3-Part Workshop: Innovative Cost Management Approaches to Achieve Improved Profitability of Your Plastics Business
Workshop
Innovative Cost Management Approaches to Achieve Improved Profitability of Your Plastics Business
Begins September 10, 2024
All workshop days are from 11:00 AM to 1:00 PM EDT.
Online
Summary
A business’ financial profitability comes from price/sales and the cost of the product/service. While this workshop will focus on cost management, you might think this is just another workshop on how to shut down an operation or downsize your workforce to reduce the cost of running the business. However, this is not the case! The cost comes from all the components of the plastics production lifecycle – raw materials to design/R&D to manufacturing to packaging to distribution/shipment. This workshop will demonstrate the use of the product platform concept for manufacturing simplification, innovation in product design/manufacturability, and cycle time reduction methodologies to make a significant impact on the cost of providing plastic products and services.
Agenda
If you can't attend one or several sessions live, or if you want to review some concepts, the recordings will be available after each session.
Registration Information
| SPE Premium Member | $540 |
| SPE Members | $600 |
| Nonmembers | $800 |
Not an SPE member? Join today and attend this workshop at a discounted rate!
Instructor
Matthew A. Harthcock, Ph.D.
Founder & CEO
Solutions by Harthcock Associates
Dr. Harthcock prior to being the Founder and CEO of Solutions by Harthcock Associates LLC -www.solutionsbyharthcock.com, was Head of Engineering & Quality and a member of the executive leadership team for Schneller LLC a TransDigm Company (aviation). He has also been head of R&D and a member of the executive leadership team for L&L Products (automotive parts supplier), a Technology Manager at GE Plastics/Sabic, and a Research Manager at The Dow Chemical Company.
Dr. Harthcock has over 35 technical publications, patents, articles, and book reviews; edited one book; given numerous technical and leadership presentations; organized and chaired sessions at conferences and his employers; conducted a number of technical and quality workshops. He has received several company or society awards recognizing various aspects of his work and leadership. Dr. Harthcock and the teams he was on were frequently challenged with improved business profitability. Accomplishment examples include:
- a 400% margin improvement in a $250M business in 18 months,
- creating alternate new product development approaches for customer’s needs and/or a competitive market (e.g. product platform concept resulting in 5X supply chain simplicity and improved profits for 70% of company sales; novel formulation simplicity and product design to reduce cost by 50%).
- by conducting many workshops on various processes has improved the efficiency and the effectiveness on average 48% and 32%, respectively.
Currently he is a member of the Missouri State University Department of Chemistry Advisory Board, Missouri State University Foundation Board of Trustees Executive Committee, and is currently Chair of the Society of Plastics Engineer Foundation Board. He is a member of the American Chemical Society, Society of Plastics Engineers (Emeritus), and Society for Automotive Engineers.
He received a Ph.D. degree in physical chemistry from Texas A&M University and a B.S. degree in chemistry from Missouri State University. He is certified by the Total Quality Institute, a Six Sigma Champion/Green Belt, and a Trusted Advisors Network Affiliate.
Questions? Contact:
For questions, contact Iván D. López.
Why Should You Attend?
If you work in a plastics business and have any level of responsibility for cost management to make your business more profitable, you should sign up for this workshop now to be inspired by the tools presented to improve your cost management in creative ways. That probably means anyone working in a plastics business!
Who Should You Attend?
Business leaders, manufacturing engineers and management, product developers/R&D scientists/engineers, process engineers, financial managers, and product line teams challenged with improved financial performance are just some of those that will get new ideas for managing cost in their plastics business.
