 Today we awarded the Besties Award and they were sponsored but why is it important that Besties Award is sponsored by a company? Because our students move into the labor market quite quickly after completing their master's program we want to underscore the importance of good linkages with important companies with leading companies in particular fields. And what is the effect of the Besties Award for the students? Well our students already have to work quite hard because they only get a limited amount of time to complete their thesis. So they are already quite incentivized but knowing that there could be an award waiting for them at the very end is an incentive to work even harder to produce a very nice thesis which is both scientifically rigorous and practically relevant. What kind of company is Menlo? What are you doing? Menlo is a company we design, we implement and manage supply chain solutions for our customers on the daily basis. So our core competence is to have a lean embedded in all our processes and at every level in our company. Why is Menlo worldwide logistics sponsoring this Besties Award? So supporting this course in supply chain management at such a prestigious university like Tilburg. Yeah that's very much where we are proud of and it underlines I think our commitment to support the university. And a short word for the winner, Kun, what have you got to say to him? I think he's a very dedicated and very knowledgeable from theory based student so I'm really looking forward to to see his development in the future and I really want to congratulate him again. What was your thesis about? It was about subcontracting within the Spraydry technology line of IFF Tilburg about saving money there trying to find the cheapest possible option. What they do is they subcontract parts of their production because they cannot meet the demand however as they have a thousand products it wasn't sure which products they should subcontract and which they should keep in-house and they asked me okay well I have a portfolio we subcontract right now could you take a look at how you should do it from theory and what that would potentially save. Very good and what is it that you are going to do? What is your new job? I'm a supply chain planner at Anova Seafood it's an important export company and fish of course and what I'm doing there is planning with an entire supply chain from buying to the customer. Why is Fujifilm sponsoring this award? First of all Fujifilm is located in Tilburg and we need very good people to support our new business development we want to be a good citizen of Tilburg. Tilburg has a very good university so we thought it was a good match to sponsor this like that. And is there a connection between Fujifilm and the university and if yes what is the connection? There is a connection we have several students which do their anthesis or their study or a kind of stagiaire with us so that's our link. And if you can say something to the winner of this this award Nick de Leo what would you say to him? Look what you like the most and use your knowledge to make the world a little bit better and hopefully he can find a good job like in a company like Fujifilm. Well a thesis was about the innovation performance of Chinese companies that take over targets from developed countries and whether that will improve in the process. Well and you have won 500 euros with this best thesis award so what are you going to do with the money? Well I'm going to buy some furniture from my new place in Amsterdam. And what is it that you are going to do in Amsterdam? I'm going to work at PWC as a deals consultant so again in the merchant acquisition field. And is there something you'd like to say to the winners of the best thesis award? That it was a very difficult choice because there were many good thesis but we do believe that we have picked the real winners the real best thesis of both supply chain management and strategic management.