Webcast shows how companies are improving financial performance.
Press Release Summary:
Hosted by Cambashi Inc. and MESA, webcast on Feb 23, 2012 will reveal findings of Pursuit of Performance Excellence research study, which is based on over 300 responses. Event will discuss important actions successful companies are taking to improve financial performance. Participants will learn what can be done to achieve 10% or more improvement in EBITDA or Net Operating Profit, key concerns and roadblocks, and what executives vs. staff perceive as problems with improvement programs.
Original Press Release:
Webcast February 23 - "Sneak Preview" Metrics Strategies of Leading Manufacturing Performers
Event to reveal findings of New Research Study: Pursuit of Performance Excellence
Cummaquid, Mass. and Chandler, Ariz., - How are manufacturing and production companies managing to improve their financial performance in these challenging economic times? We will reveal some of the most important actions successful companies are taking in a webcast on February 23, 2012 at 11:00 AM Eastern. Cambashi Inc. and its association partner Manufacturing Enterprise Solutions Association (MESA) International are hosting this event about the operational and business measurement strategies of leading performers.
In this 1-hour webcast, lead researcher Julie Fraser of Cambashi, Mark Lincoln, VP Quality and Operations, Terumo Cardiovascular Systems, and Ted Bobkowski, Principal, Innovative Manufacturing Solutions will discuss this important topic. These manufacturing executives will share their best practices for pursuing performance excellence for the business starting in day-to-day operations. Use this link to register for the webcast: www1.gotomeeting.com/register/623153481.
During the event, presenters will discuss which performance metrics and practices in the plant allow operators, technicians, supervisors, and plant personnel to make a positive impact on financial results. Bobkowski and Lincoln are practitioners with deep expertise in regulated batch process and discrete industries, and are leveraging their experiences to help Fraser interpret study findings. The Pursuit of Performance Excellence study is based on over 300 responses from manufacturing and production companies around the world, a quarter of whom have made remarkable improvements in financial and business performance over the past three years.
Participants will learn:
o What are companies doing differently in operations to achieve dramatic or broad financial improvement?
o What can you do to improve operational performance and achieve a 10% or more improvement in EBITDA or Net Operating Profit?
o What are some key concerns and roadblocks?
o Is staff on the production lines getting information fast enough and in an effective manner?
o What do executives vs. staff perceive as problems with improvement programs? And, why does it matter?
o Why should you be thinking about predictive metrics instead of limiting yourself to just after-the-fact reports?
This event is made possible by six co-sponsor companies who also funded the study. Premium funding sponsors for the event are: Rockwell Automation (www.rockwellautomation.com), SAP AG (www.sap.com), Solarsoft Business Systems (www.solarsoft.com) and Tata Consultancy Services (www.tcs.com). Camstar (www.camstar.com) is a premium sponsor for semiconductor and medical device industry verticals. IQity Solutions (www.iqitysolutions.com) is a supporting sponsor. In conjunction with MESA and Cambashi, this sponsor team is committed to increasing the production companies' understanding of the role plant performance and operations metrics play in corporate financial success.
About MESA www.mesa.org
MESA International is a global community of manufacturers, producers, industry leaders and solution providers who are focused on improving Operations Management capabilities through the effective application of technology solutions and best practices.
We accomplish this through the following:
o Collect, share, publish, and education best practices and guidance to drive greater productivity and the overall profitability of the manufacturing enterprise.
o Education of manufacturing operations best practices through the MESA Global Education Program.
o Facilitate innovation and collaboration to enable the real-time enterprise and Plant to Enterprise (P2E) integration.
o Enable members to connect, contribute, cultivate understanding, and exchange strategies to drive operations excellence.
About Cambashi www.cambashi.com
Cambashi, a leading global industry analyst and market consulting firm, prides itself on delivering compelling insights on the use of IT to address critical business issues in manufacturing, process, distribution, energy, utilities and construction industries. Cambashi's experienced team partners with clients to clarify and validate decisions, assess trends and articulate the drivers of value that impact businesses. Cambashi tailors its services to the needs of each client to improve collaboration and profitability across an organization and is known for being highly responsive, meeting deadlines and delivering high value. Leading global IT buyers and sellers benefit from Cambashi's unique combination of services, including global market data, professional development, industry training, primary research, and custom advisory services that guide clients to successful action.
