Marine Fabricator July/August 2021 - 45

4. Do less
Limit the amount of work in progress
to focus on the most profi table and
enjoyable jobs and customers. " When
you're juggling too many jobs at one
time, you waste a lot of time jumping
back and forth between them, "
says Torey Heinz, founder of Teagles
Consulting, a Zeeland, Mich.-based
fi rm that works with marine canvas
shops to increase throughput. One
easy way to fi gure out where to focus
is to make a list of projects/customers
and rank them by revenue (or
profi t, see step 3) and what Heinz
calls the " level of joy " they bring-
how easy they are to work with.
This process can clarify what types
of business segments and jobs a shop
excels at and should pursue. Limiting
the number of jobs in progress will
ensure that the jobs a company does
take on are completed effi ciently.
" If you have 10 jobs in the pipeline
at a time, it might take 10 weeks to
complete all of them, versus focusing
on one job at a time, where each job
only takes a week, " he says. " It still
takes 10 weeks, but you're delivering
a completed job every week, getting
paid sooner, and the customer is much
happier with the quick turnaround. "
5. Educate and
empower employees
A common issue for marine fabricators
is the double-edged sword of high
employee turnover and what's
sometimes referred to as " tribal
knowledge " -expertise gained from
years on the job. Employees who
have it often guard the information,
believing it creates job security and
makes them more valuable to the
business. However, the practice can
negatively affect productivity and
workfl ow. When someone goes on
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Marine Fabricator July/August 2021

Table of Contents for the Digital Edition of Marine Fabricator July/August 2021

Marine Fabricator July/August 2021 - Cover1
Marine Fabricator July/August 2021 - Cover2
Marine Fabricator July/August 2021 - 1
Marine Fabricator July/August 2021 - 2
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Marine Fabricator July/August 2021 - Cover3
Marine Fabricator July/August 2021 - Cover4
Marine Fabricator July/August 2021 - Expo Attendee Brochure 1
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