Manufacture Smarter Blog

8/28/2020 - BY: GEORGE SINGOS
I have met with many business leaders who believe they are more profitable than they really are. In evaluating gross margin, they assume all their parts or assemblies are more profitable than reality. However, this perspective fails to account for overhead costs that are not properly utilized. This gives managers an inaccurate idea of how their business is performing.

4/28/2020 - BY: RON QUINKERT
Throughout my many years of working with manufacturers around Michigan, I have witnessed companies miss out on great business opportunities because of their inability to submit competitive quotes. How many times has this happened to your company? Have you ever wondered why? This may indicate that it is time to look at how projects are quoted.

3/13/2020 - BY: REBEKAH MCCARTER
For many manufacturers, especially small and mid-sized manufacturers, it can be difficult to maintain a forward-thinking outlook. Most of the time, the day-to-day fires are all-consuming. Like Fleetwood Mac suggests, businesses should not stop thinking about tomorrow, for it will soon be here.

1/10/2020 - BY: REBEKAH MCCARTER
With the start of a new year, manufacturers are beginning to focus on strategic planning for 2020 and beyond. Although some might not realize it, all business planning can be supported with market research.

3/22/2019 - BY: BOB JENKINS
When it comes to manufacturing, Michigan has a wealth of talent and skills. Many of those skills were established through multiple OEM automobile launches and new product developments. And while the 2008 downturn cost Michigan a lot of skilled performers, they have returned in large part.

3/15/2019 - BY: GEORGE SINGOS
A company is only as good as its data. Whether you’re trying to increase productivity, eliminate bottlenecks in production or grow into new markets, data is the key to driving improvements and maintaining success. 

2/15/2019 - BY: RON QUINKERT
As we discussed in a recent blog, many manufacturers are deciding now is the time to diversify. With a potential recession on the horizon, organizations are faced with a few different diversification options to pursue: develop new types of products, sell to new geographic areas or expand into new industries.

1/18/2019 - BY: SHELLY STOBIERSKI
A hard life lesson everyone has had to learn at one point or another is that all good things must come to an end. This is an especially difficult lesson to learn when it comes to the economy, but one that Michigan manufacturers may soon be faced with.

11/9/2018 - BY: GEORGE SINGOS & ROB STAUFFER
Do you really know how profitable your business is? Do you find that revenue is going up, but profits are going down or staying the same? To keep your business operating into the future, it is essential to understand why this is happening.

8/17/2018 - BY: GEORGE SINGOS
While company-wide alignment is essential to realizing strategic goals, progress cannot be made without maintaining a strong sense of how well the business is performing. This is where Key Performance Indicators (KPIs) come into play. By establishing, monitoring and analyzing KPIs, such as on-time delivery, changeover time or schedule bumping, companies will be equipped with the data and guidance necessary to align their business toward success.