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Profit Improvement Workshop – Kane County

May 22 @ 9:00 am - 11:00 am

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

 

Cost: Complimentary for Kane County business leaders

Registration Deadline: May 22, 2018

Sponsor: Kane County, IMEC

Presenter: Steve Schiera, IMEC Regional Manager

Contact Name: Emily Lee

Contact Phone: 309-677-4633

Contact Email: elee@imec.org

Details

Date:
May 22
Time:
9:00 am - 11:00 am
Event Categories:
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Venue

Kane County Government Center
719 Batavia Ave, Building A Auditorium
Geneva, IL 60134
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