2020년 2월 28일 금요일

Preface : How to run a manufacturing company.


Preface


My most favorite place - Banff
If someone ask me "How can you make profits in the manufacturing company?", I would answer "It is very simple. Just sell the products with higher price and lower the cost.". It's this simple. But of course that's not easy. So how can we make a profit and maintain it? In fact, the answer can be or may be influenced by many factors, such as the situation of a company or the ability of a CEO. All these analyses should be used to find ways to make profits and maintain them. I don't want to find these factors outside of the company like market situation or customers. I will not make any excuses. I will see this from the aspect of the leader. And I implemented, realized and continued the company's profits in a short time. I have been working for a large company and have worked abroad for a long time. Working abroad, I established, built and managed a company as a resident employee. It was the best experience for me. I decided to keep a record of my experience like this way. I posted the first article today.


After establishing a company, full-fledged sales began and when I could turn it into a surplus was my immediate task. There is something I have never conceded in my long career at work. It was the quantity of the sales. When the sales target was set, I tenaciously held it in my whole body. I had to achieve the targeted sales. I couldn't sleep if I thought I couldn't achieve it. All day long I had in mind of achieving the target of sales volume. Then I achieve it.

My most favorite place - Banff
I have worked in the company mainly at a time when the operating rate must always be above 100 percent. If the products go into warehouse then those have to be sold. Sales target was a top priority for me. It looks like there's an error here. A lot of sales wouldn't make profits all the time, nor do they maximize profits. The concept of marginal profit has to be put in, and I don't want to discuss it here. I'll just talk about how I made the profit. I ran a company in a different culture. Many people from the headquarters have experienced the same thing as me. But I don't know what experience they had. Just based on my experience, I would like to record the way I actually managed the company and thus how I built the company solidly with our employees, who are foreigners to me. I hope my experience can be of help to someone, and be of power of living.