Motor and generator producers urged to boost productivity

subscribe

To ensure a profitable survival by producers of motors, generators, land transportation motors, fractional and integral motor generator sets, and components in a declining durable goods market, the emphasis must be on improving output per man-hour worked, thereby trimming labor costs and boosting profits.

Too many manufacturers of motors, generators, and components are satisfied with only an average return of about 3% on sales, but this is not sufficient for longevity, said Dr. Woodruff Imberman, a leading management consultant, in his remarks to a meeting of motors, generators, and components manufacturers at the recent IEEE PES Transmission and Distribution Conference at McCormick Convention Center in Chicago.

Dr. Imberman emphasized the use of various productivity enhancement programs by certain manufacturers, which stimulate their workforces to produce more efficiently with quality output. This is of particular importance where there are Hispanic workers. The efficient producers, said Dr. Imberman, enjoy as much as 10-12% profit margin on sales, despite the mounting import competitions, and they do this mainly by concentrating on a variety of bonus production programs which stimulate the workforce, particularly with Hispanic workers.

The leading productivity improvement program is Gainsharing, which increases employee income and company profits. In response for further information, Dr. Imberman cited a lecture which he delivered at Indiana University and published as an article entitled, “All You Ever Wanted to Know About Gainsharing but Were Afraid to Ask,” copies of which he distributed to the meeting, and may be available to others by request to imbanddef@aol.com. There is no reason to fear a recession by producers who concentrate on efficient productivity procedures, thereby shaving costs and boosting profits, concluded Dr. Imberman.

Related News

power

Warning: Manitoba Hydro can't service new 'energy intensive' customers

WINNIPEG - Manitoba Hydro lacks the capacity to provide electricity to any new "energy intensive" industrial customers, the Crown corporation warns in a confidential briefing note that undercuts the idea this province can lure large businesses with an ample supply of clean, green energy.

On July 28, provincial economic development officials unveiled an "energy roadmap" that said Manitoba Hydro must double or triple its generating capacity over the next two decades in order to meet industrial and consumer demand for electricity produced without burning fossil fuels.

Those officials said 18 potential new customers with high energy needs were looking at setting up…

READ MORE
German Chancellor Olaf Scholz

Germany extends nuclear power amid energy crisis

READ MORE

alberta-advances-electricity-plans-with-rate-of-last-resort

Alberta Advances Electricity Plans with Rate of Last Resort

READ MORE

coal plant

18% of electricity generated in Canada in 2019 came from fossil fuels

READ MORE

B.C. Challenges Alberta's Electricity Export Restrictions

B.C. Challenges Alberta's Electricity Export Restrictions

READ MORE