Description:
Be forewarned: This is not an abstract or theoretical book about how to run a business. It doesn't separate different aspects of a company and then discuss each as an isolated system. Instead, Richard Ludwig's A Manufacturing CEO's Secret Tips for Improving Profit is a hands-on, nuts-and-bolts guide to making immediate improvements that will lead to greater profits. It looks at the operation of a manufacturing firm from the mental perspective of the manager who, day-to-day, sees the complexity of the situation and who must sort out what must change, which ideas work, and how to combine and coordinate his or her areas of responsibility. Written by a successful businessman for successful businesspeople, it offers a complete management system that will provide improved profits from all areas of operations, from administrative or indirect labor functions to production. You'll learn unique formulas for choosing capital equipment, downsizing, buying outside services; how to identify and weed out weak or poorly performing sectors; how to use an American version of quality circles and incentives for improving employee productivity; and how to combine trend analysis with Pareto analysis to reduce costs and improve the bottom line.
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