Project Title: Ludwig Drums - Import Optimization/Cost Reduction (Elkhart, IN)

Conn-Selmer, Inc.

Details
Project Title Ludwig Drums - Import Optimization/Cost Reduction (Elkhart, IN)
Project Topics Product Design & Development Purchasing, Logistics, Supply Chain Reporting, Financial Planning & Analysis
Skills & Expertise
Project Synopsis: Challenge/Opportunity
Over the past 18-24 months freight costs from Asia have skyrocketed.  Conn-Selmer's own Ludwig brand drum kits are high mass, low dollar products, leaving the larger costs to be absorbed across low skus/dollars, making the product too expensive for the market place.  We need to optimize the logistical approach to make sure we are getting the lowest price and decrease the absorbed costs per unit. Project Location: 600 Industrial Parkway, Elkhart, IN 
Project Synopsis: Activities/Actions Required
Review routing guidelines, optimization of packaging and/or container space.  Determining if there is any waste or opportunities in the process to save overall cost while, which not disrupting the excellent quality that is being provided.
Project Synopsis: Expected Results
Coming up with a proposal that shows a path of reduced freight overhead absorption per unit.  This is the net "landed" cost of a drum set.  This is current calculated as purchase price + Purchasing Overhead (freight, duties).  As long as the net of those two are lower, it would be a success.  Any inventments would need to have a return on investment calculation as well.  Determining that they method we have is already the most optimal choice, while not wildly successful in terms of what we WANT, it would put our minds to ease that we have the best path already working for us.

Project Timeline

Conn-Selmer, Inc. - Ludwig Drums - Import Optimization/Cost Reduction (Elkhart, IN)
Due Date
Activities
Deliverables
Status
Action
Wed, 10/05/22
12:00 AM UTC
Teams Introduced
No Deliverables
No deliverables are required for this action item.
Location:
Event Description:
Student Teams Introduced to Project Mentors
Thu, 10/06/22
12:00 AM UTC
Finalize, Sign & Upload Statement on Intellectual Property Rights
Required Deliverable
Required Deliverable
Deliverable submission is required.
Sun, 10/09/22
12:00 AM UTC
Pre-Engagement Self Assessment
Required Evaluation
Evaluation submission is required.
Description:
Please complete this Pre-Engagement Self Assessment, which will help us measure your growth and learning!
Mon, 10/10/22
12:00 AM UTC
End of Day 1 GROUP Temperature Check
Required Evaluation
Evaluation submission is required.
Description:
By the end of Day 1, please schedule 20-30 minutes as a team either in person or via Zoom to check-in with each other. Give each person a chance to share 1) what they feel is going best so far about the project and 2) what questions/hopes they have for addressing any challenges that are coming up. 

Then, as a team please discuss and complete the questions in the GROUP TEMPERATURE CHECK. During the meeting, have one representative enter and submit the team's responses. 

Students may also reach out individually with any questions or concerns to Professor Muir (kmuir2@nd.edu), to Ben Wilson (bwilson2@nd.edu), or to your project mentor. 
Mon, 10/10/22
12:00 AM UTC
Program Kickoff
No Deliverables
No deliverables are required for this action item.
Location:
Tue, 10/11/22
12:00 AM UTC
End of Day 2 INDIVIDUAL Temperature Check
Required Evaluation
Evaluation submission is required.
Description:
By the end of your second day (Tuesday, Oct 11), as an individual please complete this INDIVIDUAL TEMPERATURE CHECK to provide your feedback on how things are going. Each person should submit an individual response.
Tue, 10/18/22
12:00 AM UTC
Post-Engagement Assessment
Required Evaluation
Evaluation submission is required.
Description:
Please complete this Post-Engagement Assessment so we can hear more about your experience and help measure your learning and growth!