POWERS Explains the Steps for Improving the Performance of a Manufacturing Company

Posted by JaamZIN on 12:10 AM
Manufacturing firms have special considerations when it comes to enhancing their business performance. The output of a manufacturing firm cannot be expressed in abstract terms. It boils down to the number of units completed and shipped.

Executives of manufacturing firms are always looking for ways to enhance their performance. They are also looking for ways to increase productivity and reduce downtime. POWERS, a management consulting firm, can help companies solve their production problems through analysis of performance metrics and other factors.


Enhance Company Culture

While many business leaders may believe that company culture applies mostly to white-collar jobs, this is not the case. Having a strong and positive company culture is equally important for manufacturing firms.

Employees need to know that their companies are standing behind them and can help them with any difficulties they encounter on the job. They need to be treated fairly, and they need to know what is expected of them. Goal setting should be realistic, something which is harder to achieve in a manufacturing firm where increases in numbers are always the most valuable.

Work on Efficiency

Removing duplicate efforts is a good way to increase efficiency. Especially at the management level, jobs may overlap. These supervisors should have their jobs separated, or one could be let go. Employees are confused when they have to work for more than one boss and streamlining the chain of command is always a good idea.

Another way of increasing efficiency is to use proper technological tools. Workflow can be enhanced by technology. Bringing in robotics and AI can help to reduce the number of employees that are needed to achieve the same amount of work.

When bringing in technology, you will also need to bring in employees who can manage it. Alternatively, you could find people on your factory floor with the aptitude to manage these automated systems.

Cost-Cutting

Cost-cutting can be a great way to increase efficiency, but companies should be careful about slashing costs too much. Quality raw materials and well-paid employees are too important to let go, especially because the manufacturing workforce is so small in this day and age.

A great way to cut costs is to increase the energy efficiency of your facility. Using solar and wind power takes some investment at the beginning, but eventually, you will make so much energy that you may be able to sell some back to the utility. Making sure that all doors and windows are adequately insulated is another useful step to take.

When your company wants to increase its energy efficiency, you could apply for LEED certification. LEED certification could even lead to tax credits and operating bonuses from the government.

Proper Maintenance

Without proper maintenance, your manufacturing firm will not be able to meet its efficiency standards. Poorly maintained equipment will break down and cause needless downtime. It is crucial to make sure that your maintenance staff has the time and tools they need to keep all of your machinery in good repair. If your machinery cannot be easily fixed, it is a good idea to buy new machinery rather than wasting time and money on the old.

Training

Employees need to be trained before they can work efficiently. Most manufacturers give proper safety training, but beyond that, the practices are patchy. Employees should know everything they can about operating their equipment and about what is expected of them. If they do not have the right tools, they will never be able to succeed. 

Organization

Your workplace needs to be well-organized. Creating the optimal layout for your workplace can be achieved with the help of a consultant. Anything unneeded should be removed from the floor, and processes should be moved so that people do not have to travel long distances to get their jobs done.

Kanban (just-in-time production) and other management methods may help your company increase its efficiency through better organization.

Inventory Levels

Having too much inventory means that you will need a larger and more expensive space for your company. On the other hand, not having enough raw materials on hand will mean that you experience work stoppages. Having the optimal level of inventory can be a difficult balance, but it is possible to hit the middle ground.

Factors Beyond Your Control

Today’s challenging economic circumstances mean that not every company is able to get the tools and materials they need to stay in operation. Some companies have had to let employees go, and others are dealing with a large amount of absenteeism due to fear of illness. This business environment will not last forever, but it has already made an indelible mark on the next few years.

In difficult times, business performance improvement consultants have been able to help their clients come out on the other side and succeed. POWERS believe that all manufacturers have the potential to meet their goals and flourish once these challenging times have ended.