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business development manager

Case Study: Penetrate Horizontal Markets To Scale Fast

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Introduction

  • Worked with Aerospace component manufacturer for aircraft turbines to look at other ways to grow and scale their business. They had tapped all the potential customers in that area or were already in the process of pursuing. We worked together to determined that many of their capabilities and components were interchangeable with the requirements of ground turbines (i.e., hydro-electric generators). With this information we set off to target the ground turbine market to help grow the overall business.
turbine lg

Methodology

  • We used the companies experience and equipment that was already capable of manufacturing Aerospace spec components and translated that to the Ground Turbine industry. This included a marketing plan with email on-boarding and maximizing tool to take full advantage of their limited sales team.

Results

  • We acquired a new customer within the first 3 months of the campaign, which resulted in $365,000 in growth for the first year and a five-year long-term-agreement for $563,540 a year. The company continued to explore the market.

Conclusion

  • The goal was to increase profits when they though they had explored every option. We were able to find ways to pivot their capabilities to target a new market without changing anything or adding any other cost. By identifying where their capabilities fit in, we went full force after a new market.
  • This type of market penetration can be done to virtually any manufacturing business including long established businesses. If you are creative and look at your strengths, you can always find new markets to penetrate or new products to develop to make more money faster! Contact us today for a consultation. Sales@InfinitySks.com

Check out more helpful tips on “The Weekly 5 Blog”.

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Case Study: Using Fixtures To Reduce Scrap

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Introduction

  • Aluminum Investment Casting Manufacturer was having issues with their current machining supplier. They were not delivering on time and had a high scrap rate. The late delivery was causing them to be late with their customers therefore affecting their credibility and the time they can collect their revenue. The high scrap rates mean they must make more castings just to get one acceptable finished one. Every “raw” casting that can be processed and sold means profit for the company. We offered a solution to reduce their scrap rate and were able to make the operation faster to meet their delivery times.

Methodology

  • We determined that the lead time issues were connected to the scrap rate. Since they were shipping a batch at a time if any casting was scrapped, it would cause a lower quantity shipment. The shorter shipment they receive, the more they will continue to be late at the end of the month. We reviewed the issue and determined the supplier was not properly setting up the castings to machine the features.
  • We worked with their engineers to design and build a series of Machining and Inspection fixtures to ensure their parts were ok before they were even sent out of the casting facility. This allowed them to catch them before they left the facility and do secondary processing to make sure they are corrected before they are scrapped after machining. The second key to solving this problem was a machining fixture which allowed us to set quickly set up and clamp when compared to the previous supplier.

Results

  • Ultimately, we designed and built the various fixtures needed to improve the processes and transferred the process to our machining partner Mold Plus Engineering. We helped them set up a process control procedure. To help with catching up on their orders, we set up a split shift with one machine dedicated to their components. Along with this we had a daily pickup and delivery schedule to make sure they are getting the parts as they are finished.

Conclusion

  • Summarize the key points of the case study.
  • We were able to completely turn around a project that was causing the casting manufacturer their reputation and money. Once we made some investments in the process control of their operation were able to increase their profits and help them get caught up with their deliveries.
  • This type of adjustments can be done to virtually any manufacturing process including manual operations. If you improve the process times, lower cost and mistakes, and make it repeatable, you can make more money faster! Contact us today for a consultation. Sales@InfinitySks.com

Check out more helpful tips on “The Weekly 5 Blog”.

OFFICIAL WEBSITE: https://InfinitySKS.com

CONTACT US: Sales@infinitysks.com

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Live your dreams or be used

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Most people I’ve met, including a younger me, have been manipulated to go work for a tyrannical CEO who gets off watching you pour your heart into a project just to cash that check and give you 5 more projects due in the same amount of time. We do it because we’re conditioned to think that we are successful if we work hard, make more money, and get promotions. Yet as the employee, they control everything you can do and make you feel guilty for taking breaks and vacations you’ve earned (if they even let you take any). The more you rise in the company, the more of a slave you are.

The corporation’s goal is to strip you of your humanity for you to give them everything you have for a couple of dollars, to live paycheck to paycheck and they feel burdened that you need to spend time with your family.

Then after giving your life to them, they pat you on the back if you’re lucky, if not, maybe a manager goes and stabs you in the back and gets you fired.

One way to fix this broken system is for the employees to stand up to these tyrannical higher beings (how “they” see themselves) and just say no, but then how do we survive?

Maybe companies could potentially start treating workers a little more like humans? Maybe employees need to start their businesses with the skills they’ve learned? What do you think?

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OFFICIAL WEBSITE: https://InfinitySKS.com

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012 – How To Build A Prototype

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Design Kitchen – “Inspiration for Innovation” http://designkitchen.org/

The Lazier Chair

Sticking to the Infinity Skies Corp Business Plan

What It Requires? Planning Vs Doing

Websites

Finding Customers

Design For Manufacturing

How To Build A Prototype

Level of Partnerships

We are here to make engineering fun to inspire future generations, connect ideas to action, and offer support for anyone who is looking to kick off the next products of their dreams.

Send us your ideas. Whether you have an idea that you want to produce yourself or think it would be cool to see someone bring it to life. If you want to keep it 1-on-1, or let everyone hear about it, we are here for you.

Check out more helpful tips on “The Weekly 5 Blog”.

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CONTACT US: Sales@infinitysks.com

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Tip #6: Contact Us Now!

011 – Use SCORE for Free Business

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Design Kitchen – “Inspiration for Innovation” http://designkitchen.org/

Using SCORE.ORG To Make A Business Plan

Infinity Skies the company that builds companies

The ultimate tool from Infinity Skies Corp for the 9-5 worker to escape to entrepreneurship

The Basics of the 50-Page SCORE Business Plan

Ways to Use outside services like Infinity Skies Corp to grow your business

The Goal by Eliyahu M. Goldratt

The Magic Knife Body Frame

The Modular Backpack Tent

We are here to make engineering fun to inspire future generations, connect ideas to action, and offer support for anyone who is looking to kick off the next products of their dreams.

Send us your ideas. Whether you have an idea that you want to produce yourself or think it would be cool to see someone bring it to life. If you want to keep it 1-on-1, or let everyone hear about it, we are here for you.

Check out more helpful tips on “The Weekly 5 Blog”.

OFFICIAL WEBSITE: https://InfinitySKS.com

CONTACT US: Sales@infinitysks.com

SOCIAL MEDIA:

Tip #6: Contact Us Now!

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