Lean Product Development Boosts Manufacturers' Profitable Growth
Three years ago, Delkor Systems, Inc., a leading U.S. manufacturer of packaging machinery, attempted to increase the speed at which the machinery was getting to market by developing a new packaging line.
Since then, the Circle Pines-based company has produced 20 new designs of machines. This rapid product development improved what Rick Denison, director of operations, calls "interference" in engineering. "We optimized the process so incomplete projects weren't getting to engineering. We implemented a gate keeper to actually allow engineering to complete more projects."
Delkor President Dale Andersen will be one of three manufacturing executives who will show first-hand how lean product development leads to improved profitability at Enterprise Minnesota's Sept. 6 Business Event. "Lean Product Development - Getting Highly Manufacturable Products to Market." The event will be held at Connexus Energy in Ramsey.
Andersen says lean product development enabled his company to focus on every aspect of lean manufacturing. "It's affected how we engineer, how we fabricate and how we deliver. For us to be able to design this many new packaging machines in three years required a very efficient effort in engineering." The new packaging machines resulted in a doubling of new machinery sales and 60 new employees hired in the past two years.
Water Heater Innovations of Eagan, another presenter
on Sept. 6, used rapid prototyping, which fabricates a scale model of a physical part, to create new parts when it rebranded and standardized its product line.
"We shaved an enormous amount of time through the process of reconfiguring our products into production," said Jeff Scholten, general manager. Sales staff and clients saw the new products in the redesigned packaging quickly, minimizing the time to market and increasing sales opportunities.
Optimizing processes is what lean product development does. Lean principles are applied to product development, a cross functional activity that uncovers product knowledge hidden within the end-to-end production flow, typically in the hand-over points between units.
A company's profitable growth depends on its ability to reduce lead times, develop better products at lower costs, and increase results from its workforce.
Enterprise Minnesota's Lean Product Development consulting service helps manufacturers use tools to accomplish that. Its quick start process helps companies create a customized product development plan. Other tools include the new product development tool box, which reduces waste and increases customer value, and lean design tools, effective for improving the design process.
To learn more, register for the Sept. 6 Business Event.
Exporting in 2012: The Practices of Profitable Companies
Wednesday, Aug. 22, 2012
700 Meadow Lane North, Minneapolis
Cost: $79 Early Bird (before Aug. 14); $119 Regular
What to Expect:
has great potential to grow a company's profitability. Find out what
manufacturers are doing to create a proactive business strategy to sell
internationally and how they are connecting with international business
experts who help navigate the export process.
• Roger Hurd, Business Growth Consultant,
• Joel Wittenbraker, President,
Mactech, Red Wing
• Ross Anderson, Global Director of Operations,
Midwest Rubber, Plymouth
• Moses Koyabe, Vice President of Business
Development, Ideal Aerosmith,
East Grand Forks
Register Online Today!
Have news or events for e-trends? Contact Sue Roe at email@example.com
Manufacturing Boom: Trade School Enrollment Soars
Trade schools nationwide are bursting at the seams as demand for skilled factory workers pushes enrollment to record highs.American manufacturers in certain sectors are enjoying a rebirth fueled by the return of overseas production back to the United States. As factories crank up, they have an urgent need for high-skilled workers such as machinists and tool-and-die makers knowledgeable in computers.
CNNMoney article continues
Enterprise Minnesota Hires Teresa Schutz Esler
Enterprise Minnesota has hired Teresa Schutz Esler to its consulting services team as a business growth consultant.
enterpriseminnesota.org article continues
Manufacturing Big Business For the Area
Central Minnesota manufacturers also ship their products around the globe.This area is known to have more manufacturing companies that any other part of the state.Meanwhile, manufacturers in Central Minnesota are looking for workers.Les Engel is the President of the Central Minnesota Manufacturers Association.He says a lot of their companies are in needed of skilled workers
WJON news article
Enterprise Minnesota looking for service delivery consultant
Enterprise Minnesota is seeking a talented business professional to join its statewide team.
Greater Metropolitan Workforce Council is conducting a survey through Aug. 15 to
understand business' perspective and experience specific to hiring and
job training welders and to use this input immediately in employment
service programming and delivery.
Take the survey now.
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