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

Touchpoints & Assignments Date Type

Teams Introduced

Oct 05 2022 Event

Finalize, Sign & Upload Statement on Intellectual Property Rights

Oct 06 2022 Submission Required

Pre-Engagement Self Assessment

Oct 09 2022 Evaluation

End of Day 1 GROUP Temperature Check

Oct 10 2022 Evaluation

Program Kickoff

Oct 10 2022 Event

End of Day 2 INDIVIDUAL Temperature Check

Oct 11 2022 Evaluation

Post-Engagement Assessment

Oct 18 2022 Evaluation