When Advanced Tool, Inc. recently decided to expand its offerings beyond precision cutting tools for the automotive and aerospace industries, it implemented changes that have already started to see results. In a recent press release, Advance Tools' CEO said, “We are on a path of large growth.”
What has led to such measurable results for this 33-year-old company? “An important tool to spur that growth is another of the CEO's changes at the company. Along with diversifying the company's tool offerings, the company can now also act as a tool-inventory manager for its clients. ‘We have a proprietary software package,' the CEO says. ‘It's a shop-floor-management inventory system.' The program helps clients keep track of their cutting tools, what ones are used the most, and when new ones are ordered.”
Advanced Tool, Inc. isn't the only company leveraging factory/shop floor management to its advantage. By getting in touch with factory floor innovation, CEOs across a wide range of industries can touch, monitor and adapt every shop floor process for real-time improvement that delivers greater profitability.
The only system that enables manufacturers to compete on speed rather than cost and which delivers real-time, continuous improvement for greater profitability and faster delivery to customers, one shop floor management innovation is giving factory owners the competitive edge that keeps them in touch with their factory floor.
From machine performance to factory data collection, a factory floor management system can give CEOs like those at Advanced Tool complete shop floor control. Some of the growth-fueling benefits of using this technology include:
1. The ability to discover and resolve shop floor problems faster – A factory floor management system informs shop owners of special instructions with reminders, provides shift-to-shift information on screen, distributes email messages to specific areas or persons through an easy-to-use system and automatically notifies factory floor personnel of a floor problem so action can be taken immediately.
2. The provision of alert messages – A shop floor management system enables factory production control to set up alarm parameters that can alert the floor of problems. Such issues may include:
o Lower-than-predicted efficiency levels
o Higher-than-expected scrap levels
o Movement outside of quality ranges
3. The containment of a ‘What If?' feature – Such a feature enables factory owners to work around unanticipated changes. As such, it reduces the need for expensive outsourcing, safety stock and premium shipping. Shop floor managers simply key-in different customer delivery scenarios and the factory floor management system automatically calculates the workflow process for each.
4. Reporting of critical information on a daily basis – A factory floor management system delivers management reports in five categories: Machine Performance, Labor Performance, Part Analysis, Problem Analysis, and Scrap Analysis. This information, delivered on demand, provides a feedback loop so shop floor managers can make critical decisions and produce a scorecard for employees.
5. Easy integration and system compatibility ¬ – A shop floor management system works with a variety of off-the-shelf and customized software packages. It can also receive information electronically – including orders upstream from ERP/MRP and office systems to machine monitoring equipment delivered downstream. In addition, a factory floor management system can link with other systems such as Computer-Aided Design (CAD).
Engineering And Management Systems
When you have systems in place your mind is also clear because you're not feeling overwhelmed; instead you feel organized and calm, knowing that everything is taken care of and the systems are running smoothly. This allows you to focus on your clients and your other income generating activities. Your creative juices flow and you can begin developing additional streams of income.
Therefore running an efficient and streamlined business is all about continuously improving and 'tweaking' your office management systems so that they grow with your business and not hinder your business.
But why do you need efficient office systems in place? Here are some answers!
# To quickly and easily find important contact information.
# To be able to respond to client's requests straightaway.
# So that you can immediately submit a proposal. To keep track of your business.
# To be able to follow-up with clients and contacts.
# So that you can stay on track with your projects.
# To monitor your latest marketing campaign.
Sometimes though problems don't become apparent with your office management systems until you actually start using them -- and then you may find out that they're not working in the way that you'd hoped.
So what can you do about it?
Step #1 Look at where the problems are.
Are you constantly searching around looking for an email address? Or cannot tell at a glance if your project is on track? Or you don't know your cashflow situation?
Make a list of where you feel the problems are, and then follow step two - you may be surprised at what you discover!
Step #2 Analyse what percentage of your time is being spent on administrative tasks.
Keep a diary for a week of how you are spending your time. At the end of the week look it over and see what percentage of your time is being spent on these jobs. Could this time be better spent on income-generating activities? Or market research?
Step #3 Compile a list of all non-income generating tasks that you currently do.
Could some of these be delegated? Would it help if you took on an assistant? Perhaps now is the time that you should start to think about partnering with a Virtual Assistant so that you can grow your business, and this list will help you determine where you need the support.
Once you have followed these 3 steps you should have a good idea of where your time is being spent, what your biggest time drains are, and where you can make improvements. You will be well on your way to deciding if you need to partner with a Virtual Assistant and will be able to see exactly where you need the support.
Both Carmen Fontana & Tracey Lawton are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Tracey Lawton has sinced written about articles on various topics from Internet Marketing, Home Based Business and Internet Marketing. Online Business Manager & Virtual Assistant, Tracey Lawton, has been helping online service professionals operate an efficient, organized, and profitable business. Learn how to create an organized office in 7 EASY steps and receive free how-to articles at. Tracey Lawton's top article generates over 5400 views. to your Favourites.