In: Physics
Your consulting company has been selected as a finalist for a large consulting contract with a very prestigious company. The job will pay very well and will lead into other more profitable projects. As part of the selection process, you have been requested to prepare a one page summary to present your deployment plan and project launch for a waste minimization project to be given to the executive team at the company.
Please review the information below and prepare a project plan and timeline (one page max) that includes:
Scope/goal of the project – what areas will you target?
Six sigma deployment plan based on the DMAIC cycle – how will you start?
Timeline – how long will the project last?
Expected benefits – what are the waste reduction and cost benefits?
Cost and team size that will conduct the project – how much will you charge the company for the services and what return can they expect after your costs?
Please list any reasonable assumptions that you made while preparing the summary. Here is the information provided from the company:
The company is a metal fabrication and precision tooling facility that generated $8.2 million in annual sales including $800,000 in profit. The company employs 620 people with full engineering and maintenance teams. The company currently does not have any recycling programs and spends $450,000 for waste removal. They dispose of the following materials:
Steel – 1,000 tons
Office paper – 3,000 tons
Cardboard – 2,000 tons
Wood – 1,500 tons
Food waste – 2,500 tons
TOTAL: 10,000 tons
Current recycling commodity prices:
Steel – $600 ton
Office paper – $75 ton
Cardboard – $100 ton
Wood – $0 tons
Food waste – $0 ton