MAKE 2017 MORE PROFITABLE

MAKE 2017 MORE PROFITABLE

“If you dream of a more profitable business in 2017, then our Lean Programme is for you” opens Peggy McGlynn, Business Advisor at the Local Enterprise Office Louth.

“Lean” is an internationally recognised process to improve business efficiency. It helps businesses to do things quicker, better and cheaper. It is especially important for older companies who can benefit hugely from stopping to scrutinise how their business operates. By evaluating current systems, examining new methods and systems and selecting the right ones to introduce, companies can become more efficient and profitable.

Peggy continued “Lean allows business to use the resources they have more productively and thereby reduce costs, improve efficiency and ultimately increase profitability. There’s a common misconception that Lean is a technique for manufacturing industries but it is suitable for all sectors of business including service industries. It is ideal for companies that are more than 5 years in operation but probably most effective for companies established more than 10 years.”

The Local Enterprise Office Louth is hosting a free information seminar on Lean and business owners are invited to attend. It takes place on Thursday 1st December from 10.00am-12.00noon at the Nuremore Hotel, Carrickmacross. Talk to Peggy today on 042 9324157 or email peggy.mcglynn@leo.louthcoco.ie to register for this seminar.

Peggy concluded “Taking part in this programme is a real opportunity to improve your business operations. Join us for the information seminar to find out more and make 2017 the year that your business becomes more efficient and profitable.”

Slide decks from 'LEAN' Business Information Session

Contact LEO Louth to discuss further.

Local Enterprise Office Louth - Lean Business Programme 


Lean tools and techniques are helping companies across the globe to address competitiveness issues within their businesses, building the capability of their people to identify issues and improve their operations. Lean is about being effective and efficient - doing things quicker, better, cheaper…together. Lean strives to stamp out waste and to continually improve.

The Local Enterprise Office Louth recognises these very substantial improvements in productivity and profitability that can result from the application of lean principles and aims to support owner/managers in effectively embracing lean methodologies in their businesses.
In 2014 an independent review found that Irish businesses engaged in lean business programmes recorded significant gains:

  • Productivity up 20%
  • Sales up 40%
  • Delivery adherence up 43%
  • Product & Service quality up 30%
  • Employment up 11%

Programme Objectives

On successful completion of the Lean Business Programme, participants will have the knowledge and skills to enable them undertake small lean projects resulting in continuous cost reduction improvements in their businesses. The programme will help to:

  • Identify issues and potential improvement areas
  • Provide support to implement
  • Achieve savings and improvements in capability and capacity to deliver

Programme Content

The Lean Business Programme will involve up to 5.5 full days that will introduce business owner / managers to Lean concepts and enable companies to undertake a Lean assignment in their business under the guidance and support of a qualified Lean mentor. The in-company assignment will be a cost reduction project and will typically be delivered over 8 to 12 weeks. After a suitable in-company project has been identified, a diagnosis of current practice and performance and key performance indicators will be established to achieve targeted business improvement measures based on a set of Lean tools and methodologies tailored to suit each client’s situation. A Lean mentor will be available for up to 5.5 full days, with in-company visits to each business scheduled depending on each situation.

Aimed at

The Lean Business Programme is aimed at owner / managers and key staff members of small businesses who wish to gain and introduction to lean concepts and allow them to gain a practical understanding of lean principles by undertaking a focused assignment with expert mentoring support. The programme will be available to a limited number of Louth businesses commencing in Quarter 1, 2017 and finishing during Quarter 2, 2017. Participating businesses will be encouraged to have 2 people attend the workshop if appropriate.

Programme Duration

The programme begins in early 2017 with mentoring support to undertake an in-company lean assignment that will be completed by June 2017.

Cost

The Lean for Business Programme is very heavily subsidised and the business contribution is €750.

You can register by paying online at https://www.localenterprise.ie/Louth/Training-Events/Online-Bookings/. Alternatively, if you wish to pay by instalments please ring us (asking to speak to a member of the Local Enterprise team) on 1890 202 303.

Further Information

For further information please contact Peggy on 042 932 4157  or email: peggy.mcglynn@leo.louthcoco.ie

 

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