Live Case – Project

Maximizing labor efficiencies and quality, while cutting costs in Just-in-Time additive manufacturing process

A Collaboration Between

Project Synopsis

We custom design and fabricate 3d printed casts for fracture care, and deliver quickly to doctors and hospitals all over the country. Because of the custom nature of the product, our highest cost, by far, is labor. The labor required is skilled labor, so the staff is highly trained, and must be maintained a living wage to retain them. The nature of fracture care is that some days we may have 24 orders, and other days we have 2. But our staff remains overhead expense – which is expensive for a self-funded start-up. It is essential to maximize our labor efficiency and productivity and minimize our costs, which is hard with Just-in-Time, variable demand and quick turnaround time requirements, as we have to staff (and equip) for the peaks, and maintain our trained staff through the slow times.
In addition, quality control is very important on every device that is hand-finished. It’s important to have a second set of eyes and a QC checklist in place for every device, to make sure the product is flawless, shipping contents are complete, shipping is on-time, shipping costs are minimized, and it is sent to the right place.
Finally, our marketing expenses are high, since it is a new technology, and every doctor and sales rep wants a sample. Each sample must be hand-fabricated and finished as inventory, and then shipped at our expense, a small fraction of which result in a sale.
Determine the most effective staff scheduling/management process to ensure that on-demand orders are processed quickly and efficiently, and that staff time/labor is as effective as possible to maximize output and minimize overhead costs.
Determine key checks that must be done on the product, packaging contents and shipping method/address to minimize staff time and eliminate errors.
Find a cheaper shipping option for our marketing samples.
A staffing plan designed to retain trained staff while minimizing cost and turnaround times while maximizing productivity.
A QC procedure that is efficient and effective.
An inventory management plan for our marketing samples.
Better sample and small package shipping rates.

Project Topics

Company Information

CompanyActivArmor
HQPueblo, CO
RevenueN/A
Employees5-10
StageEstablished Startup
Hiring PotentialFollow-on Projects
Websitehttp://www.activarmor.com

Company Overview

Custom designed, waterproof 3D printed casts for fracture care.  Fabricated on-demand and shipped to doctors and hospitals across the country.

Experiential Learning Program Details

SchoolUniversity of Wisconsin-La Crosse
Engagement FormatLive Case - Think "Hackathon" or Case Competition with a whole class of students! This learning format allows educators to deliver experiential learning to students at scale. Students are often split into groups to work on a live case (or a series of cases) from a real host company that directly relates to key learning objectives.
CourseManagerial Accounting
Level
  • All Undergraduate
Students Enrolled110
Meeting Day & Time3 sections - M-W-F 55 mins (11:00 AM 11:55 AM, 12:05 PM 1:00 PM, and 1:10 PM 2:05 PM) Meeting with company once weekly.
Student Time Commitment1-3 Hours Per Week
Company Time Commitment1 Hour
Duration1.43 Weeks

Program Timeline

Touchpoints & Assignments Due Date Type
CASE MATERIALS RELEASED

CASE MATERIALS RELEASED

Detailed information on Company Engagement
March 23rd, 2022 Event na
REMINDER OF CONFIDENTIALITY

REMINDER OF CONFIDENTIALITY

During this program, you'll be working on a real project posed by a real industry partner. By registering for the CapSource system and participating in this Program, you are bound by the Rules of Engagement, including strict confidentiality of information shared with you. Please be respectful and professional.
March 24th, 2022 Event na
KICKOFF EVALUATION DUE

KICKOFF EVALUATION DUE

March 25th, 2022 Evaluation evaluation
RESUME UPLOAD DUE RESUME UPLOAD DUE
 
March 25th, 2022 Submission Required submission-required
Kickoff Webinar Session with Company During Class Time

