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This is a wake up call for you and your company.
Last quarter, I mentioned that my business was
trending toward International sales. It was of a
concern to me as I would prefer to be educating
our American industry and not our foreign
competition.
Well during last quarter (April-June), my business
recorded record International sales. My shipments went
to 12 different countries and represented 75% of my
business. I can’t believe that our American
manufacturing management is allowing our foreign
competitors to gain a competitive knowledge advantage.
But, if other education enterprises are experiencing
similar sales trends, foreign competitors are
increasing their training investments while American
companies are moving in the opposite direction. And,
the results could have a negative long term effect on
America’s manufacturing growth and profits. To that
end, I have written the below article for your serious
consideration and hopefully “take action.”
Have a nice day, keep the faith, and stay connected.
Bill Gaw
Business Basics, LLC
Bg@bbasicsllc.com
760-945-5596
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HOW’S YOUR COMPETITIVE KNOWLEDGE
It takes more than quick fixes, stock buybacks and
token downsizing for manufacturing companies to
consistently exceed earnings expectations.
While these strategic options may yield temporary
financial relief, they are not the way to long term
growth and profitability.
For manufacturers to consistently exceed profit
expectations, they will need to fight it out in the
markets they serve by providing higher quality products
at competitive prices with shorter lead times or lose
market share.
OPTIONS FOR SURVIVAL
Best options? Speedup business processes, improve
product/service quality and reduce operational costs.
A major challenge to your success will be the need
to upgrade the knowledge of all manufacturing people.
The ability to learn faster than your competitors
may be your only sustainable competitive edge.
BUSINESS GURUS ALL AGREE
Steven Covey, Tom Peters and Peter Drucker agree that
at the top of all management's "must-do" list should
be an agenda that provides their people with on-going
education.
This is easy to say but hard to do when faced with the
day-to-day challenge of running a business. To this
end, I continue to preach about our E-learning
tutorials that are helping companies increase their
manufacturing competitive knowledge.
The tutorials are all based on successful
"manufacturing turnaround" experiences and are value
packed with unique tools, techniques and
methodologies.
WHERE TO START
Many of you have received my free mini-tutorial,
“The 6-Change Initiatives for Personal and Company
Success.”
For those of you who have not, I have delineated a
brief summary of each of the change initiatives below:
CHANGE INITIATIVE #01 - LEAN MANUFACTURING
Let's wake up to reality - to achieve a company's full
growth and profit potential, we need to continuously
improve the effectiveness of MRPII/ERP Systems.
Demand flow technology not systems sophistication is
the key to improving performance and results. We need
to improve MRPII/ERP's inapt shop order "launch and
expedite" subsystems by implementing Kaizen Based
Lean Manufacturing (KBLM). Leading companies are using
KBLM to optimize their factory floor operations and
provide a vital contribution to their company's "bottom
line" performance.
To review our relevant e-Tutorial, “Kaizen Based Lean
Manufacturing,” GO TO:
http://bbasicsllc.com/kblm-ar.htm
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CHANGE INITIATIVE #02 - PERFORMANCE MANAGEMENT
Financial numbers may tell us we're winning the war, but
it takes Performance Management to show us how to
focus our energy and efforts to win each of the battles
along the way.
To review our relevant e-Tutorial, “Balanced Scorecards,”
GO TO:
http://bbasicsllc.com/bsc-ar.htm
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Change Initiative #03 – Total Quality Management
Any business or company operating successfully must
have a system to run the business. Then, what is this
so-called 'Quality System' or 'Quality Management
System'? Is it something new that can solve all your
problems? Rest assured ... it is nothing new. It is
documenting commonsense rules or methods for running
a business. ISO 9000 is the standard for the winners.
To review our relevant e-Tutorial, “Self-directed
ISO 9000:2000 Conformance,” GO TO:
http://bbasicsllc.com/iso9000-ar.htm
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Change Initiative #04 - Strategic Planning
Strategic planning is a business process that many
companies employ to identify their critical success
factors that set the course for future growth and
profits. Lewis Carroll in "Alice in Wonderland" makes
a good case for it: "Would you tell me, please, which
way I ought to go from here?" said Alice. "That
depends a good deal on where you want to get to," said
the Cat. "I don't much care where...," said Alice.
