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Manufacturing's Impact on the Bottom Line

Presenter: Donald Frank, CFPIM, CIRM

Manufacturing professionals consistently deliver improvements in the form of reduced waste, improved lead times, reduced costs, and improved quality; however, it is sometimes difficult to gain recognition for these accomplishments with top management. In this session, we will discuss the tools, perspective, and frameworks necessary to make manufacturing visible to top management and help show that manufacturing plays a positive role in the strategic and financial performance of the firm.

Top Five Learning Objectives

  • Develop a better understanding of metrics and how they influence communication
  • Differentiate between enhancing the top line and reducing the bottom line
  • Present a model for expressing operational improvements in financial terms
  • Discuss ways to communicate the costs related to operational changes
  • Identify strategies for making operations visible to top management

Who Should Attend

  • Materials managers
  • Operations managers
  • Plant managers
  • VP of Operations
  • VP of Supply Chains
  • CFOs
  • Accounting executives

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About the Presenter 
During his career, Donald Frank, CFPIM, CIRM, president of D. N. Frank Associates, helped companies in the selection, design, and implementation of computer-oriented manufacturing systems and associated educational programs since 1971. His practice included helping companies move toward ERP, TQM, concurrent engineering, MRPII, and lean enterprise environments in such diversified fields as aerospace, electronics, semiconductor fabrication, food processing, and plastics processing.

Frank was an active member of the APICS chapters in New Jersey and teaches certification training courses at client locations and for APICS chapters in the Northeast. He actively served on the APICS EPAD SIG (formerly CI SIG) committee and was the designated instructor for the APICS MMAS Standards and ERP Software Selection and System Implementation workshops. He was a frequent speaker on the professional society circuit and was well known in the literature for his papers on the interface among engineering, manufacturing, and databases.