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The Ultimate Guide on How to Boost Production Line Efficiency

StrategyDriven Tactical Execution Article |Production Line Efficiency|The Ultimate Guide on How to Boost Production Line EfficiencySOPs or standard operating procedures may vary from one company to another. However, the main common goal across industries is to achieve strong production efficiency. SOPs boost production efficiency because they focus on happy customers, strong supply chains, and safe employees.

As a production line manager, you strive to maximize the output without sacrificing quality. Unfortunately, this isn’t always possible. According to a report by Carpedia, most companies use up approximately 50% of their equipment and labor resources.

Tips on How to Improve Production Efficiency

Understanding what you’re making

While it may seem odd that anyone would manage a production line without knowing their product, the fact is that managing a production line doesn’t necessitate fully understanding the final product inside out. However, this doesn’t mean that you shouldn’t take some time to know the product and the production process intimately. When you know what the final product is supposed to achieve, you may be able to identify some parts of the production process that you can alter. For instance, you may find it cheaper to outsource your PCB Assembly tasks.

Effective automation

Replacing your employees with a machine isn’t the wisest choice. For production to be efficient, automation should be effective. As a production line manager, you want a return on investment. Therefore, you should make sure that any machine you invest in doesn’t need constant maintenance or supervision. This will help free up your staff so that they can perform more valuable work that cannot be done by a machine.

Improve on safety

There are several safety risks in factories that use production lines. Therefore, you have to consider the use of heavy equipment and machinery, and the handling of dangerous materials, especially if they’re hazardous. If your employees often deal with electrical items, there could also be a fire risk. As the person in charge, you can make your workplace more efficient by improving your employee safety.

Schedule preventive maintenance

A little maintenance of your production line equipment will go a long way in warding off bigger problems later. Most companies schedule regular checkups for their equipment. However, scheduling maintenance reminders can help your employees to remember when checkups are due.

Train your employees

Employees are the lifeblood of your business, and if you find them inefficient, it may not be their fault. You have to train new employees to adhere to company standards, and when you don’t train them, they will copy those around them, which can lead to errors. You can standardize operating procedures after identifying gaps in your employee skills, knowledge, and processes. Ideally, you should do this before you create a training program.

Bottom Line

Boosting efficiency in your production line is an ongoing process. Therefore, don’t underestimate the value of taking time to understand your product, automation, safety to reduce workplace injuries, and equipment maintenance. Sometimes, it is the small strategic changes that yield the best results.

However, before you make any changes remember to always ask yourself the cost of that solution. . For instance, you can improve production line efficiency by investing in a new multimillion-dollar piece of machinery, but can you solve the problem with a cheaper alternative? Don’t use your business capital unless you have to.

5 Tips Guaranteed to Improve Employee Performance

StrategyDriven Managing Your People Article |Improve Employee Performance|5 Tips Guaranteed to Improve Employee PerformanceLet’s face the truth – your company’s success depends on your employees’ performance. Even when you are recording peak levels of turnover and maximum motivation, you may not be sure how to harness your employees’ potential. You will need various solutions to flip these dynamics.

Before you act on a particular solution, make sure you understand why your employees are not performing as expected.
Read on to learn some tips you can adopt to improve employee performance in your organization.

1. Set Clear Expectations

Do your employees understand their job descriptions? Communicating the expectations to the employees ensures that they have a clear picture of their assignment. After they are aware of their work, make frequent and clear communication to manage these expectations.

Your employees should describe their objectives freely. Moreover, they should understand their functions and responsibilities at the workplace.

2. Use the Right Tools and Technology

Embracing technology in the workplace is one way to drive engagement and improve performance. However, you should have the right technology and tools to match all the employees’ expectations.

Ensure that the hardware you have in the organization is compatible with your software. For instance, if underperformance in your company is due to the manual processes of making cuts and shapes, you may consider introducing a CNC cutting machine.

A CNC cutting machine can translate computerized information into instructions that a machine can follow easily. Browse this site to learn more about CNC cutting machines.

3. Empower Your Employees

Employee empowerment is a vital aspect of any organization’s performance. There is no one-size-fits-all approach to employee empowerment. The goal of any empowerment practice is to give your employees the power to make high-impact decisions in the organization.

While there are diverse ways you can empower your employees, focus on the one with a higher chance of success. For instance, you can start by providing input on their goals and objectives. Ensure that they have all the resources they would require to improve their performance. Besides, train your employees such that they can do their work without requiring any form of micromanagement.

4. Carry Out Performance Appraisals

Performance appraisals should not scare or pressure the employees to work; instead, they are a necessary tool that influences employees’ performance. Such an exercise gives the employees a complete overview of where they stand on their performance radar.

Regular performance appraisals will help the employees stay focused on the set individual and organization goals. Also, it is necessary to let them know of the significance of such reviews.