"Then it doesn't matter which way you go," said the
Cat.
To review our relevant e-Tutorial, “Strategic Planning
and Tactical Execution,” GO TO:
http://bbasicsllc.com/sp-ar.htm
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CHANGE INITIATIVE #05 - SUPPLY CHAIN MANAGEMENT
Companies will never achieve their full growth and
profit potential, let alone gain the benefits of their
supply chain, as long as business leaders continue
to talk about value-added supplier partnerships while
continuing to treat their suppliers as adversaries.
Material handling and inventory storage are two of
manufacturing's high cost, non-value-added activities.
The elimination of the stock room, as it is known
today, should be a strategic objective of all
manufacturers. Moving materials to their point-of-use
is not a new concept, the auto industry has done it
from its beginning and all industries have had success
with point-of-use, low cost hardware.
To review our relevant e-Tutorial, “Kaizen Based Supply
Chain Management,” GO TO:
http://bbasicsllc.com/scm-ar.htm
------------------------------------------
CHANGE INITIATIVE #06 – LEAN SIX SIGMA
The purpose of this change imitative is to help
companies identify and achieve their full growth and
profit potentials. It provides participants an
opportunity to learn how to build a foundation for
successful Six Sigma implementation
No significant change initiative, e.g. MRP, ERP, TQM,
lean manufacturing, and Six Sigma can be successful
unless certain key business basics have been put in
place and mastered. In my experience, directing a
change initiative project such as Six Sigma without
first identifying and mastering the relevant business
basics is an effort doomed to failure.
To review our relevant e-Tutorial, “Lean Six Sigma,”
GO TO:
http://bbasicsllc.com/LSS-ar.htm
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Leading edge companies are using our cost-effective
e-tutorials to train their people on a time available
basis. Our training methodology is for anyone ...
anywhere ... anytime or can be used for in-house
PowerPoint presentations for self-directed teams.
If your manufacturing team is perplexed by shop floor
chaos, end-of-the-month scrambling, problem fire-
fighting and/or inter-department finger-pointing, you
need help. Our e-tutorials are a sound option.
Isn’t it time that you took the “bull by the horns,”
identified the change initiative that would help your
company the most, and go to the referenced Web site
page and place an e-Tutorial order.
Believe this, I will never consider your purchase
binding until you have reviewed all the material and
put it into practice. We know that you, like our other
customers, will be thrilled with the results. In fact,
we are so convinced that the e-Tutorial will work for
you that if you aren't completely satisfied for any
reason at any time, simply return it for an immediate
refund of your purchase price. You simply can't lose.
Remember, if you continue to work the same way, you're
going to get the same results. The next move is up to
you. I've shown you that our e-Tutorial are as risk
fr<ee as an offer can come. You and I know that if
you've read this far, you're seriously interested in
bringing sanity to your day-to-day work environment
and helping yourself and your company achieve their
full growth and earnings potential.
So, “take action,” order your e-Tutorial today.
Determine the change initiative most important to your
company’s growth and profit and “CLICK ON” the relevant
Web site page link and your on the way to better times.
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Manufacturing leaders have a responsibility to
educate and train their team members. 20-World
Class Manufacturing, cost-effective, training
modules are just a click away:
http://bbasicsllc.com/training-modules.htm
=============================================
You are welcomed to print and share this bulletin with
your manufacturing teams, peers, suppliers and upper
management ... better yet, have them signup for their
own copy at:
http://bbasicsllc.com/subscribe.htm
With the escalating spam-wars, it's also a good idea
to WHITELIST our bulletin mailing domain via your
filtering software or control panel:
bizbasics@getresponse.com
This will help guarantee that your bulletin is never
deleted unexpectedly.
Business Basics, LLC
6003 Dassia Way, Oceanside, CA 92056
West Coast: 760-945-5596
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Business Basics, LLC
6003 Dassia Way, Oceanside, CA 92056
West Coast: 760-945-5596
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