Barrett, The Honors College Thesis/Creative Project Collection
Barrett, The Honors College at Arizona State University proudly showcases the work of undergraduate honors students by sharing this collection exclusively with the ASU community.
Barrett accepts high performing, academically engaged undergraduate students and works with them in collaboration with all of the other academic units at Arizona State University. All Barrett students complete a thesis or creative project which is an opportunity to explore an intellectual interest and produce an original piece of scholarly research. The thesis or creative project is supervised and defended in front of a faculty committee. Students are able to engage with professors who are nationally recognized in their fields and committed to working with honors students. Completing a Barrett thesis or creative project is an opportunity for undergraduate honors students to contribute to the ASU academic community in a meaningful way.
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- All Subjects: Supply Chain
Description
In this paper, I assess the current state of the opioid epidemic in the United States which has caused countless deaths since the 1990s. I analyze the current state of the pharmaceutical industry and how it is involved in perpetuating the opioid crisis in the United States through its supply chain. I identify four main issues which lead to the continuation of the opioid crisis: the shift to a continuous manufacturing model, the consolidation of pharmacy benefit managers, pharmaceutical companies' influence on medical professionals prescribing opioids to patients and the creation of an informal supply chain in which patients distribute their unused prescription pills. To address these issues and alleviate the problem of the opioid crisis caused by supply chains I propose that pharmacy benefit managers implement blockchain technology to increase supply chain visibility, increasing buyer power in the market and developing a reverse logistics system within the supply chain to dispose of unused prescriptions.
ContributorsHicks, Kyle (Author) / Keane, Katy (Thesis director) / Konopka, John (Committee member) / Department of Supply Chain Management (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
As sustainability has become more prevalent it has become clear that companies have a pressing need to incorporate sustainability into their business. The purpose of this study is to analyze the ways that integrating sustainability can actually provide a financial benefit for a company. Through interviews and extensive research, we will target sustainability initiatives that work for both small and large businesses. This is another key part of our research; addressing the discrepancy in how businesses of different sizes are able to use sustainability, and then finding sustainability initiatives that recognize this discrepancy and are effective for businesses of all sizes.
As sustainability has become more prevalent it has become clear that companies have a pressing need to incorporate sustainability into their business. The purpose of this study is to analyze the ways that integrating sustainability can actually provide a financial benefit for a company. Through interviews and extensive research, we will target sustainability initiatives that work for both small and large businesses. This is another key part of our research; addressing the discrepancy in how businesses of different sizes are able to use sustainability, and then finding sustainability initiatives that recognize this discrepancy and are effective for businesses of all sizes.
Through the interviews of three large corporations (Amazon, Dell, and Lowes), and four small businesses (Exel Shirts, Goode Deals, Desert Dream Ice Cream, and FitzGerald and Sons Contracting) we were able to discover several very effective sustainability initiatives, such as ocean plastics recycling at Dell or packaging advertisements at Amazon. This thesis then discussed what characteristics of these plans are easiest to transfer and implement for businesses of all sizes, classifying the “ideal” sustainability initiative. Possible revenue earners like reusing scrap, and the intangible benefits like saved labor of telecommuting as some of the most significant financial value that sustainability can provide for companies of all sizes.
As sustainability has become more prevalent it has become clear that companies have a pressing need to incorporate sustainability into their business. The purpose of this study is to analyze the ways that integrating sustainability can actually provide a financial benefit for a company. Through interviews and extensive research, we will target sustainability initiatives that work for both small and large businesses. This is another key part of our research; addressing the discrepancy in how businesses of different sizes are able to use sustainability, and then finding sustainability initiatives that recognize this discrepancy and are effective for businesses of all sizes.
Through the interviews of three large corporations (Amazon, Dell, and Lowes), and four small businesses (Exel Shirts, Goode Deals, Desert Dream Ice Cream, and FitzGerald and Sons Contracting) we were able to discover several very effective sustainability initiatives, such as ocean plastics recycling at Dell or packaging advertisements at Amazon. This thesis then discussed what characteristics of these plans are easiest to transfer and implement for businesses of all sizes, classifying the “ideal” sustainability initiative. Possible revenue earners like reusing scrap, and the intangible benefits like saved labor of telecommuting as some of the most significant financial value that sustainability can provide for companies of all sizes.
ContributorsFitzgerald, John Haviland (Author) / Keane, Katy (Thesis director) / Iryna, Printezis (Committee member) / Department of Supply Chain Management (Contributor) / School of Sustainability (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
This thesis explores the likely impacts of climate change on agricultural production globally and in the state of Arizona, and on agricultural supply chains. It shows increases in severe weather, including hotter temperatures and droughts, will have a negative impact on crop production in the state and on global agricultural supply chains. It also shows the effects on the environment caused by our current cradle-to-grave supply chains. As a partial remedy, this thesis explores the benefits of vertical farming systems and shows how they could be of value to the residents of Arizona.