5. Improve the Employee Morale

Delighted employees have a high chance of performing well in their work. So, it would help if you took the necessary measures to improve the morale of your employees.

Review the working environment, benefits, salary level, and the knowledge of its mission and vision to ensure that the employees feel satisfied with their job. Employees with a clear understanding that their role is necessary for their employer’s success will always give their best.

To achieve success in your organization, you need to have the right systems, rules, and strategies in place. If you want to improve the performance of your employees, you must include their considerations. Learn why your employees are underperforming and focus on creating conducive environments for success.

4 Adjustments that Can Significantly Reduce Company Expenses

StrategyDriven Managing Your Finances Article |Reduce Expenses|4 Adjustments that Can Significantly Reduce Company ExpensesMost companies make a substantial amount of money, but the high costs of running the business use up most of the finances making the venture not profitable. To maximize profits, cut down the expenses as much as you can without compromising business operations. Here are ways to help your business make more savings

Check Your Energy Consumption

As professionals from Olympia Lighting will inform you, energy costs can be managed or reduced by LED lighting. It’s easier to maintain, doesn’t use as much power (uses 75% less than traditional lighting systems), and is echo friendly.

Additionally, install solar panels in your facility to power LED street light fixtures and other appliances. Invest in smart lighting systems and ensure offices get enough natural light, which minimizes electricity use during the day. Also, make sure your devices are energy efficient, well maintained, and perform effectively. Faulty and old machines need more energy to power them. Always go for the eco-friendly options in the market when making a new purchase.

Modernize Your Marketing Techniques

Although it pays to stick to what works for your business, use the power of referral more than traditional marketing. Referrals tend to become loyal customers and refer more clients. Also, leverage your company’s social media platforms.

Engage with clients, give your business a recognizable face, and network more. Let your customers know about new offers, products, and discounts and at the same time have details of your products on all your social media platforms. Also, respond to customer inquiries on time.

Use every mode of communication with the clients as a marketing platform. Give details of the offers or new products you have on follow-up emails, invoices, and quotes.

Focus on Quality

When you offer customers quality products or services, you build trust, and they depend on your services. When goods or products are faulty, customers have to return them for replacements. It cost the company more money to issue replacements, make shipments, and it wastes time. Quality supplies, although costing more, don’t frustrate your efforts. You can also confidently charge more when offering quality products.

Keep Reviewing the Supply Costs

Are your supplies giving you the best deals? Regularly check the market prices for your supplies and negotiate a better offer with your vendor or shift base. Also, check what big suppliers are offering. Most are cheaper than smaller companies because they produce in bulk, although you don’t get to build a personal relationship with them.

Make Maximum Use of Your Space

Do you have a large space that’s underutilized? Consider leasing or crafting better ways of using it. For instance, you don’t have to invest in separate dining, meeting, and relaxing areas for the employees but consolidate all these needs into one space. Also, don’t stock more than you need for a month or two. Digitize your operations, which means less paperwork and filing systems. If you have equipment that you use seasonally, consider leasing it out when not in use.
Small adjustments can significantly lower your expenditure, resulting in more profits.

Stepping Up Your Business In 2021

StrategyDriven Entrepreneurship Article |Business in 2021|5 Lead Generation Tips for 2021Working for yourself can often be the dream life for many. It can give you that flexibility of finding the right balance between working and home life, and give you the opportunity to work in a field that you are passionate about. Not many people love their jobs, but people who work for themselves often say that they do. It can take a while to build up a business yourself. A lot of people do it while working in full-time jobs, or even attempt to start a business from nothing and turn it into something during their spare time on very little money.

The last few months have seen many people decide on starting a business. Having had time during the lockdowns to think about what they wanted to do, and in some cases start a business with the global pandemic directly in mind. No matter when you have decided to do it, you no doubt want to make some improvements where you can. But, once you do take that plunge and you have an established business you can look at ways to step it up a notch. 2020 may have been a strange year, but that doesn’t mean this year has to be the same, and you could make some improvements to your business in order to step things up. With that in mind, here are some suggestions to help you.

Outsourcing instead of hiring

One of the first things you could consider doing would be to outsource certain aspects of your business. Logically, this can actually be a great money saver for you as it saves you hiring someone specific and having the outlay of a consistent wage. Outsourcing means that you have someone doing that role for you as and when you need it most. The hours that suit your business as well as the budget you have to spend on it. Things it could work for include IT, accounting, social media management and website development. Leaving you free to focus on the things that you could make the most difference with. Outsourcing can be a great way to push your business forward and focus on some of the things that you could do to improve business in the areas where you can make the most difference.

Are company vehicles the right choice?

