38 min listen
MakingSparks: Why Numbers are Important for Your Manufacturing Business | Mike Payne Part 2, 407
MakingSparks: Why Numbers are Important for Your Manufacturing Business | Mike Payne Part 2, 407
ratings:
Length:
41 minutes
Released:
May 10, 2024
Format:
Podcast episode
Description
You need to know the “numbers” in your business. Every business owner needs to know that they’re making enough to pay their employees, make and deliver their products, and grow the business. That’s just good business. Non-financial metrics are important, too. A successful business has to focus on quality, safety, customer service, on-time delivery, retention, and even culture. Because if your culture is dialed in, the numbers will prove it. We take a deep look at the different numbers that are important for a manufacturing business to know in this part 2 episode of MakingSparks with Mike Payne. Also, listen to the end for a BIG announcement. – Matthew Nix Segments [1:00] Recapping part I with Mike Payne [3:13] Everything comes down to numbers [13:59] How to learn the numbers [17:49] How to decide what’s important [26:38] When should you hire someone? [35:20] Introducing “By the Numbers” Resources mentioned on this episode ProFab Alliance Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
Released:
May 10, 2024
Format:
Podcast episode
Titles in the series (100)
MC013: From the Shop Floor to the Corner Office with Fernando Ortiz: Roberts Swiss, a 60 year old manufacturer of Precision Swiss Machined Parts. Fernando gives actionable advise to others who are not born into privilege and do not have a lot of resources, but desire to seek advancement starting from the ground floor.... by Making Chips Podcast for Manufacturing Leaders