You can be ready to hit the ground running when the recession is over if you spend wisely and make use of your extra time now Nike High Heel . The usual response to a downturn in the economy is to overreact and stop spending entirely.
This not only fuels the recession, but severely hinders your chances of gaining a significant increase in market share air jordan 11 retro. Only you know your true spending limitations.
If youve done your work up front; improving throughput and eliminating waste, then you should be in a position to keep on spending foamposites for sale. This doesnt mean you spend unreasonably; just that you should continue to spend if you have the resources.
It is inevitable that some companies will not weather the storm Nike Zoom Kobe. Those that have ignored implementation of continuous improvement and lean manufacturing will find it difficult to survive in a poor economy.
At the very least, if they make it out of the recession at all, they will not be the same company they were prior to the downturn. If you know your competition, and you can recognize those which are faltering, then you can position yourself to take on the business they can no longer handle.RETAIN YOUR WORKFORCE AND TRAINAs your business begins to slow, do what you can to avoid layoffs. Simply because everyone is doing it does not mean it is a good idea. Short term gains most often bring long term losses. Let the lemmings run off of the cliff without you. A lot of time and money was invested to train those workers, so why just let them go You wouldnt throw away your machinery, so why throw away your employees Take advantage of the additional time you now have to do those things you said you didnt have time for in the past; things which will improve your bottom line. Things which will position your company to take on the business being cast off now, as well as the business that will come after the recession. Make use of that extra time for house cleaning. Get rid of all those old parts that couldnt be repaired. Sell off or recycle raw materials that you no longer have a use for. Organize those items you still use. Re-arrange your warehouse or departments for better work flow. Clean and paint your equipment so it will continue to serve your needs long into the future.Now is great time to train your workforce. Make use of the extra time you have to establish a training program. Create those Job Descriptions and Work Procedures. Find out where you are lacking and get those people trained. Cross-Train your workforce to understand and perform all the necessary jobs you have. Teach them to run all of the available machinery. Train them to function not just in their department, but in all of your departments. A well trained workforce not only addresses those scheduling nightmares, but helps to motivate your employees. By keeping your employee base intact and training them; you will have an experienced and efficient workforce in place when the recession is over. Isnt it much more attractive to have those experienced workers in place, than it is to have to go out and hire new employees and train them while you are attempting to take on new businessTake advantage of this extra time to tackle some of those programs that will improve your operations. Implement process improvement programs. Get some of your employees formally trained in six-sigma or lean manufacturing techniques and start using them. Put a structured preventive maintenance program in place. Get those green programs up and running. All of these training programs truly cost very little to nothing at all. The large investment is time, and time is what you have a lot of right now. Dont look at training as an unwarranted cash outflow during hard times, but a prudent and proven investment in the future of your business. HIRE THOSE HIGHLY SKILLED WORKERSWaiting to hire new employees when the economy improves might sound like rational thinking at present; however, if you wait until then to start hiring, the pool will be significantly smaller. Hiring those needed employees now will benefit the company now and in the future. There are presently an awful lot of unemployed experts out there who have been recently downsized. There are more top notch recruits out there now then there has been for nearly thirty years! Now is the time to take advantage of the situation and put some of those great employees to work in your company. Yes, there is always the chance that these experienced workers will leave for greener pastures once the market changes, but
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