Many businesses move on to think about logistical needs, and company vehicles can often solve this problem for you. This might be for yourself or your staff members. There are many different funding and fleet management options that you could consider, and fleet finance can often be a great choice to consider. There are some other benefits to company vehicles including the advertising opportunity. Having a vehicle sign written with your company details means that every time it is out on the road or parked up, you are advertising your business. Of course, the downside is the additional business cost, but you need to weigh the benefits to work out if this is the right choice to make.

Thriving at home

Right now there is no choice but to work from home, but this could be a big money saver right now while you have no choice. Using your business as a purely online venture will help you to keep your costs down and make some big savings this year. As there is no other way to operate for your business, you know that you don’t have any worries of competitors doing things differently. So this could be a great way to give you a level playing field with businesses and allow your business to grow in a different way. If you are having to work from home make sure you create a dedicated working area. This could be something that you have in a corner of your home, or you may want to look at turning a room into an office. This might need to happen if you have stock that you need to store or if you have a lot of packing that you need to do to send items.

Moving from home into a business a premises

You may think that moving to a business from home is actually going to be a real expensive thing to do. At home, you have very little overheads to think of, but you are limited in what you can do. Sometimes spending more can bring you greater benefits. This could include a shop to sell from or a premises in which you can meet potential customers and clients. Meaning more business could be done in the future. It may seem like this is a tall order right now with many shops and establishments closed for face to face business, but it is certainly something that you can aim for in the future.

StrategyDriven Entrepreneurship Article |Business in 2021|5 Lead Generation Tips for 2021Making more of free advertising options

Do you really take advantage of free advertising options? The main one being social media? The chances are you are probably not doing it as well as you could be. There may be times that you are not posting as consistently. Or it could be that you are just not making great content. Now is the time to stop and reevaluate your social media marketing and make some changes. Try different things, look at ways to include a bit of personality. Don’t always think that a sales approach is the right approach, you will want to engage with your audience. This is where some of the best accounts do the best when it comes to social media and advertising in a different way.

Place a focus on your marketing

You also need to take some time to think about focusing on your marketing plan and strategy. Marketing isn’t just about social media, it is about advertising in general and all of the options that you have available to you. This is where you could use the help of the best digital marketing company in your area. They can help you come up with a plan to make the most of the marketing opportunities for your business. A strategy can help you to understand what is needed and also enable you to focus on making the best changes to your business in order to reach new customers and expand on your business where possible. A marketing professional could help you to make sure you understand what your niche is and take advantage of it.

Focusing on your local community

Many people are changing the way that they shop. This is such a good thing for small businesses. A lot of people like the idea of supporting local and small businesses, and so now is the best time to start making a name for yourself locally. There are some easy ways to be known. You could get involved in community events, such as sponsoring them, or being part of them with a pop-up shop. You can advertise locally in small magazines or on local Facebook pages. Even just talking to shop owners and chatting in the community can help build your profile. During the pandemic there was such a huge focus on helping small businesses to thrive under the current circumstances that they faced. Advertising locally can help you to build on that and to make more of the business potential that you have. Shopping locally and supporting small businesses is something that many people feel strongly about, so enabling that customer base to see who you are and what you are all about could help your business to thrive in a different way.

Is expansion on the cards?

Finally, are you thinking about expanding your business? It may often be seen as a big expense, but expanding your range and also looking at ways to reach out for more potential customers will see you benefit in the way of profits. The new year is the ideal time to start thinking about this, and some of the ways that you could do it. It could be something you have already started to work on, or you may want to put the plans in place to make it a reality. Maybe it is franchising your business or selling the business plan and potential that your business has. It could be looking at expanding your products or the services that you offer or heading in a different direction when it comes to the niche that you are in and what you can do for your customers. There is so much potential for expansion for businesses these days, so definitely don’t feel like you are restricted right now. It might just mean looking at another avenue to explore.

Starting a business is always going to be scary, and even doing it while the world faced a global pandemic may have felt crazy at the time. But now that we are in a fresh new year you can take advantage of that new found motivation to take things up a notch. Let’s hope these tips help you to step up your business.

5 Lead Generation Tips for 2021

StrategyDriven Online Marketing and Website Development Article |Lead Generation|5 Lead Generation Tips for 2021Let me be straightforward – there’s no magic list of lead generation strategies that will make you a fortune in 2021. When it comes to generating leads, we don’t get a magic button to push. Still, there are certain things that you can try and do, many of them regularly, that will boost your odds at bigger success by the end of this year.

What is Lead Generation?

Lead generation comprises marketing activities that result in collecting information and using it to build a list of potential clients. This data can be collected both online and offline. Offline channels include cold calling, direct mail, hosting events, print ads, etc. Online channels include websites, blogs, ads, social media posts, and SEO.

What does this mean for you?

It means that this year, you should take action as soon as possible. Roll up your sleeves, collect the necessary data, check out some presentation templates, send out emails, and get out there to make your brand more recognizable than ever. With all this being said, here are the 5 most promising tips to follow this year.

