Manufacturers
Top Line Growth
To the great benefit of U.S. manufacturers, the Manufacturing Extension Partnership has focused its efforts with client companies on process improvements. Services in the areas of Lean, Quality, Environmental and Workforce Systems have resulted in dramatic savings to the bottom line for companies. In FY2005 alone, a total of $1.3 billion in cost savings was achieved through MEP services with clients.
Building on these efforts, MEP is now deploying services that work both sides of the balance sheet – reducing costs and increasing revenues. Top-line growth services for manufacturers target increasing sales and adding new markets and new products—enabling companies to not just survive but thrive in the global marketplace.
We do this by delivering processes and action plans for increasing manufacturers’ revenues by at least 20% using specially customized versions of proven tools such as Eureka! Winning Ways, Lean Product Development, and technology translation.
Why Top-Line Growth?
While Lean frees up capacity for growth, this capacity must be converted to actual sales in order to generate profit, create jobs, enhance productivity and bolster long-term competitive position.
For most firms, it’s either grow or die; grow through innovation, entry into
new markets, or development of new technologies that build competitive
advantage, or die as global competition slowly erodes market share and
position.
MEP’s top-line growth services help manufacturing executives build and execute a vision for short-, near- and long-term growth.
What is MEP’s Approach to Growth?
MEP’s perspective and an approach to top-line growth is depicted below. We work with companies across the entire growth process, from identifying and evaluating opportunities (Definition and Discovery) to Development and Delivery of growth initiatives to customers.
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