Student Team: Joey Meisberger, Taylor Haws, Matt Jung, Gisela Condado, Pablo Martinez, Akshit Bajpai
Advisor: Steven Dunlop
Project Description: Premier Auto Detailing was established in 2003, and is a local car wash and detailing facility located in Lafayette, Indiana. Premier Auto Detailing services both local businesses and the greater Lafayette community. Premier Auto Detailing partnered with the Dauch Center to obtain an improved understanding of their current financial situation and to obtain innovative ways to improve their current operational processes. The financial analysis intended to guide management from Premier Auto Detailing to identify potential problems in their accounting and managerial systems, and the process improvement analysis was intended to find areas of improvement within their operational processes as well as to address any issues that their management team brought up. Multiple cost saving and process improvements were recommended to Premier Auto Detailing, including reducing their number of magazine subscriptions, imposing caps on some of their monthly expenses, implementing a vehicle classification system, and including a web based self-check in on their website. If Premier Auto Detailing implements some of these recommendations, we believe that they will see direct benefits from these cost saving and process improvement measures. This will be an ongoing collaboration between Premier Auto Detailing and the Dauch Center.
Summer Student Team: Matt Bobrowski, Koji Yamada, Sayan Sinha
Spring Student Team: Joey Meisberger, Taylor Haws, Matt Jung, Gisela Condado, Pablo Martinez, Akshit Bajpai
Project Description: In 2014, American Axle & Manufacturing, Inc., purchased what is now AAM’s Rochester Manufacturing Facility (ROMF), which is a 71,000 square foot facility with various machine tools in Rochester, Indiana. This is the first IN-MaC project grant for the center which emphasizes Indiana economic improvement. The project objective is to model, analyze and evaluate various proposals to maximize the Gross Profits, Contribution Margin and Internal Rate of Return (IRR) to support the utilization planning for the open floor space currently available. Through the adoption of these modeling and analysis capabilities, this project will result in the following outcomes:
1. Written proposal and recommendation of various alternatives utilizing a variety of academic methods/tools.
2. Final Project Summary to support the cost justification and project return on investment, implementation plan, etc. Detailed inventory storage management models and multiple plant layouts were recommended. Also included were financial analysis, material flow and SWOT analysis for different plant configuration and optimization of storage space including holding cost analysis.
Faculty Advisor: Stve Dunlop, Dr. Iyer
Students: Rushabh Banthia, Shounak Joshi, Manita Dagar, Pekham Dey, Satwik Kulkarni, Sushant Bhat, Vibhav Mishra, Varun Selvaraj