MANZANILLO INTERNATIONAL TERMINAL (MIT) is a container port located east of the Panama Canal entrance in Manzanillo Bay, on the Atlantic Ocean. MIT plays a crucial role in the global cargo handling system due to its strategic location and its involvement in the transportation network of the world’s major shipping lines. This port terminal connects approximately 125 countries through container transshipment operations.
Ilumno serves over 100 higher education institutions worldwide, including 70 universities in the United States. Ilumno offers best practices and systems to optimize the administrative functions of universities, providing them with high-quality academic resources and cutting-edge procedures.
To ensure the quality of their services, we developed a model for Ilumno’s Latin American universities that allows for consistent projections of student enrollment aligned with revenue and faculty costs. With this tool, Ilumno was able to improve its projection of quantity of students, revenues and faculty costs.
The consistent projection of student enrollment and faculty needs enabled Ilumno to reduce the cost of hiring faculty by having better annual forecasts when preparing their budget.
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