Factory production lines know the right jig or fixture speeds production, which increases productivity. But that’s just the beginning. Well-designed tools are more ergonomic, offering both increased worker safety and productivity, as well as cost savings.
Traditional machining produces heavy, costly, multi-piece tools that become an even greater liability as repetitive motion injuries erode line productivity with worker disability. Redesign means even more protracted timelines for machined parts.
One of my personal favorites growing up: King Kong vs Godzilla. Of course, King Kong was from Skull Island by way of New York, and Godzilla was from Odo Island Japan – not quite America vs. China but close enough for a 9-year old.
Paycor’s 2019 Compliance Guide for CFOs is a step-by-step action plan designed to focus on the four major topics in compliance. As part of our commitment to help CFOs make a difference in their organization, we’ve published deep dives like this one to help you avoid fines and maintain compliance.
Download Paycor’s guide for actionable tips on how you can avoid major fines and stay compliant in 2019.
The savvy CFOs are tracking numerous key metrics like net income, current ratios, working capital, cash balance, DSO, gross margins, and more. But the one metric that may matter more than any other: project profitability.
Parts management directly impacts the financial return on your fleet. The most effective means of making parts cheaper is not in fact to start buying cheaper parts, but to bring operational efficiency to the purchase and use of these parts. Want to learn the best parts procurement practices and find out how you can actually save more than 100% on parts costs?