Project Title: Conduct a “Make or Buy” Cost Analysis
Ultrasonic Power Corporation
| Details | |
|---|---|
| Project Title | Conduct a “Make or Buy” Cost Analysis |
| Project Topics | Corporate Social Responsibility Operations |
| Skills & Expertise | |
| Project Synopsis: Challenge/Opportunity |
Rising labor costs has signaled an opportunity to review operation and sourcing strategies at Ultrasonic Power Corp. Our company is asking for your help gathering, organizing, and analyzing information to determine the most cost effective decision in a make-or-buy situation. This cost analysis can be performed by looking at the financial cost to buy the component versus the cost to produce the component, which allows us to make a decision based on an analysis of unavoidable costs. We need a comprehensive understanding the capital justification on these topics, and seeking your recommendation to either invest the capital/people development or continue to outsource. There are several make-or-buy decisions we are looking to review:
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| Project Synopsis: Activities/Actions Required | |
| Project Synopsis: Expected Results |
Project Timeline
| Touchpoints & Assignments | Date | Type |
|---|---|---|
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Project Reveal |
Feb 02 2022 | |
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Students Submit Project Preferences |
Feb 02 2022 | |
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Program Kickoff |
Feb 21 2022 | Event |
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Official Project End! |
Apr 05 2022 | |
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STUDENTS! Take a short survey on YOUR learning experience! |
Apr 05 2022 | Evaluation |
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STUDENTS! Let us know about your observations and experiences working with YOUR PEERS on this project! |
Apr 05 2022 | Evaluation |
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Milestone 1 Deliverable Due |
Jul 03 2022 | Submission Required |
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STUDENTS! Take the Project Kick-off Survey! |
Sep 02 2022 | Evaluation |
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STUDENTS! Let us know how you are doing! |
Sep 03 2022 | Evaluation |
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STUDENTS! Let us know how the project is going! |
Nov 04 2022 | Evaluation |
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Milestone 3 Deliverable Due |
Nov 04 2022 | Submission Required |
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Milestone 2 Deliverable Due |
Submission Required | |
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Project Launch |
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Milestone 4 Deliverable Due |
Submission Required |
Program Managers
| Name | Organization |
|---|---|
| Jenny Redisi | Northern Illinois University (NIU) |
Teams
| Team Name | Project Name | Team Members |
|---|---|---|
| No Teams Available |