5 Tips for Lead Generation in 2021

Have you been looking to expand your brand and make it bigger? Here are some excellent ideas for generating leads these days.

1. Knowledge Base Software

Knowledge base software is an essential lead generation tool these days. This applies to a database where you store a wide range of information. Such bases are located online and in most cases, based on clouds.

How can you use such software?

Essentially, this software is the brain of your company. You can use it for both internal purposes and communication or external support and communication. By using free knowledge base software, marketers can manage, store, and organize the documentation and information they need to take any further steps into branding their business.

You’re probably a very busy person and as such, you need to find a single solution to most of your problems. Rather than having all your data spread across systems and platforms, apps, email chains, tools, widgets, and notes – you should have them placed in a central, easy-to-access place.

When you have it all organized and gathered, you can create better planned and carefully executed lead generation strategies.

2. Email marketing

For many years now, email marketing has been one of the top priorities of business managers and owners when it comes to lead generation. Research shows that over 80% of marketers already use it in their strategies. Seeing how email marketing stands right beside content in terms of affordability, this is one of people’s favorite methods to find more leads.

According to BtoB Magazine, 59% of marketers consider email to be their best channel for generating revenue. Chances are, you are already aware of this and have built your email marketing to some point. This year, make it your priority. Create quality content to send to potential customers and use cold email outreach to generate new leads. If you do it properly i.e. with quality content and by targeting the right people, it will surely get some leads flowing in.

3. Automation

On average, 51% of companies use at least one automation feature or platform. This comes as no surprise – people are busier today than ever. Lead generation used to be much simpler when you needed to offer a downloadable product or white paper, create an email funnel and simply pass it off. Now that the competition is much bigger, this takes long hours that many marketers don’t have at their disposal.

In 2020, most companies opted for automation in at least one project in terms of marketing. Some automated the tasks for employees, others used this to schedule their online presence, etc. As long as you use accurate and carefully collected data to prep the automation process, this can save you a lot of time and yield amazing results.

If you don’t know where to start when testing for your brand and lead generation, use this usability testing guide. It will help you find out which parts of your business can be automated and how this can be achieved.

Some of the most prominent ways that automation is driving lead generation efforts in the past few months include chatbots, tool integrations, and of course, nurturing leads. Estimates have already shown that by the end of this year, the automation industry will be worth over $83 billion. This number sure gives you a push in that right direction, doesn’t it?

StrategyDriven Online Marketing and Website Development Article |Lead Generation|5 Lead Generation Tips for 20214. Content Marketing

Content has always been the strongest tool in marketing. This applies to lead marketing, too. This year, when you think content, think whitepapers, eBooks, webinars, and videos. But most importantly, focus on quality content.

Creating quality content demands a magnitude of resources, experience, and planning. You need it for your email funnel, website, blog, social media posts, and even the conversations you have with potential customers. They don’t say that ‘’content is king’’ without a reason.

High-quality infographics, whitepapers, videos, eBooks, webinars, and podcasts have been in high demand these past few years. This year, you should make it your brand’s priority to create only original, quality, and planned content across different platforms and for different purposes.

One of the most promising content types is a video right now. Experts have predicted that by next year, 82% of the internet traffic will be dedicated to some kind of video content. This shows that video marketing:

  • increases engagement
  • provides more accurate, visual, and detailed demonstrations
  • is an amazing tool for spreading word-of-mouth

How does this apply in the lead generation world, you might ask?

In this sense, videos can be used to get your brand’s name recognized, make it memorable, send more personalized follow-ups, and reach a wider audience.

5. Social Media Communities

Social media doesn’t always have a good reputation when it comes to lead generation. In reality, this can go both ways. But, if you know where to look, social media can turn out to be the best place to find new potential customers.

In addition to social media advertising, try tapping into online communities and social media forums on different platforms. Find out where your target audience hangs out. Some research on your current audience will help you narrow down a buyer persona, information that you can use to find the right groups and reach out to them.

When you find them, how can you use them to generate leads?

First, make sure that the group allows for promotional content. Hunt down the groups that are relevant to your brand and mention the problems you aim to and can solve. Second, check the group’s post. Go through their history and decide whether or not your target audience hangs out there.

Once you find those groups, get subscribed and slowly build yourself a name in the group. Answer people’s questions to establish yourself and your brand as experts in the field. Provide people with solutions and ask them questions that could help you improve your strategies. Reply to their comments and messages. This is how you will generate new leads.

Final Thoughts

Trends like video, automation, and knowledge base software can easily become a win for landing new customers, sales, and leads. Even though these tips aren’t written in stone, they have proven to be very effective in the past couple of months. Research shows that their effects will only grow, which makes it undeniable that you need to use these tactics in your lead generation strategy.