Measurement
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Improving Productivity Ripples Throughout the Organization
- July 31, 2019
- Posted by: David Marshall
- Category: Measurement, Productivity
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Last week, I wrote about how improving productivity can reduce the need for hiring new people (Increase Productivity to Reduce the Need for Hiring). So we devised a new way of strapping and stacking the conduit to avoid the problem, and that eliminated the recovery process because we had almost no imperfect pieces. By reducing
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Increase Productivity to Reduce the Need for Hiring
- July 24, 2019
- Posted by: David Marshall
- Category: Measurement, Productivity
Unemployment is low enough in this country right now that businesses (especially manufacturers) can’t find enough people to fill open slots. While you can always train your existing people to fill the new slots, you can come at the problem from another direction to increase productivity. This means you can produce more with fewer people
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How Measuring Our Process Changed an Industry Standard
- May 15, 2019
- Posted by: David Marshall
- Category: Manufacturing, Measurement
For manufacturing to be consistently accurate, you have to be measuring every point in the process. If each measurement point is not met, the product is a reject because it will not give you the result you’re expecting. So consistent, persistent measurement through the process becomes absolutely essential in order to achieve consistent, persistent excellence.
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The Downside of Digital Transformation
- February 27, 2019
- Posted by: David Marshall
- Category: Business, Management, Measurement
While I’m generally high on digital transformation in this blog and talking about the upsides and positive benefits that come from it, I’m well aware that there are downsides to digital transformation. For one thing, artificial intelligence is not the panacea to all of your problems. You can’t just get an AI package, dump all
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What Life Was Like Before AI and Digital Transformation
- February 20, 2019
- Posted by: David Marshall
- Category: Digital Transformation, Measurement
For some executives, it’s hard to imagine life before artificial intelligence and digital transformation. There’s always been automation and computers helping facilitate decision making and measurement. But I know that pre-AI world all too well, having spent most of my career in that part of the manufacturing history. The result was often poor quality, stifled
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How To Make Sure You Made the Right Business Decisions
- February 6, 2019
- Posted by: David Marshall
- Category: Leadership, Measurement
One of the great things about being president of a company is that you can, within reason, do whatever you want. You don’t have to ask anyone or get permission. Of course, that depends on the magnitude of what you want to undertake, but for the most part, you get to call the shots and
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What Do You Need on Your Measurement Dashboard?
- January 9, 2019
- Posted by: David Marshall
- Category: Manufacturing, Measurement
I’ve long been a proponent of measuring a company’s efficiency by measuring each employee’s productivity, output, and even their costs. Whether it’s an associate on the floor, an associate in the Accounts Receivable office, or even the President and COO of the entire company, you have to know how well the company is performing in
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The Secret to Managing Discipline in a Large Business Setting
- October 10, 2018
- Posted by: David Marshall
- Category: Manufacturing, Measurement, Productivity
Managing discipline in a large company starts with the hiring process. I’ve always believed in hiring slow and firing fast. But I also had a rule that nobody could be fired without my permission. What that meant was any issue that looked like it could end in termination would elevate to me so a manager
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How to Avoid Business Debt
- August 29, 2018
- Posted by: David Marshall
- Category: Business, Measurement
Business debt is the one killer to a company’s bottom line, and you need to avoid it whenever possible. If you’re not careful, you can get in over your head and spend most of your profits trying to dig out from it. Whenever I had a position of leadership in any organization, I always brought
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How to Maintain the Right Inventory Levels
- August 15, 2018
- Posted by: David Marshall
- Category: Business, Management, Measurement, Productivity
A serious problem facing many manufacturers is tying up cash reserves by keeping too much inventory or too many raw materials on hand. Finished products don’t move as quickly as you thought, or you made more than you needed “just in case,” or you bought a lot of raw materials because you got a bigger