Your factories can compete favorably with Chinese manufacturers when it comes to customer service, lead times, quality, and after sales technical service. For many years, a few major flooring companies manufactured Luxury Vinyl Tile (LVT) in their factories in the US, UK, and other western European countries. For the most part, they focused on the premium […]
You can increase factory performance and business profitability with the right key performance measures that are properly communicated. I was asked to assume site management responsibility for a factory that was suffering from poor yields and excessive downtime. Needless to say, business profits were unacceptable. As one of my initial actions upon assuming this leadership […]
Is low margin business really the right approach to fill excess factory capacity? Company A scheduled and staffed their factory to operate 24 hours /day, 365 days/year. The sales team then worked to secure extremely low margin business to fill excess capacity. The belief was that the overhead recovery offset the negative impact of low […]