Profitable Molding for Managers
This 3-day seminar teaches the business of profitable molding, geared toward managers. This course is for mid-level managers: Molding Managers, Production Managers, Supervisors, QA/QC managers, and any other team members with ownership or responsibilities for quality and production. There are no pre-requisites for this seminar.
Description
The primary focus of Profitable Molding for Managers is identifying, monitoring, and controlling the cost drivers within an injection molding plant. Cost drivers include the factors that determine profitability. Plastic molding plant managers are often inundated with a myriad of immediate issues. Those daily fires can make it harder to enforce the important metrics used to measure and achieve success. To reach company financial goals, it is critical for management to track, measure, and quantify the right metrics. Profitable Molding for Managers sheds light on the ones that really matter to your bottom line.
Course Outline
- Cost drivers to monitor
- Effective throughput
- Labor content
- Material content
- Material conservation
- Machine and mold maintenance
- Establishing machine rates
- Quoting plastic parts
- Daily report summary
- Earnings estimator
- Basic understanding of injection molding process
- Team building
- Basic Lean Manufacturing for a job shop environment