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Addressing industry challenges and problem areas to enhance profitability. How to measure productivity, retain a skilled workforce, and manage expenses effectively. Key insights on workforce readiness and strategies for growth.
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The Discipline of Producing ProfitabilityLEADERSHIP / TRAINING!TRAINING!TRAINING! • The challenges of tomorrow’s workplace • Industry review • Problem areas affecting profitability in our industry • How do you keep score? • Waste comparison • Measuring machine productivity • Summary
The Discipline of Producing ProfitabilityLEADERSHIP / TRAINING!TRAINING!TRAINING! • Opening Comments • Leadership
The Discipline of Producing Profitability • The challenges of tomorrow’s workplace • By 2015 48% of our workforce will be women • By 2025 40% of our workers will be Hispanic, African-American or Asian
The Discipline of Producing Profitability Our workers are not ready for tomorrow’s jobs Today: • 75% of current workforce (25-34) has not completed college. • 21% of adult population has only basic literacy skills. In the next decade: • 70% of our workforce will not be college graduates • 75% of our workers will need some form of retraining.
Linerboard Prices – Eastern 42 LB.1980-2001(Dollars Per Ton)
The Discipline of Producing Profitability • Problem areas affecting profitability • Low price vendors (linerboard or sheets or hard assets) • Board escalator / de-escalator agreements • E-bidding Organizer Specifications Service requirements • Finished goods inventory • Receivables
The Discipline of Producing Profitability • How do you keep score? • Accounting/costing system / Fabricating statistics Amtech Harry Rohde Management System Self-designed
The Discipline of Producing Profitability • Income statement format • Sales • Cost of sales: material/waste, manufacturing expense, labor • Fixed expense • Bottom line expected