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Profit Improvement Workshop – Mt. Vernon

June 21 @ 8:00 am - 12:00 pm

This event is cancelled.  Please contact Emily Lee with questions at 309-677-4633 or elee@imec.org.  Thank you

Looking for a proven way to improve your profitability?

Learn the 80/20 principle and how to apply it to improve the profitability of your business. Learn to identify the vital few (20%) that truly drive your revenue and profit and how the trivial many (80%) are draining your resources.  Uncover strategies that will quickly improve profitability in your business.

Real results:

  • A $7M contract manufacturing company improved gross margins by 49% in 16 months adding $350,000 to the bottom line.
  • A $60M sporting good company improved operating income by 4% points in under 10 months
  • A metal stamping company identified just 23 tools out of 200 that generated 90% of revenues. They developed a tooling improvement team that generated a $120,000 in cost saving in under 6 months.
  • Using the Most Valuable Customer strategy a contract manufacturing company identified the characteristics of their top customers, located similar companies, leading to $650,000 in new, profitable business in just 6 months.
  • A chemical company with 1200 formulas used 80/20 to help rationalize product lines, reducing 300 products saving tens of thousands of dollars and simplifying operations.

What you will learn:

  • How to identify and protect your ‘CORE’ business
  • Customer and product data analysis tools that you can use immediately
  • Use of the Most Valuable Customer strategy to identify new, profitable customers
  • Additional strategies that you can apply to improve profitability right away

Who should attend:

  • Owners, CEO, CFO, President, General Manager
  • Sales and Marketing leaders
  • Operations leaders

Cancellations made within 7 days of event may be subject to a 50% cancellation fee.

Cost: $189, includes materials and light breakfast

Registration Deadline: June 14, 2018

Sponsor: IMEC

Presenter: Steve Schiera, IMEC Regional Manager

Contact Name: Emily Lee

Contact Phone: 309-677-4633

Contact Email: elee@imec.org

Details

Date:
June 21
Time:
8:00 am - 12:00 pm
Event Categories:
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Venue

Magnum Steel Works
200 Shiloh Dr.
Mt. Vernon, IL 62864
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