Manufacturing Network Issues Resolutions For Small Companies

Compiled By Jill Jusko For small manufacturers who have not yet compiled a list of New Year's resolutions for 2002 -- never fear. The Manufacturing Extension Partnership (MEP), a nationwide network of resource centers that assists small manufacturers in becoming more efficient, productive and competitive, has put together its own list of 10 resolutions of cost-saving and productivity-increasing measures it says can positively impact a company's bottom line. MEP's top resolutions for 2002 are:

  • Re-examine your marketing approach. Is your company taking measures to identify areas of market growth?
  • Profile your best customers. A profile of your best customers can help locate prospective customers suited to your company's products and services.
  • Invest in sales training and technology.
  • Refresh your business perspective. Get fresh ideas on your business from an outside, objective third party.
  • Streamline business strategies.
  • Upgrade network security to combat the increasing frequency of computer viruses.
  • Review your disaster plan.
  • Invest in employee training.
  • Take stock of what you measure and why. Are they aligned with business strategies?
  • Talk to your employees about ways to improve the company. MEP is a program of the U.S. Department of Commerce's National Institute of Standards and Technology.
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