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Improving Revenue Through Best Practices

By Mickey Walsh – May 21,2021

Business is established to make money. To ensure the supply of money, production must be maintained or improved.

In managing our business, it is hard to determine where to invest resources (money) to provide greater returns. Budgets are restricted and things like maintenance and training are easy targets as cuts there allow you to “get by”. You can put off major expenses through smaller fixes.

The problem working within restrictive budgets is that any unexpected expense adds risk which limits us from making proper investment decisions.  One tends to address the “fixes” instead of tackling the root problem

If your status quo is replacing system components you may want to consider that maintenance life does not have to be lived this way. Replaced components within the manufacturing process may be inexpensive one at a time but when you consider labor and downtime those costs add up. They are sneaky and not considered when working within the budget. and… they don’t get to the root of the issue.

 


Life within a budget can be different and one can break out of the status quo to drive profit for their business. No more routine parts replacement. No more “unexpected downtime”. No more fighting fires. More easy and routine maintenance checks. More resources to get root problems addressed.

Through organizations like NORIA (www.noria.com), businesses can address manufacturing issues through experienced professionals who deal with production issues on a regular basis. Helping your business establish an overall system of lubrication excellence to provide long term cost benefit.

These organizations provide outside the box thinking by introducing innovative practices, new developed technologies like Pangea filtration Technology  and IoT integration to building management programs.

Best Practice Implementation Can:

• Improve reliable, sustainable operation to get control of your budget

• Reduce emergencies. Increase production. Improve your business profit profile

• Reduce maintenance cost

• Break out of the status quo to drive success with long term solutions instead of short-term fixes. 

• Bring your organization into the fourth industrial revolution.