Growth is one of the highest priorities of most companies, second only to profitability. Growth replaces old business and contracts with new ones, improves profit, provides energy to the employees, and keeps the company connected with the changing market place. Growth is also the second largest cause of business failure, because most companies are not structured or managed for growth. Many companies target and measure sales performance, accounts receivable performance, manufacturing efficiency and quality performance – but not new program and project implementation!
The successful planning and timely implementation of your new business impacts cash flow, customer relationships and banking requirements. Without careful management of this area you could wind up giving away very profitable engineering changes, invoice your customers late (or never) for tooling, incur the expense of expedited parts shipments, etc. Yet this is the most-often overlooked and under-managed area of a supplier’s operations, and the one most likely to drive a growing supplier into financial distress.
Integral but often overlooked keys to successfully implementing new programs and projects are:
What JP-MC Can Offer to You
A disciplined and data-driven process can pay huge dividends to your bottom line. We can evaluate your process and systems, help you gain control of your current programs, install unique or standardized systems to maintain that control, and train your staff. The best and cheapest money is in bringing organization from chaos, and we can help.
Our Successes – Associates of JP-MC
Our advice is based upon our combined experience of not only winning new business, but managing and launching it – from design and development through high-volume production – in a very robust and methodical manner. We have worked with American and European suppliers, and with American, European and Asian OEMs. We have worked this process in small and in Fortune 100 companies, with collocated staff and with staff in facilities around the world.
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