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: Expected Results |
Project Timeline
Ultrasonic Power Corporation - Conduct a “Make or Buy” Cost Analysis
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Due Date
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Wed, 02/02/22
12:00 AM
UTC
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Project Reveal
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No Deliverables
No deliverables are required for this action item.
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Description:
Students are introduced the the project topics.
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Wed, 02/02/22
12:00 AM
UTC
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Students Submit Project Preferences
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No Deliverables
No deliverables are required for this action item.
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Description:
Use this process to� elect your preferences and be assigned to project teams. [INSERT LINK]
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Mon, 02/21/22
12:00 AM
UTC
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Program Kickoff
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No Deliverables
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Location:
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Tue, 04/05/22
12:00 AM
UTC
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Official Project End!
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No Deliverables
No deliverables are required for this action item.
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Description:
Note: Schedule a time for student final virtual presentations to industry partners.
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Tue, 04/05/22
12:00 AM
UTC
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STUDENTS! Take a short survey on YOUR learning experience!
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Required Evaluation
Evaluation submission is required.
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Description:
Please take a few minutes to complete this SELF ASSESSMENT SURVEY on your learning experience with this project!
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Tue, 04/05/22
12:00 AM
UTC
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STUDENTS! Let us know about your observations and experiences working with YOUR PEERS on this project!
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Required Evaluation
Evaluation submission is required.
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Description:
Please take a few minutes to complete this PEER EVALUATION SURVEY!
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Sun, 07/03/22
12:00 AM
UTC
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Milestone 1 Deliverable Due
Required Deliverable
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Required Deliverable
Deliverable submission is required.
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Description:
Please upload your deliverable using the link above.
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Fri, 09/02/22
12:00 AM
UTC
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STUDENTS! Take the Project Kick-off Survey!
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Required Evaluation
Evaluation submission is required.
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Description:
Take a few moments to complete this PROJECT KICKOFF SURVEY before the project begins!
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Sat, 09/03/22
12:00 AM
UTC
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STUDENTS! Let us know how you are doing!
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Required Evaluation
Evaluation submission is required.
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Description:
Please take a few minutes to let us know how the project is going for you using this TEMPERATURE CHECK SURVEY
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Fri, 11/04/22
12:00 AM
UTC
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STUDENTS! Let us know how the project is going!
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Required Evaluation
Evaluation submission is required.
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Description:
Take this short survey to let us know how the project is going for you! [INSERT TEMP CHECK LINK]
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Fri, 11/04/22
12:00 AM
UTC
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Milestone 3 Deliverable Due
Required Deliverable
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Required Deliverable
Deliverable submission is required.
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Description:
Please upload your deliverable using the link above.
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Milestone 2 Deliverable Due
Required Deliverable
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Required Deliverable
Deliverable submission is required.
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Description:
Please upload your deliverable using the link above.
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Project Launch
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No Deliverables
No deliverables are required for this action item.
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Description:
[NEED TO COORDINATE with Greg to schedule videoconferencing meeting with class}
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Milestone 4 Deliverable Due
Required Deliverable
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Required Deliverable
Deliverable submission is required.
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Description:
Please upload your deliverable using the link above.
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Program Managers
| Name | Organization |
|---|---|
| Jenny Redisi | Northern Illinois University (NIU) |
Teams
| Team Name | Project Name | Team Members |
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| No Teams Available |
