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Knowledge Based Management

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Presentation on theme: "Knowledge Based Management"— Presentation transcript:

1 Knowledge Based Management
Our journey from confusion to clarity Vince & Matt Thompson Owners Semco Carbon

2 Our Problem Existing Systems Limited Growth
Lack of Systems Limited Growth Limited Knowledge Sharing No Centralized Database Owner Apathy Inefficiency Work Duplication Employee Frustration

3 Status Quo Since 1971 Multiple Databases Quotations
Limited User Access No Data Sharing Quotations No Standard Template Drawings /Technical Information Missing Accounting Software No Inventory Tracking No Cost Accounting No WIP Manual Timesheets No Job Cost Reports

4 But, we were fast! Customers Expected We Delivered Quick Quotations
Cheap Prices Fast Delivery No Accountability We Delivered Quick Estimations Customer Friendly Prices

5 Until, we were slow.. We Received We Produced Poor Drawings
Incomplete Information Pressure to Deliver We Produced Inefficiency Excess Scrap No Data /Metrics Lower Margins Employee Frustration

6 It only took 3 decades to change..
Needed a Centralized Database Job Estimation/Quotations Documents Accounting Functions Inventory Project Data Instant Job Status Contact List Audit Trail/Accountability

7 We need more, more, more, data!
Job Shop Estimation Software Easy Quick Fix Incomplete Solution Enterprise Resource Planning Software Integrated Key Functions Compete Data Capture Complete Solution

8 Enterprise Resource Planning to the rescue!
Instant Answers For All Users Job Status Project Data, BOM, Drawings, Scrap Rate Employee Attendance Job Cost Reports Remote Access Audit Trail Inventory WIP

9 Well, now we have the time…
A Slow Economy in 2009 Provided New Company Ownership Time to Buy Time to Train Time to Implement Capital Expenditures ERP Software SQL Operating System New Servers Shop Workstations Barcode Scanners

10 All in one for Key Users

11 Materials, Documents, and Processes

12 Clear Instructions, with Barcode Data Capture

13 Priceless

14 Information Lite for Shop Users.

15 Spend money to make money!
Total Investment Hardware $ 7,025.41 Software $43, ( ) Training $19, ( ) Total $69,650.26

16 Results! Increased Sales ≈ 450% over 2 years Increased Staff Only 60%
Increased Margin Increased EBITDA Reduced Employee Frustration Reduced Customer Frustration Reduced Reliance on Key Employees

17 Knowledge is Margin! Sales Growth %
December 2009: 12 Active employees X December 2010: 16 Active Employees 1.65X 165% December 2011: 20 Active Employees 4.52X 452%

18 Knowledge Based Management
Our journey from confusion to clarity Vince & Matt Thompson Owners Semco Carbon


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