Increasing revenues, acquiring new customers, and keeping the current ones happy seem to be the main goals in manufacturing right now. With production in the U.S. always changing, learning new ways to secure additional business is going to be one of the key factors to growth in the manufacturing industry as a whole.
Making increased investments in machinery and updating software and technology alone doesn’t always guarantee growth – although one might assume it would. Manufacturers (especially small-sized companies) are making investments at higher levels than any recorded in the past seven years, in an effort to attain more business. But in addition to those technology upgrades, we have adopted a few strategies to maintain a competitive advantage and be more responsive our customers:
Maintain a skilled workforce
- It’s expected that most manufacturers build basic parts and have assembly lines. That’s why we do our best to show that we have skilled workers who can work with our customers’ complex equipment AND have superior capabilities in engineering.
- We do our best to meet our customers’ needs as closely as possible. In our business, that means we develop custom designs based on clients’ specific requirements. We don’t just issue a standard system and expect them to work around it. We work around their system needs instead.
Find opportunities to improve
- We revisit our business strategies often in order to provide the best service to our customers. Something that worked well five years ago might not work so well today, so by constantly looking for ways to improve, we’re always at the forefront of our industry.