Based on 17 years as CEO of Lavelle Aircraft Company, Ludwig provides an immediate approach to identifying organization weakness and problems, generating information, and using systems, several new and unique and unavailable elsewhere, to dramatically increase profits. He presents a novel formula for selecting capital equipment, downsizing and when to buy outside services. Combines trend analysis with pareto analysis to reduce costs and improve the bottom line. Packed with practical ideas and techniques that will lead to effective operating results.
A Manufacturing CEO’s Secret Tips for Improving Profit Be forewarned: This is not an abstract or theoretical book about how to run a business. It doesn’t separate different aspects of a company and then discuss each as an isolated system. Instead, Richard Ludwig’s A Manufacturing CEO’s Secret Tips for Improving Profit is a hands-on, nuts-and-bolts guide to making immediate improvements that will lead to greater profits. It looks at the operation of a manufacturing firm from the mental perspective of the manager who, day-to-day, sees the complexity of the situation and who must sort out what must change, which ideas work, and how to combine and coordinate his or her areas of responsibility. Written by a successful businessman for successful businesspeople, it offers a complete management system that will provide improved profits from all areas of operations, from administrative or indirect labor functions to production. You’ll learn:
- Unique formulas for choosing capital equipment, downsizing, buying outside services
- How to identify and weed out weak or poorly performing sectors
- How to use an American version of quality circles and incentives for improving employee productivity
- How to combine trend analysis with Pareto analysis to reduce costs and improve the bottom line
Chapters are arranged to work the way you work: they provide an organized, immediate way to identify problem areas, generate information about them, and implement systems to improve results and increase profits. These pages are packed with practical ideas and real-life examples, presented in a logical, comprehensive, and well-integrated manner. For manufacturers, managers, and entrepreneurs, A Manufacturing CEO’s Secret Tips for Improving Profit is a virtual treasure trove of proven techniques for obtaining greater profitability.