Hardware Podcasts

Buying a Manufacturing Company with No Experience featuring Everyday Technologies' Cody Lee

Manufacturing Happy Hour · 1 Nov 2022 · 42m

What this episode covers

Cody Lee, President and Owner of Everyday Technologies, explains his journey of acquiring the 100-year-old metal fabrication company in 2021 despite having no prior manufacturing experience. He details the critical decision to implement a Plex ERP system to replace antiquated processes, aiming to solve capacity planning issues and improve financial visibility. Lee also discusses the unexpected challenges of managing working capital and cash flow, as well as his strategic focus on revitalizing the brand and building a high-accountability workforce to scale the business.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Everyday Technologies, Ferguson Construction
Products
Trump
Tools
Plex
Also
Murphy's Pub

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