Here’s how to run student-centered research on supply chains. Of course they are discussing masters and PhD students.
I find the technique is powerful at all levels of higher education. Projects force students to think deeply about an actual problem, and they also allow them to be creative in how to attack them. The professor becomes more of a coach– no preaching, but lots of encouragement, and a bit of guidance to keep the goal in mind and the project on track.
I recommend exploring how a project would fit into your class routine, especially one involving an outside client as they do at MIT.
Source: Capturing the Business Benefits of Student-Industry Collaboration
Supply Chain and Logistics 