Ideal for manufactures who want to grow exponentially
Manufacturers are the lifeblood of an economy. Manufactured products generate new revenue not only for the company, but the economy as a whole.
Deciding what level of inventory for raw materials, WIP and finished goods is a challenge. Balancing JIT (just-in-time) flow of materials in relation to cash flow and turnover is an ongoing consideration. Knowing when to strategically outsource certain processes can be a challenge and expanding into the global market or acquiring other companies presents new challenges.
480Strategy-Manufacturing helps manufacturers through these and many other issues. In many industries, the manufacturer earns less profit than a retailer. Leadership in manufacturing organizations often face the challenge of how to grow. Historically, growth often meant buying more equipment and hiring more people. 480Strategy-Manufactruing helps elevate these issues to the strategic level.
As just a few examples, outsourcing is one of 40 potential strategies from which companies can choose. There are advantages and disadvantages (not just financial) to this approach.
Manufacturers often use vertical and horizontal integration as strategies. While sometimes it is beneficial to acquire other companies, in some instances, strategic partnerships can achieve the same or better results with less risk and investment. Manufacturers often consider growing into the global market but struggle with the formation of strategic alliances and joint ventures.
Manufacturing a product for another manufacturer/assembler often requires a different strategic approach than selling directly to consumers or retail and this requires a different strategic approach.
In many instances today, there is no pure manufacturing model. Warranties, support, returns, etc., often necessitate offering a service component to manufacturing. Strategically, creating a product/service offering approach can actually provide more perceived value to the customers and end users, allowing the manufacturer to increase price.
This customized session is designed for manufacturers who want to strategically grow beyond the limits of their current capabilities.
Investment: $9,997 To learn more and sign-up, click here.