Kickoff Webinar Session with Company During Class Time

Prepare questions for Q&A Session Join Zoom Meeting https://wisconsin-edu.zoom.us/j/96888030892?pwd=K0s2ZlVtcjdodGpPR1dVYklqVnJDdz09   Meeting ID: 968 8803 0892 Passcode: 819928
March 30th, 2022 Event na
Drop In Q&A SESSION 1 with Industry Partner

Drop In Q&A SESSION 1 with Industry Partner

5:30 - 6:00 Central Time (Optional for Students) Join Zoom Meeting https://wisconsin-edu.zoom.us/j/99706963812?pwd=ZDlkS3YrTlJRVnp5WGFSei9mRkRpdz09 Meeting ID: 997 0696 3812 Passcode: 286326
April 6th, 2022 Event na
TEMP CHECK #1 DUE

TEMP CHECK #1 DUE

April 8th, 2022 Evaluation evaluation
Drop In Q&A SESSION 2 with Industry Partner

Drop In Q&A SESSION 2 with Industry Partner

5:30 - 6:00 Central Time (Optional for Students) Join Zoom Meeting https://wisconsin-edu.zoom.us/j/99706963812?pwd=ZDlkS3YrTlJRVnp5WGFSei9mRkRpdz09 Meeting ID: 997 0696 3812 Passcode: 286326
April 15th, 2022 Event na
UPLOAD MILESTONE #1 DELIVERABLE UPLOAD MILESTONE #1 DELIVERABLE
 
April 18th, 2022 Submission Required submission-required
Feedback Session 1 @ 5:30 PM CT

Feedback Session 1 @ 5:30 PM CT

You can meet the CEO of the company to get formative feedback on your 1st deliverable/milestone to increase your performance in the final report. https://wisconsin-edu.zoom.us/j/95056806453?pwd=SzZHbUNiVmJwU09Eb0xYMDJOeHZEUT09 Meeting ID: 950 5680 6453 Passcode: 289643
April 20th, 2022 Event na
Drop In Q&A SESSION 3 with Industry Partner

Drop In Q&A SESSION 3 with Industry Partner

  5:30 - 6:00 Central Time (Optional for Students) Join Zoom Meeting https://wisconsin-edu.zoom.us/j/99706963812?pwd=ZDlkS3YrTlJRVnp5WGFSei9mRkRpdz09 Meeting ID: 997 0696 3812 Passcode: 286326
April 22nd, 2022 Event na
UPLOAD MILESTONE #2 DELIVERABLE UPLOAD MILESTONE #2 DELIVERABLE
 
April 25th, 2022 Submission Required submission-required
TEMP CHECK #2 DUE

TEMP CHECK #2 DUE

April 26th, 2022 Evaluation evaluation
Feedback Session 2 @ 5:30 PM CT

Feedback Session 2 @ 5:30 PM CT

You can meet the CEO of the company to get formative feedback on your 2nd deliverable/milestone to increase your performance in the final report. https://wisconsin-edu.zoom.us/j/91953372399?pwd=MFFYNzRpeWxwV2JWcUNKalQxd250QT09 Meeting ID: 919 5337 2399 Passcode: 257009
April 27th, 2022 Event na
Drop In Q&A SESSION 4 with Industry Partner

Drop In Q&A SESSION 4 with Industry Partner

5:30 - 6:00 Central Time (Optional for Students) Join Zoom Meeting https://wisconsin-edu.zoom.us/j/99706963812?pwd=ZDlkS3YrTlJRVnp5WGFSei9mRkRpdz09 Meeting ID: 997 0696 3812 Passcode: 286326
May 3rd, 2022 Event na
SUBMIT FINAL DELIVERABLE SUBMIT FINAL DELIVERABLE
SUBMIT your REPORT in word or pdf format and a single VIDEO for your group presentation to BOTH Capcource page AND Canvas. One person in the group should submit on behalf of the group. In the video, state your group session as ACC 222 03, 04, and 07 and your names before presenting your project.
May 5th, 2022 Submission Required submission-required
PEER EVALUATION DUE

