Make/Buy Analysis - Montana Manufacturing Center

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MAKE/BUY ANALYSIS Training

ARE YOU EXPERIENCING ANY OF THESE CHALLENGES?
•	Wondering whether it would be more cost-effective to produce a part or purchase it from a supplier?
•	Supplier product availability issues causing significant problems in your ability to deliver to your customers?
•	Find yourself saying, "I could make that myself for all the hassle of getting it somewhere else!"?
•	Currently purchasing product or parts that are relatively simple in construction and raw material content?
•	Wish you had more solid financial reasoning for decisions on what to make vs. purchase from suppliers?

…If the answer is "Yes," then MMEC's Make/Buy Analysis training may be what you need.

COURSE INFORMATION

PREQUISITE: None

COURSE DESCRIPTION:
It's important to have sound financial reasons why you make vs. buy parts and subassemblies for your manufacturing operation. This course will give participants the tools and methods for make/buy decisions based on sound operations and financial analysis. Participants will learn how production capacity/capability, capital investment, organizational/administrative impact and service implications enter into the decision process. Make/buy analysis sheets demonstrating essential financial calculations will provide a practical and easy-to-use approach to make/buy decisions. Course attendees will gain the skills to be more confident and decisive on make/buy decisions.

LEARN HOW TO:

•	Identify and isolate the financial and/or organizational factors involved in a specific make/buy decision.
•	Calculate the costs and benefits associated with a "make" decision.
•	Calculate the costs and benefits associated with "buy" decision.
•	Assign varying weights to factors based on their relative impact on the make/buy decision.
•	Incorporate important non-financial factors into your decision.
•	Effectively present your analysis and the resulting make vs. buy decision.

WHO SHOULD PARTICIPATE: Company owners and business/financial managers.

COURSE LENGTH & FORMAT: 4 Hours; classroom presentation, case studies, discussion and Q&A.

CLASS SIZE GUIDELINES:
Public Event: 10 minimum
Private Company Event: Variable (depending on company demand)

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