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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.
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Exporting in 2012: The Practices of Profitable Companies Wednesday, Aug. 22, 2012 8-11 am Mortenson Construction 700 Meadow Lane North, Minneapolis Cost: $79 Early Bird (before Aug. 14); $119 Regular Register Online
What to Expect:
Exporting
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.
Speakers: • Roger Hurd, Business Growth Consultant, Enterprise Minnesota • 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 sue.roe@enterpriseminnesota.org
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Industry News 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 continues
Enterprise Minnesota looking for service delivery consultant Enterprise Minnesota is seeking a talented business professional to join its statewide team. enterpriseminnesota.org More Information
Greater Metropolitan
Workforce Council
Survey The
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.
Upcoming EventsSix Sigma Green Belt Certification South Central College CBI August 2012 North Mankato, MN More information
1-Day Employee Engagement Workshop People Driven Performance (PDP) Sept. 5, 2012 7:30am - 5:30pm Minnesota State University Mankato Twin Cities Campus 7700 France Edina More Information 44th Annual Midwest U.S.-Japan Association Conference Positively Minnesota Sept.16-18, 2012 Minneapolis Hilton Hotel Register Now The Value of Your Business - What Expert Buyers Are Looking For Enterprise Minnesota Business Event Sept. 19, 2012 8am - 11am McGladrey 801 Nicollet Ave. Suite 1100 West Tower Minneapolis Register Now
2012 Annual Meeting & Issues Conference MN Chamber of Commerce September 25, 2012 7:30am-1:30pm Minneapolis More Information
Leveraging ISO Certification to Grow Your Business Enterprise Minnesota Business Event Oct. 3, 2012 8 - 11am RJF 7225 Northland Drive North #300 Brooklyn Park Register Now
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