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Infinite Improbability Ventures
Toronto, Ontario, Canada
SS
Founder
Preferred learners
  • Anywhere
  • Academic experience
Categories
Business strategy Data analysis Supply chain optimization Market research Environmental sustainability
Project scope
What is the main goal for this project?

The primary goal of this project is to assess the feasibility and impact of transitioning from traditional single-use packaging to a refillable model in the supply chains of major drugstore retailers, such as Shoppers Drug Mart and/or Walmart. The study aims to provide valuable insights into the economic, environmental, and operational aspects associated with adopting a refillable packaging system within the context of these prominent retail chains. This project is to be completed using publicly available information such as financial statements, market research, and other resources.

What tasks will learners need to complete to achieve the project goal?

Cost Efficiency Analysis:

  • Evaluate the overall cost implications of implementing a refillable model compared to traditional single-use packaging within the supply chains of Shoppers Drug Mart and Walmart.
  • Assess transportation costs, packaging expenses, and potential savings in logistics.

Sustainability Impact Assessment:

  • Examine the environmental footprint of both models, emphasizing the reduction of packaging waste and carbon emissions.
  • Explore the potential for enhanced sustainability in the refillable model within the context of drugstore operations.

Operational Logistics Optimization:

  • Analyze the efficiency and effectiveness of supply chain logistics, distribution networks, and transportation routes in the context of refillable packaging for drugstores.
  • Identify opportunities for streamlining operations and reducing environmental impact.

Consumer Behavior and Adoption Patterns:

  • Investigate how the introduction of refillable packaging may influence consumer behavior at drugstore chains.
  • Understand consumer preferences, perceptions, and willingness to adopt refillable options in a retail setting.

Market Positioning and Competitive Advantage:

  • Assess the potential market positioning and competitive advantage for drugstore chains adopting a refillable packaging model.
  • Identify strategies to communicate and market sustainability initiatives to customers.


How will you support learners in completing the project?

Founder will be available to connect weekly or bi-weekly via Zoom to provide strategic direction and answer any questions students may have.

What skills or technologies will help learners to complete the project?
  1. Data Analysis
  2. Life Cycle Analysis (LCA)
  3. Supply Chain Management:
  • Skills Needed: Knowledge of supply chain processes, logistics, and optimization.
  • Purpose: Analyzing and optimizing drugstore supply chain operations.


About the company

Empowering Tomorrow's Visionaries, Today.
At Infinite Improbability Ventures, we redefine business landscapes by actively creating open-source data and driving innovation. Through strategic investments, we empower and catalyze the growth of start-ups, shaping not only their success but also contributing to the evolution of open knowledge. Our dynamic approach positions us at the forefront of industry transformation, where strategic vision and entrepreneurial empowerment converge to shape the future of business.