Improving Your Bottom Line in an Economic Downturn
Marine South East is committed to assisting marine companies in the South East to ensure that even in economic downturns they can find ways to improve their bottom lines. In fact a slow down in orders and capacity might give marine company bosses just the opportunity to appraise their business and adopt new practices to make a positive effect on their turnover.
Working with business specialists from the Manufacturing Advisory Service (MAS) South East, 20 marine companies took advantage of a free half day Marine Business Improvement MareNet Workshop, designed to boost company results and encourage companies to create their own lean processes to achieve astonishing bottom line improvements.
The workshop was hosted by Marine South East, in partnership with the MAS South East, providers of straightforward advice and hands-on practical support to help manufacturers in the South East improve performance and add value to the bottom line.
The marine specific workshop offered easy to grasp solutions to common business problems for both manufacturing and service companies. With lots of business examples and a demonstration of a production line the delegates learned simple but effective techniques which are proven to achieve radical results for all types of businesses.
Delivering the workshop was Stuart Wood, MAS South East Specialist, who has first hand experience both in manufacturing and in the marine sector. He said: "Every year MAS South East specialists help manufacturers improve productivity and business performance and we continue to work closely with our partners in the marine industry to encourage manufacturing competitiveness using proven business improvement techniques throughout the sector."
Lean practices suit small enterprises as well as the world's largest businesses. Importantly, lean principles can be applied in the office as well as on the shop-floor, and lean techniques can be employed throughout any business, from product design through to sales ordering, and from highly technical problem solving through to simple administrative tasks.
If you are interested in learning more about Business Improvement techniques from MAS South East please contact Stuart Wood on stuartwood@mas-se.org.uk or telephone 0845 609 2121 - or visit the MAS South East website at http://www.mas-se.org.uk where there are numerous case studies and resources detailing the opportunities.
Send this story to a colleague
