How to Fix a Factory: Influencing the Direction of Your Company w/ Rob Tracy

The Manufacturing Executive · 28 Jul 2020 · 23m · Episode 7

What this episode covers

Rob Tracy, president of Rob Tracy Consulting and author of 'How to Fix a Factory', discusses how manufacturing leaders should navigate long-term capacity constraints and labor shortages. He outlines four key strategic decisions: managing customer tiering and lead times, trimming low-margin product lines, adjusting pricing to reflect supply scarcity, and re-evaluating capital investments as throughput generators rather than just cost reducers. Tracy also advocates for using structured operating systems like his Manufacturing Leadership System (MLS) or EOS to execute these new strategies effectively.

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