Managing in a Time of High Inflation

Managing in a Time of High Inflation

About 50 years ago, GE hired young Professor Ram Charan and a small team of other experts to create and deliver a training course for GE managers. The topic was complex to talk about, but it was necessary. The subject was running a gainful, growing business during...
A High-level Overview on Growing Aftermarket Revenue

A High-level Overview on Growing Aftermarket Revenue

Industrial companies’ product sales and margins are declining. Still, owners and executives demand growth. Fortunately, growing aftermarket revenue is delivering the needed boost. According to McKinsey: “CEOs at industrial OEMs are increasing their focus on...
How Revenue-Based Financing Can Be a Source of Capital

How Revenue-Based Financing Can Be a Source of Capital

Small and growing businesses frequently find themselves in a cash crunch. To acquire more cash, businesses are usually limited to a bank loan or an investor who will buy a piece of your business for the capital infusion. There is a third alternative – Revenue Based...
The Value of PdM: Equipment Uptime and Peace of Mind

The Value of PdM: Equipment Uptime and Peace of Mind

You run a manufacturing business. You are the owner, CEO, COO, manufacturing director, divisional managing director, plant manager, or another equally responsible role. Every day, whether you commute to the factory daily, work from home and monitor the operation...
How Should I Price Spare Parts?

How Should I Price Spare Parts?

About 10% of all businesses are giant and employ professional pricing experts to prepare important quotations and set most product and service list prices. The remaining 90% of U.S. businesses are SMBs — small to midsize companies. With assistance from their CFO, they...