How to Engineer, Build, Maintain and Manage a Strategy to Become a Profitable Mold Manufacturer

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Originally Aired - Wednesday, November 9 2:30 PM - 3:00 PM EST

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Title: How to Engineer, Build, Maintain and Manage a Strategy to Become a Profitable Mold Manufacturer

Description:

Many mold builders today are struggling to put money on the bottom line because of the myriad of challenges facing them today. From supply chain issues to inflation, to the lack of skilled workers (even unskilled ones at this point!), there’s no shortage of obstacles standing in the way. However, in spite of the challenging environment, the opportunity exists for mold shops to take back control of their profitability by questioning many common, conventional management practices. For those willing to examine these practices, the potential for improvement is enormous.

Beau Ganas is a Theory of Constraints (TOC) expert and CPA known for applying TOC to job shops and custom manufacturers to develop holistic strategies that put more dollars on his customers’ bottom line. Beau understands the dynamics involved in managing a mold shop, from the competing demands of responding to the urgent needs of repair work, to planning and executing large projects to bring new molds online – all the while the demands placed on the business seem to only increase and the resources available to do so seem to only decrease.

This session will demonstrate how a mold shop can quickly develop a strategy linked directly to improving the bottom line by identifying the largest levers to pull and providing clarity about how to sequence which actions to take.


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