ContributorsKing, Emily Marie (Author) / Kirby, Andrew (Thesis director) / Carter, Craig (Committee member) / Department of Supply Chain Management (Contributor) / School of Sustainability (Contributor) / School of International Letters and Cultures (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
Graytech Operations Management Simulation is an educational videogame that teaches the fundamental principles of operations management. It was coded from scratch in Java and is playable as an executable jar file. Designing the game required creating a business case, designing a production process, and turning that process into a playable program. The simulation serves as a simplified version of what the player will face in their professional careers, giving them a solid way to practice and experiment with introductory operations management principles in a low pressure setting. The game puts the player in charge of a simple factory floor. The player controls direct materials ordering, manages the capacities of each process, and identifies and responds to changing bottlenecks, all while managing limited financial resources. Using the principles and strategies taught in their introductory supply chain courses, the player will attempt to maximize profits by manipulating the production system. Through playing this simulation, the player will gain a higher understanding of operations management principles while also having fun in the process. The finished game, supplementary tutorial videos, and source code can be freely accessed online at www.graytechsimulation.wixsite.com/download.
ContributorsGray, Carson (Author) / Van Orden, Joseph (Thesis director) / Sopha, Matthew (Committee member) / Department of Finance (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
At the outset it may seem as if fields of business and history are two irreconcilable fields. However, careful study of both reveals that the two are far from dissimilar. After all, one cannot expect to conquer the world without impeccable logistics, and no organization succeeds without a competent culture. Two great civilizations rose to prominence because their supply chains and methodologies outstripped their contemporaries. The first is the Romans. Once a small village situated on the Italian Peninsula, Rome’s empire grew to encompass the entirety of the Mediterranean world during the first century CE. The second is the Mongols, nomadic horseman who formed the largest contiguous empire in history roughly twelve hundred years later. At its height, the Mongol civilization spanned from the Pacific Ocean in the east to the forests of Europe in the west.
Both great civilizations achieved their empires due to their innovative supply chains, organizational tactics, and culture. Each, however, presented their own unique solutions to the problem of world conquest by capitalizing on their respective strengths. For the Romans, this meant placing an emphasis on infrastructure, adopting and modifying the technologies of other peoples, and instituting a culture that emphasized achievement and resilience among an aristocratic elite. The Mongol’s, however, focused on their force’s mobility rather than infrastructure, emphasized recruiting of outsiders to supplement their weakness, and developed a meritocratic system largely free of aristocratic structure. Both empires, however, emphasized the importance of each soldier as a self-sufficient unit to ease the strain of the overall supply chain.
These two civilizations therefore provide valuable insight for two diametrically opposed business environments. The first being manufacturing companies, with the need for rigid processes and investments in infrastructure not unlike the Romans. The second being startups with their need for speed and flexibility much like the Mongols. Thus, by examining the past modern companies gain valuable insights in how to structure their organizations for the future.
Both great civilizations achieved their empires due to their innovative supply chains, organizational tactics, and culture. Each, however, presented their own unique solutions to the problem of world conquest by capitalizing on their respective strengths. For the Romans, this meant placing an emphasis on infrastructure, adopting and modifying the technologies of other peoples, and instituting a culture that emphasized achievement and resilience among an aristocratic elite. The Mongol’s, however, focused on their force’s mobility rather than infrastructure, emphasized recruiting of outsiders to supplement their weakness, and developed a meritocratic system largely free of aristocratic structure. Both empires, however, emphasized the importance of each soldier as a self-sufficient unit to ease the strain of the overall supply chain.
These two civilizations therefore provide valuable insight for two diametrically opposed business environments. The first being manufacturing companies, with the need for rigid processes and investments in infrastructure not unlike the Romans. The second being startups with their need for speed and flexibility much like the Mongols. Thus, by examining the past modern companies gain valuable insights in how to structure their organizations for the future.
ContributorsCurtis, Alexander (Author) / Kellso, James (Thesis director) / Brettle, Adrian (Committee member) / Department of Supply Chain Management (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
The purpose of this thesis is to gain a better understanding of current academic research from multiple professional sources and to understand how research in supply chain management and logistics is connected and can be used to generate new conceptual and business performance breakthroughs. The information used in the completion of this summation includes summaries and brief analysis from four different supply chain seminars hosted by Arizona State University supply chain faculty members and invited outside researchers. Beyond this, a comprehensive literature review of the first seminar examines the unintended consequences of health policy and impact of opioid prescribing behavior in the United States. This review encompasses multiple current academic articles that relate to and expand upon the topics discussed in the lecture.
