More often, companies are open to sharing their financial picture with their employees. Here is a brief summary of the more important financial numbers to help you understand how your company is performing.
I have long been an advocate of training in manufacturing companies. I do a lot of training in various organizations and have seen some of its benefits first-hand. Yet training requires planning and commitment in order to be effective.
Unless you are one of a small number of companies that possesses all the resources you need to complete any job you get, you are faced with a tough manufacturing decision: how to properly allocate your resources.
Checklists serve the dual purpose of reminding machine operators to do things and ensuring that these things get done. Machine change-overs, machine maintenance, documentation and cleanup are a couple examples of the different types of checklists common to a job shop.
In recent years, warehouse operation in most organizations has undergone significant change. Not long ago, warehouses stored large quantities of parts that could sit for months or even years. Organizations believed this was a way to provide a high level of customer service.
In order to improve and grow, companies need to demonstrate a commitment to change. Yet, how do we know if our organizations are ready for such a commitment? After working with many companies over the years, I have compiled a list of key attributes that should help you discern your company’s commitment level.
Anyone who has spent time in any industry recognizes the need for training. Multi-skilled employees provide the flexibility organizations need to meet today’s business challenges. One of the keys to effective training is finding employees in your organization who are skilled at training others and comfortable in doing so.
Many companies have realized the benefits of using teams to address key business issues. Whether it’s a team charged with solving a specific problem, implementing a new system or developing new products or processes, companies are finding that teams generally can provide better results than individuals can. The expression “none of us is better than all of us” rings true time and time again.
There are no guarantees that any team will be successful, but there do seem to be specific characteristics that are conducive to success. Here are five characteristics that play a vital role in company success.