Master thesis: Production cost analysis at an additive manufacturing production unit
Sandvik division Additive Manufacturing offers a thesis project position within the area of analysis of production costs.
New technologies emerge on the market as we speak, and right now the industry considers near-net shape technologies such as additive manufacturing (AM) to be one of the disruptive frontrunners. Sandvik division Additive Manufacturing produces bespoke additive manufactured parts at the AM Services Center in Sandviken, Sweden.
To further develop our offering and to complement our growth plan in production, we aim to gain a better understanding of the production cost of additively manufactured components. We believe that there is a vast opportunity to drive down production costs through standard tools like value chain analysis and cost accounting.
What makes the opportunity to contribute to this project unique for you as a graduating student is the fact that you will be part of a newly established, diverse and energetic team at our AM Service Center. You will be working alongside industry experts and in an AM production environment and getting hands-on experience on the latest AM technology.
Background and scope of the project
The goal of the project is to provide the data needed to better calculate current and future production costs. The data and findings you contribute with will be used for budgeting and in the offering process with our customers.
Your analysis will be based on current and future production equipment. You will be using methods such as measuring production times and conducting value chain analysis, as well as modelling production costs.
There is an opportunity to also deep-dive in theoretical methods when analyzing the current cost structure and the current production cost calculation methods. Based on this initial data gathering and analysis, different methods for production cost calculation should be evaluated. The goal is to recommend and introduce a model that can be utilized with real-world customer cases from our sales and production teams. Furthermore, your task will derive useful KPIs that can be used to monitor future production. Ideally, the thesis will include proposed actions to drive down cost and lead time in the future.
- Value chain analysis of current production
- Analysis of current cost calculation method
- Analysis of current cost structure and accounting
- Visualizing value chain analysis and deriving proposed actions
- Evaluating different industry-standard cost calculation tools
- Recommend and implement cost calculation method in current offering and production process
- Recommend actions for the reduction of waste in production
- Recommend introduction of additional KPIs for control and steering of production cost
The ideal candidate is a mechanical engineer or economy student or similar, with studies focused on production methods, production costs and accounting techniques. It would be good if you have experience from working in established production environments. Accounting experience, working with lean manufacturing principles and insight into additive manufacturing are also beneficial.
The thesis shall be written in English or Swedish language. The working language is either Swedish or English.
At Sandvik, we believe that diversity of experience, perspective and background leads to a better environment for our employees, our business and our customers. Now, we’re looking forward to meeting you!
The project has a scope that will encompass 30 credits, corresponding to 20 weeks of full-time studies. The work is expected to start in January or February 2022. The location is Sandviken, Sweden where your presence will be required on a regular basis.
Application and contact information
For more information about this thesis project or to apply, please contact:
Harald Kissel, phone: +46 70 616 76 79
Please send your application to the contact above as soon as possible, and no later than December 31, 2021, as selections are made on an ongoing basis.