RESULTS FROM VALUE MAPPING VARIABLE COST PROCESSES AND CREATE TRACKING REPORTS FOR QUALITY AND PREVENTIVE MAINTENANCE - Celia Powell

Celia Powell - "By the Numbers"

Introduction
Good day and hope you are looking forward to a productive week.
This week we are announcing our new IBGR app for Android and iOS. 

This will provide an opportunity to share information, ask questions, and gain support for starting, growing, or exiting your business.

Download the app so you can:

1. Follow other users including the OnAir Talent and Executive Team at the station.
2. Ask and answer questions about starting, growing, and exiting the business from our OnAir team and each other.
3. Follow any member of the Community to stay abreast of their latest business insights as well as building your own following.
4. Start discussions to stimulate input from other members of the Community.
5. Create and vote in Community polls.
6. Post and comment on posts and blogs.
7. Access and share content entrepreneurs and business owners can use.

We built this beyond the reach of the 'masters of the universe' so you can speak your mind.

Have a great business week.
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Listen>Apply>Engage
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Stage III (Next Act)
Show Objectives - The Why The Results from Value Mapping Variable Cost Processes
This might be one of the simplest show topics to explain its value or why you should listen. Starting with where we are in the growth process, Stage III is where we are building the foundation for full growth; growth to the company's potential. 

What needs to be accomplished right now is becoming the leanest, highest quality, best margin products and services to aggressively sell.

Key Issues - Owner Perspective:

1. What were our savings in labor, materials, and time.
2. How to use the savings to improve our competitive advantage.

What You Need to Know - The What

• EPISODE A.021 THE OPERATIONS ELEMENT

What You Need to Do​​ - The How

1. Compare the old process (AS IS) with the new process (TO BE).
2. How many macro steps were added or deleted.
3. How many micro steps or sub-steps were added or deleted.
4. What was the total impact on quality
5. What was the total impact on material costs
6. What was the total impact on labor costs
7. What is the new estimated margin and how does it compare to the previous margin.
8. Identifying how to improve our competitive advantage with lower costs, better margins, and improved quality.

 
Stage IV(Big Fast)
Show Objectives - The Why
The essence of this part of the show - easy visual measure maintained by the responsible people. You can realize several benefits regardless of what is measured - a real-time reminder on critical measures and people responsible for their numbers.

In this case it is quality and preventive maintenance, but it could be anything.

Key Issues - Owner/Manager Perspective:

1. How to measure and display Quality data.
2. How to measure and display Preventive Maintenance data.
3. How to assign posting responsibilities and monitor the data.

What You Need to Know - The What
Major Types of Charts:

• Comparison - a chart that draws a comparison between two or more items on different parameters;
• Relationship - a means of depicting the pattern and extent of independent or interdependent variables;
• Composition - graphs and with disjoint point sets and and edge sets and is the graph with point vertex and adjacent issues;
• Distribution - a representation, either in a graphical or tabular format, that displays the number of observations within a given interval.

​What You Need to Do​​ - The How
Quality

1. Data Table
2. Control Chart
3. Burn Down Chart

Preventive Maintenance

1. Data Table
2. Line Chart

Shows
Previous: 

• Stage III EPISODE F3.004 WHAT ARE THE RESULTS FROM VALUE MAPPING THE FIXED COST PROCESSES?
• Stage IV EPISODE F4.004 CREATE TRACKING REPORT ON CASH FLOW MANAGEMENT

Next: 

• Stage III  EPISODE F3.006 WHAT ARE YOUR MOST AND LEAST PROFITABLE PRODUCTS AND SERVICES? 

Stage IV EPISODE F4.006 CREATE TRACKING REPORTS ON CUSTOMER ENTHUSIASM, ACCOUNT PERFORMANCE, SALES COMPENSATION.

F2.05.3NA