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plant expansion Tagged Articles
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Relocate for cost reasons or to access qualified employees or support?
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| It is certainly possible for a business to cost justify another facility, instead of or in addition to, in order to gain access to qualified employees, specialized vendors, or support; to optimize location-sensitive costs, community incentive / tax combination, and regulatory climate.
In addition to this informative article, my Amazon book, Facility Relocation, Merger and Design, provides both management suggestions and hands-on guidance for this management strategy.
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Merger or consolidation; facility actions help it succeed
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| Merge or consolidate to concentrate resources for successful operation; use economies of scale to minimize cost.
But don’t overlook facilities and operation, where all the plans and expectations must come together or the new entity won’t function.
In any economy, especially this one, consolidation or merger can make economic and strategic sense. First plan, and later integrate, equipment, processes and facilities properly because they affect not only the balance sheet but also future P&L results of the entity.
My Amazon book, Facility Relocation, Merger and Design, provides both management suggestions and hands-on guidance to facility planning.
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Consolidate or merge a checklist
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| Merge or consolidate to concentrate resources for successful operation; use economies of scale to minimize cost. In any economy, especially this one, consolidation or merger can make economic and strategic sense. First plan, and later integrate, equipment, processes and facilities properly because they affect not only the balance sheet but also future P&L results of the entity.
In addition to this informative article, my Amazon book, Facility Relocation, Merger and Design, provides both management suggestions and hands-on guidance for this management strategy.
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Other plant expansion Related Articles
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How to Franchise your Business
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| Many business owners that have proven their business to be stable and profitable over a considerable period of time are thinking about unit and geographical expansion though out the UK. However, the cost of such development can be too great for most small businesses. Franchising offers a possible route to national expansion at a much reduced cost. |
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6.0 Propositions and conclusion: Enterprise solutions to poverty
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| We have argued throughout that the expansion of
enterprise, particularly SMEs, is critical to economic
and poverty reduction. This is hardly a new or
revolutionary argument. It has been advanced by
many others starting probably with Adam Smith.
Indeed, a great deal of government policies and
IDC interventions over the years have focused on
creating the enabling environment for the
expansion of the private sector in poor countries. |
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Expansion Models
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| When you begin to think about expanding your business, several expansion models can be considered. Here is a brief summary of the most often-used expansion models. |
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Does your international company consider an expansion into the US
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| Perhaps your company will not invest $4.1 billion in a new plant in Alabama as ThyssenKrupp AG will, nor negotiate an incentive package worth $811 million. But if your company considers an expansion into the US, read on. It is possible to quantify in advance what your operating costs are likely to be, and find which facility location will optimize costs, access to qualified labor, customer service, and shipping. Even in this economy.
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The Last Bastion for Free Thought
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| Current trends point to a reduction in entrepreneurial start ups in the brick and mortar small business world. For the Entrepreneur, all roads point to the Internet for expansion including sales and marketing. Read on and find out if free enterprise is in jeopardy for the Entrepreneur, or is the choice Internet expansion. |
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How To Keep Your Business Afloat
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| I was talking with my good friend Doug Maurer the other day. Doug is the founder and owner of Brian-Kyles Construction, which is a landscaping company based in Northeast Ohio.
Doug was talking with me about a plant in my front yard that wasn't doing so well. He was explaining how I should cut the shrub down to its base to re-balance the plant so the roots were larger than the plant itself. And then he said a magical quote, "plants don't want to die."
It got me to thinking about how businesses are a lot like plants. Businesses don't want to die either. This is particularly true of small businesses. |
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How Do I Keep My Business Afloat?
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| "Plants don't want to die."
Doug Maurer, Brian-Kyles Construction
I was talking with my good friend Doug Maurer the other day. Doug is the founder and owner of Brian-Kyles Construction, which is a landscaping company based in Northeast Ohio.
Doug was talking with me about a plant in my front yard that wasn't doing so well. He was explaining how I should cut the shrub down to its base to re-balance the plant so the roots were larger than the plant itself. And then he said the quote above regarding plants not wanting to die.
It got me to thinking about how businesses are a lot like plants. Businesses don't want to die either. This is particularly true of small businesses. |
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Leadership Tips for the Manager Who is Too Easy
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| The Plant Manager was becoming increasingly frustrated. His production manager was struggling to meet plant performance targets and was not getting his team to take ownership of achieving results. The initial diagnosis was that the production manager was being too easy on his team. As with most management problems, only two or three behaviours cause the majority of aggravation and frustration. Here we examine how to help an easy-going manager achieve what needs to get done. |
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Business Expansion Stratagies
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| When a company desires to expand its outlets of distribution (not just increase sales at existing units), there are many possible business expansion strategies that can be implemented to expand the business network. Each strategy should be examined, and the advantages and disadvantages explored, to determine which is the best method for you. Please keep in mind that these strategies are not mutually exclusive. That is, you can use more than one method within your network. There is also the ability to have vertical integration of all or portions of the manufacture through retail sales channel (the "Value Chain").
The possible business expansion strategies are: Company-Owned Expansion; Joint Ventures and Partnerships; Independent Sales Representatives; Licensing; Disitrbutorships/Dealerships; Business Opportuniities and Franchising. |
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Total Productive Maintanance Techniques
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| TPM is an innovative Japanese concept. The origin of TPM can be traced back to 1951 when preventive maintenance was introduced in Japan. However the concept of preventive maintenance was taken from USA. Thus all employees took part in implementing Productive maintenance. Based on these developments Nippondenso was awarded the distinguished plant prize for developing and implementing TPM, by the Japanese Institute of Plant Engineers (JIPE). |
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