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4 Ways To Improve Efficiency In Manufacturing

September 17, 2018 by Christopher Leave a Comment

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The manufacturing branch is one of the most important areas of your business. Regardless of how well you market yourself, you’re not going to get anywhere if you can’t supply a great product at a competitive price.

Without a good manufacturing operation, you’re never going to be able to do that. It’s also important that your manufacturing is efficient, otherwise, you’re not going to be able to meet customer demand.

If you have to tell customers that they’ll be waiting a couple of weeks on their order because you can’t make products fast enough, they’re not going to come back.

That’s why it’s so important to streamline your manufacturing operation. It’s also a good way to cut costs as well which is essential for all businesses. If you think that your manufacturing operation might be a bit outdated and things are moving at a snail’s pace, here’s what you can do about it.

#1 Update Your Equipment

Usually, if things aren’t running smoothly, it’s because your equipment is outdated. New manufacturing techniques are being developed all the time to make things quicker and to produce better quality products.

If your competitors are adopting these new methods and you aren’t, they’re going to be producing superior products which they can sell at a better price. You’ll really struggle to match that and you’ll probably lose most of your loyal customers.

The new and advanced equipment we see today also makes things a lot easier for your staff as well and in some cases, automated machinery means that you don’t need to employ as many people. However, this still means that safety should be a top priority. Having machinery and equipment such as materials handling electric hoists will make it easier for your employees to handle stuff without hurting their bodies.

If you can’t remember the last time you bought new machinery, you need to start looking at things like a digital weight indicator for measuring things, new manufacturing equipment, and more automated equipment.

Once you start updating the hardware, you’ll find that your employees can do things twice as fast and still maintain the same quality of a product.

#2 Invest In Education And Training

All of that new equipment is great, but it’s useless without anybody to operate it. You need to make sure that your staff knows how to use it all correctly and, more importantly, safely.

If you don’t provide enough training you could end up with injuries and your staff won’t be taking full advantage of all of the improved features on their new equipment.

Businesses often make the mistake of thinking that training should only be carried out when a new employee starts. But in reality, there are always things that your staff could be learning to help them perform better.

Conduct regular training sessions to help people hone their existing skills and learn new ones which will make your manufacturing operation more efficient. By investing in your employees, you show them that you value them and you’re thinking about their future at the company which is a huge morale boost and will encourage them to work a lot harder.

#3 Don’t Neglect Maintenance

This is a really important one. You can buy all of the expensive machinery you like and train your staff to use it, but it’s no good to anybody if it’s breaking down all the time.

Often, larger problems can be avoided if you just carry out routine maintenance on equipment and fix small issues before they get out of hand. Some business owners think that they can save money by avoiding these regular checks but that’s rarely the case.

When that equipment does eventually break down in a major way, you’ll be paying a lot to get it fixed. You’re much better off paying out a little bit of money on a regular basis to keep everything in good condition, rather than waiting and paying out a huge lump sum when it breaks completely.

You’ve also got to factor in the loss of earnings when an essential machine goes down for a day or two.

#4 Good Management

Like any other business, good management is crucial. You’ll have a lot of people working a lot of different jobs in the manufacturing department.

They all need to come together and work as one to create a seamless assembly line and get products made quickly and efficiently. If they don’t have a good manager to keep them motivated and organized, that’s never going to happen. You should always look for somebody with good problem-solving skills as well.

If anything does go wrong with equipment etc. you need somebody that can adapt and keep the factory running so you don’t lose any earnings.

Make these changes in your manufacturing operation and you’ll be able to offer a better quality product and ensure that you’re always meeting customer demand.

What are you doing to improve efficiency in your manufacturing business?

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Filed Under: Business Tips

About Christopher

Chris is a personal finance blogger with Stumble Forward helping people avoid life's financial mistakes and live a higher quality financial life.

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Hi, my name is Chris! I’m a personal finance and small business nerd.  Check out my blog where I share all of my favorite tips about saving money to running a small business.

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