ContributorsHeiberger, Brian (Author) / Oke, Adegoke (Thesis director) / Printezis, Antonios (Committee member) / Department of Supply Chain Management (Contributor) / Dean, W.P. Carey School of Business (Contributor) / Watts College of Public Service & Community Solut (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
This study aims to examine how the use of consensus-based transactions, smart contracts,and interoperability, provided by blockchain, may benefit the blood plasma industry. Plasmafractionation is the process of separating blood into multiple components to garner benefitsof increased lifespan, specialized allocation, and decreased waste, thereby creating a morecomplex and flexible supply chain. Traditional applications of blockchain are developed onthe basis of decentralization—an infeasible policy for this sector due to stringent governmentregulations, such as HIPAA. However, the trusted nature of the relations in the plasmaindustry’s taxonomy proves private and centralized blockchains as the viable alternative.Implementations of blockchain are widely seen across pharmaceutical supply chains to combatthe falsification of possibly afflictive drugs. This system is more difficult to manage withblood, due to the quick perishable time, tracking/tracing of recycled components, and thenecessity of real-time metrics. Key attributes of private blockchains, such as digital identity,smart contracts, and authorized ledgers, may have the possibility of providing a significantpositive impact on the allocation and management functions of blood banks. Herein, we willidentify the economy and risks of the plasma ecosystem to extrapolate specific applications forthe use of blockchain technology. To understand tangible effects of blockchain, we developeda proof of concept application, aiming to emulate the business logic of modern plasma supplychain ecosystems adopting a blockchain data structure. The application testing simulates thesupply chain via agent-based modeling to analyze the scalability, benefits, and limitations ofblockchain for the plasma fractionation industry.
ContributorsVallabhaneni, Saipavan K (Author) / Boscovic, Dragan (Thesis director) / Kellso, James (Committee member) / Department of Information Systems (Contributor) / Department of Supply Chain Management (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
This thesis discusses the case for Company X to improve its vast supply chain by implementing an artificial intelligence solution in the management of its spare parts inventory for manufacturing-related machinery. Currently, the company utilizes an inventory management system, based on previously set minimum and maximum thresholds, that doesn’t use predictive analytics to stock required spares inventory. This results in unnecessary costs and redundancies within the supply chain resulting in the stockout of spare parts required to repair machinery. Our research aimed to quantify the cost of these stockouts, and ultimately propose a solution to mitigate them. Through discussion with Company X, our findings led us to recommend the use of Artificial Intelligence (A.I.) within the inventory management system to better predict when stockouts would occur. As a result of data availability, our analysis began on a smaller scale, considering only a single manufacturing site at Company X. Later, our findings were extrapolated across all manufacturing sites. The analysis includes the cost of stockouts, the capital that would be saved with A.I. implementation, costs to implement this new A.I. software, and the final net present value (NPV) that Company X could expect in 10 years and 25 years. The NPV calculations explored two scenarios, an external partnership and the purchase of a small private company, that lead to our final recommendations regarding the implementation of an A.I. software solution in Company X’s spares inventory management system. Following the analysis, a qualitative discussion of the potential risks and market opportunities associated with the explored implementation scenarios further guided the determination of our final recommendations.
ContributorsHolohan, Joseph Michael Houston (Co-author) / Shahriari, Rosie (Co-author) / Aun, Jose (Co-author) / Heineke, Christopher (Co-author) / Gurrola, Macario (Co-author) / Simonson, Mark (Thesis director) / Hertzel, Michael (Committee member) / Department of Finance (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
Coffee is one of the most widely consumed beverages in the world, with a staggering 1.4 billion cups of coffee poured a day (Coffee Consumption around the World). One-point six percent of total US GDP is made up by coffee operations and fuels 1.6 million jobs in the United States (The Global Coffee Industry). However, with an increasingly complex political and economic world, along with the threat of climate change, the world’s coffee supply is at risk of total collapse. There are two primary varieties of coffee consumed in the world, Arabica and Robusta coffee. Most coffee producing countries run along the equator and are generally classified as developing economies. The global south is relied upon for coffee production. “Across Mexico and Central America, over 4 million people depend directly on coffee production for their livelihoods” (An Integrated Framework). Coffee production helps boost these economies and support families financially, with many workers having to support dependent individuals.
ContributorsWinter, Lauren Dorothy (Author) / Keane, Katy (Thesis director) / Printezis, Antonios (Committee member) / Department of Supply Chain Management (Contributor) / School of Sustainability (Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description
As the world becomes more globalized and interconnected, foreign investment has become a popular way to enter new markets, to facilitate trade, and to stay competitive. As more and more companies are looking to expand internationally, it is important to understand how economic, political, infrastructural, competence, and socioeconomic factors of a region can and should impact these investments and investment decisions. Through a comparative analysis of Taiwan and Hong Kong, this report will demonstrate how these factors can impact an investing company and will offer guidance as companies determine how the structure, history, and resources of a region will impact their foreign investment decisions. Data surrounding these elements is becoming more widely accessible every day. Utilizing this information will help companies stay competitive and prepared as they expand internationally.
ContributorsOlson, Abigail Emma (Author) / Dooley, Kevin (Thesis director) / Collins, Gregory (Committee member) / Dean, W.P. Carey School of Business (Contributor, Contributor) / School of International Letters and Cultures (Contributor, Contributor) / Barrett, The Honors College (Contributor)
Created2020-05