Industrial extension service programs and implementation

¶ … Performed; Lab Partners

North Carolina State University has an Industrial Extension Service (IES) for the purpose of assisting small to medium size manufacturing companies in NC compete and succeed.

Industrial Extension Service is a vital part of North Carolina State University. It provides a foundation for the North Carolina business in various areas of work. The company boasts "the latest technologies and best practices in both engineering and business management." ("ies.ncsu.edu") Their main focus is to lead a manufacturing business to success. Their website illustrates the demand for manufacturing and the possible profits through various statistics. "Manufacturing continues to be the leading contributor to North Carolina's $398 billion Gross Domestic Product (GDP), at 18.2% in 2009, or over $72 billion. The next highest contributor to the state's GDP is real estate, rental and leasing: $41 billion, or just over 10%. In addition, manufacturing employs 15.1% of the total workforce, providing above-average wage jobs to more than 500,000 individuals. business to success."("ies.ncsu.edu")

Their claim of having the best to offer will be evaluated by the quality of the website and the information it offers along with the success stories. Can the IES website back it's claims? Can their success stories validate their status as North Carolina's foundation of business? There are video testimonies along with a large number of success stories to evaluate. The success stories are current, with the latest being in April. For the purpose of this lab, one case study will be reviewed. This case study is titled: "Saab Barracuda LLC: Provider of Camouflage Net Systems and Other Signature Management to Enhance Survivability"

HYPOTHESIS:

Purpose: The problem is to evaluate the validity of IES as an assistant to success for various manufacturing companies in North Carolina by reviewing Saab Barracuda LLC's success story.

Hypothesis: If the success story proves IES' competency, then the claims made by North Carolina State University in regards to IES will be proven true, because companies can succeed under their influence.

MATERIALS:

Websites utilized: www.ies.ncsu.edu and www.saabgroup.com

Computer

Internet

Word Processor

PROCEDURE:

Step 1: I will read the article titled: "Saab Barracuda LLC: Provider of Camouflage Net Systems and Other Signature Management to Enhance Survivability."

Step 2: I will research the company and determine the validity of the facts presented in the article as well as provide background information on the company.

Step 3: I will determine how IES assisted the Saab Barracuda LLC in succeeding.

RAW DATA:

"With the help of the Industrial Extension Service (IES) at North Carolina State University, their internal auditing has helped them maintain a clean record leading to zero action requests -- three years running as noted by their third party auditor. "("ies.ncsu.edu")

"In 1937 Saab was founded with the aim to meet the need for a domestic aircraft industry in Sweden. Today Saab serves the global market with products, services and solutions ranging from military defence to civil security. In 2012 Saab celebrates its 75th birthday. 75 years of defence and security in an ever-changing world. In August of 2009, Saab Barracuda, LLC, was awarded two U.S. Department of Defense contracts to supply the U.S. Army with a product called ULCANS (Ultra Lightweight Camouflage Net System), which is an advanced multispectral system designed to hide military objects that are in a static position. The facility expects the contract, worth $18.4 million, to keep them busy through this summer." ("ies.ncsu.edu")

Saab North Carolina division: 608 E. Mcneill St. Lillington, NC 27546 United States, http://www.saabgroup.com/us, Phone [HIDDEN]

Although the North American website is currently being prepared, here are the key facts of their European division:

Headquarters, Sweden

Saab AB

P.O Box: 703 63

SE-107 24 Stockholm, Sweden

Phone: +46 8 463 00

Fax: +46 8 463 01 52

In 2011, sales from markets outside Sweden corresponded to 63 (62) percent of sales.

Employees

13,068

Listed on OMX Nordic Exchange Stockholm

Ticker symbol

SAAB

Chairman

Marcus Wallenberg

CEO

Hakan Buskhe

Sales in 2011

MSEK 23,498 ("Saab Group")

RESULTS: