Students also develop personal skills in effective time management, teamwork, project management, and decision-making.
After completing the project, students become aware of taking responsibilities in a professional work environment.
The visibility of the students increases in the professional field.
As the University-Industry Collaboration event is open to public participation, the students from the various universities participate and gain insights about the current logistics management activities.
Time by time, the participant profile is conducted by high school students which enables them to get the basic knowledge of the logistics management concepts and lead their career preferences.

Benefits for Company Representatives
Company participants benefit from the theoretical knowledge, academic background, and experiences of university faculty members, as well as the laboratory facilities available for the Department of Logistics Management.
Throughout an academic year, a project group consults the company representatives within their academic knowledge. Thus, company representatives can receive a service in consultancy from final-year students and academics who are competent in this field. that they would not normally expect from their own staff. Therefore, companies would be able to solve a real problem in their company from a different point of view of the students with a young, and dynamic perspective.
Company representatives create close connections between the students from the project groups and tend to offer new employment opportunities.
Students become aware of the job market and would be able to compare the several companies according to their interests.
Many company representatives consider this University-Industry collaboration as a social responsibility project and enhance their corporate social responsibility aspects.

Benefits for Department of Logistics Management
The department can increase its network by collaborating with different companies from the field. This also helps developing a close follow-up with the recent trends and problems in the professional field.
The curriculum of the department is regularly updated based on the feedback.
Conducted as a graduation course, this University-Industry collaboration event also provides an opportunity for students to be considered for their postgraduate education.