Every process can be improved. In your industry, you can be sure that competitors are striving to achieve increasing performance goals.
A company’s performance can be measured as a dollar-per-hour output by dividing total annual revenue by the total annual hours worked by all personnel. The stated performance goals should be to:
Achieve the 90th percentile in your industry of revenue dollars per hour.
Increase the rate of improvement in output by 2% per month.
Manufacturing leaders need the training and skills to develop a plan to achieve these goals, creating value and wealth for the company. Please see the following case study on how an improvement team, in the gap between improvement and perfection, changed the temperature and time for compression molding and controlled the number of pieces in the sequence of work. With these improvements, output doubled, using fewer operators and machines.
There may be many strategies to achieve success, but there is only one right answer to continuous improvement. And that answer is… Art Stout! I’ve spent my professional life helping business owners implement the right changes to generate cash and grow their earnings in months, not years. My mission is to do the same for you. Let’s schedule a meeting so I can learn about the challenges you are facing, and we can create a solution.
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