PEER EVALUATION DUE

May 13th, 2022 Evaluation evaluation
SELF EVALUATION DUE

SELF EVALUATION DUE

May 13th, 2022 Evaluation evaluation
FINAL GRADES DUE

FINAL GRADES DUE

For each group, the group video and final project report will be graded individually based on a 100% scale. Our assessment criteria are CBA Oral and Written Communication rubrics. The rubrics are available at https://www.uwlax.edu/cba/undergraduate-curriculum-learning-goals-and-objectives2/#tm-communication-goals
May 16th, 2022 Evaluation evaluation
Top 3 Winning Project Reports Announced by Company

Top 3 Winning Project Reports Announced by Company

The top 3 groups will be selected, regardless of the session of ACC 222.
May 20th, 2022 Event na

Key Project Milestones

  • April 18, 2022 - Milestone One: Conduct a Deep Dive into ActivArmor and Conduct Quality Control Cost Analysis, Process Mapping and Performance Improvements

    • Conduct a deep analysis of the ActivArmor’s history, brand, mission and values and how these are “lived” by the company.
    • What is ActivArmor’s target demographic, product, and business model?
    • What is the customer’s problem and how is ActivArmor’s product solving that problem? What is their unique value proposition?
    • What is the ActivArmor’s pricing model?
    • What are the sources of revenue by category? What are the expenses by category?
    • What type of QC control process is the company currently using? Can you map it out end-to-end?
    • What cost accounting measures and data points are associated with ActivArmor’s quality control processes?  Who are the managerial decision makers and users of this information? How is the information used to assure quality product and cost efficiency?
    • How effective is the company’s current QC process? Are there missing costs unaccounted for in the current quality control process?
    • How could the quality control process be improved?

    Suggested Deliverable:

    • Deliverable(s) 1-2 page infographic overview of the company
    • Create a workflow infographics depicting current and recommended quality control costs, data inputs, decision makers and decision making timeline in production process;Report and spreadsheet with analysis of costs associated with quality control measures, recommended KPI’s for quality product production and delivery.
  • April 25, 2022 - Milestone Two: Manufacturing Labor Cost/Time Analysis and JIT Scheduling for quickest turnarounds

    1. What are manufacturing labor costs, and how are the allocated (above/below the line)
    2. What are the sales volumes at which each additional manufacturing employee is at least/max efficiency?  Can you measure the ROI of each additional employee and the sales volume at which they break even?
    3. Considering the process flow of design, print setup, print time, finishing, QC, shipping, shipping hours, and print failures, what is the most efficient and effective work schedule hours plan for manufacturing labor to meet the fastest turnaround times?  For the current 2 staff members, then 3, then 4, up to 12 additional employees?
    4. Can you recommend measures of manufacturing staff ROI for ActivArmor to gain cost efficiency? Time efficiency? What KPI’s do you recommend?

    Suggested Deliverable:

    Deliverables: Employee cost analysis spreadsheet with accompanying report providing plan and suggestions for improved ROI’s.  Staff time schedule and suggestions for improvement in turnaround time and quickly addressing failures.

  • May 5, 2022 - Milestone Four: Document and Benchmark Scheduling and Shipping Costs

    • What costs are associated with shipping ActivArmor’s sample products?
    • How do these costs compare to industry standards in similar product sectors with similar business models (small sample shipping)?
    • What labor costs are involved in sample development and shipping?
    • What improvements can you recommend to create efficiency in labor and shipping costs for product samples?

    Suggested Deliverable:

    Deliverables: Spreadsheet with documentation and analysis of current costs and ROI associated with sample production and shipping; Report and infographic detailing recommendations for reducing costs and increasing ROI from sample production and shipping.

Project Resources

Industry Mentors

Company Admin

Diana Hall

[email protected]

Academic Mentors

Instructor

Mehtap Eklund

[email protected]

Assigned Students

There are currently no students assigned.