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