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WBSP182: Grow Your Business by Optimizing Production Method and Line w/ Vlad Romanov

WBSP182: Grow Your Business by Optimizing Production Method and Line w/ Vlad Romanov

FromWBSRocks: Business Growth with ERP and Digital Transformation


WBSP182: Grow Your Business by Optimizing Production Method and Line w/ Vlad Romanov

FromWBSRocks: Business Growth with ERP and Digital Transformation

ratings:
Length:
40 minutes
Released:
Oct 27, 2021
Format:
Podcast episode

Description

Identifying the appropriate production method requires you to have a deep understanding of your finished products and raw materials consumed. An incorrect production method and its KPIs may have implications on the production capacity. Also, if there is a mismatch in your demand and supply, you might need to understand if there might be a way to increase the capacity. If you are lucky, you might be able to duplicate the existing line and increase it. But if you have to install a new line from scratch, there might be a lot more moving pieces and surprises than you would expect.In today's episode, our guest, Vlad Romanov, shares his insights into how the two schools of production, discrete and continuous, differ, including their KPIs. He also shares his insights into optimizing the production lines by analyzing the types of products produced and the types of raw materials consumed. Finally, he discusses how to increase capacity by analyzing the business case of installing a new production line vs. upgrading the existing one.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.
Released:
Oct 27, 2021
Format:
Podcast episode

Titles in the series (100)

WBSRocks podcast features in-depth conversations on ERP, digital transformation, manufacturing, supply chain, eCommerce, and industry 4.0. The purpose of the show is to help CFOs, COOs, CEOs, and business owners with their daily operational and financial growth challenges by taking a deep dive into business cases and processes, technology strategy and architecture, transformation initiatives, and business models. The show also offers an independent analysis of technology trends, various ERP vendors and solutions, and enterprise software mergers and acquisitions. Subscribe today to stay on top of digital transformation trends!