The proposal should give a high-level overview of the project. It should provide some general
information about the organization the project is meant for, a description of the problem or opportunity
that will be addressed with your innovative idea, and an overview of the technology that will be
integrated in your solution. It should also provide a scenario that exemplifies the how the solution will
serve the customer or end-user or organization. You can do this by developing a scenario(s) that
illustrates your vision in a brief narrative. The goal is to help the reader envision your innovative
solution.
The proposal should be presented using the following sections:
1. Title Page of the Proposed Project
2. Introduction (up to 0.5 page)
3. Potential Client (0.5 – 1 page)
General description of the organization that the project is intended for
4. Problem/Opportunity (0.5 – 1 page)
Description of problem/opportunity that your innovative idea will address
5. Potential technology solution (0.5 – 1 page)
Overview of the technology that could be used to address the problem/opportunity.
Keep this at a pretty high level (general level). You will present a more detailed
description in the next part of the project.
6. Pros and Cons of implementing this technology (0.5 – 1 page)
Identify positives and negatives of implementing this technology. Positives would be
benefits. Negatives could be things like outcomes that may not be desirable
Requirements: 4 Pages
I am working on a project and I want to focus on the company Walmart. The problem I am looking to discuss is their current overstock issues with their inventory. The part of the project as listed above will focus on a technology to help with inventory management.
Hope this information is sufficient
Problem: Inventory issues causing overtstock
Opportunity: Propose a technology to walmart to assist with Inventory Management
Answer preview
One of the hallmarks of high-performing organizations is that despite their success, these organizations constantly look for opportunities to improve the efficiency and effectiveness of their operations (Pandla, 2016). Such organizations realize that doing this is one of the effective strategies for attaining long-term viability and sustainability (Pandla, 2016). Walmart Inc. is one such organization. Despite the immense success the company has attained, its inventory management approach presents an opportunity to increase sales revenue and profitability,
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