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The Manufacturers' Network

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Mar 24, 2025 • 42min

Mavens of Manufacturing: Inspiring Future Industry Professionals with Meaghan Ziemba

In this episode of The Manufacturers Network Podcast, host Lisa Ryan sits down with Meaghan Ziemba, an industrial tech writer, brand storyteller, and the dynamic force behind Mavens of Manufacturing. With a BA and MA in professional and technical writing, Meaghan shares her journey into the manufacturing industry and her passion for empowering women within this sector.Key Themes:Journey into Manufacturing:Meaghan Ziemba discusses her unconventional path into the manufacturing sector, highlighted by her early challenges with college education and discovering her niche in professional and technical writing. Her experiences have shaped her career, leading her to become a prominent voice in promoting women in engineering and manufacturing.Mavens of Manufacturing:The inspiration and growth of Mavens of Manufacturing, a live video broadcast, is explored. Meaghan has interviewed over 90 women, from the shop floor to the C-suite, and even original Rosie the Riveters, bringing visibility to women's contributions in the field.Challenges and Opportunities for Women in Manufacturing:Meaghan highlights women's common obstacles, such as a lack of awareness and representation in STEM fields. She emphasizes the need for better education and outreach to young women, parents, and community leaders about the diverse opportunities available in manufacturing.Mentorship and Community Building:The episode delves into the importance of mentorship and its crucial role in retaining women in the sector. Meaghan shares insights from the Men as Allies conference by Women in Manufacturing and discusses how men can effectively support and mentor women in these industries.Innovative Programs and Initiatives:The podcast examines programs promoting diversity and inclusivity, such as robotics teams and SkillsUSA. Meaghan also discusses companies' efforts to create flexible work environments and develop hybrid work models.Future Aspirations:Meaghan reveals her plans to write a book on manufacturing culture, targeting the dream gap and inspiring the younger generation to see manufacturing as a viable career path.Lessons Learned:The significance of diverse representation in manufacturing, and how bringing together varied perspectives can drive innovation.It is important to educate all community stakeholders—including parents and guidance counselors—about the potential careers in manufacturing and engineering.Flexible work schedules and inclusive company cultures can improve employee retention and satisfaction.Fun Facts:Meaghan's first assignment in technical writing was to write instructions for making a peanut butter and jelly sandwich, highlighting how different interpretations can arise from simple tasks.Meaghan's community initiatives have led high school students to visit large trade shows like IMTS to promote young talent, sparking interest in manufacturing careers.Keywords:Women in ManufacturingManufacturing CareersMavens of ManufacturingIndustrial Tech WritingSTEM EducationMentorship in ManufacturingDiversity and InclusionWork-Life Balance in ManufacturingManufacturing InnovationJoin Lisa Ryan and Meaghan Ziemba for an engaging conversation that brings to light the critical role of women in manufacturing and the innovative paths forged in the industry. Don't miss out on valuable insights and actionable advice for enhancing diversity and innovation in manufacturing.
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Mar 17, 2025 • 29min

Transforming Manufacturing Organizations Through Deliberate Creativity with Dr. Amy Climer

In this episode of The Manufacturers Network Podcast, host Lisa Ryan welcomes Dr. Amy Climer, an expert in fostering organizational creativity and innovation. Amy, author of "Deliberate Creative Teams," shares her research-backed strategies to help manufacturing companies enhance their creative processes. Dive into a discussion about incorporating creativity in manufacturing, the role of leadership in innovation, and practical techniques for fostering a creative environment on the shop floor.Key Themes:Defining Creativity in Manufacturing:Amy defines creativity as "novelty that is valuable," emphasizing the importance of fresh, innovative ideas that bring tangible benefits to organizations.Importance of Creativity in Manufacturing:Amy discusses how creativity helps prevent stagnation, encourages innovation, and ensures manufacturers remain competitive in a rapidly changing market landscape.Fostering Creativity:Clear Shared Purpose:Teams need a unified purpose to drive creative efforts towards meaningful goals.Strong Team Dynamics:Effective communication, trust, and balanced conflict are essential for fostering a creative team environment.Creative Process Awareness:Understanding and implementing a creative process, like the Creative Problem Solving methodology, is critical in generating and developing innovative ideas.Lessons Learned from Real-World Examples:Amy shares a manufacturing company case study that improved efficiency and spurred innovation by implementing structured creativity sessions, generating over a thousand ideas.Role of Leadership in Innovation:Leaders set the tone for creativity by role modeling, encouraging idea sharing, and creating a supportive environment for innovative thinking.Implementing Creativity in Structured Environments:Amy offers practical strategies for integrating creativity within daily operations, including regular ideation sessions and structured feedback mechanisms.Fun Facts:The term "Creative Abrasion," mentioned by Amy, originates from Jerry Hirschberg's work at Nissan in the 1980s, highlighting the productive clash of different cultural and creative perspectives.Amy refers to the ingenious use of a 3D printer to maintain an obsolete machine as an example of creativity leading to unexpected problem-solving.Lessons Learned:Deliberate creativity requires an intentional and structured approach to be effectively harnessed within organizations.Encouraging and valuing employee input can lead to significant cost savings and process improvements.Connect with Dr. Amy Climer:Website:climerconsulting.comLinkedIn:Amy Climer on LinkedInBook: "Deliberate Creative Teams, How to Lead for Innovative Results" available on major book platforms.
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Mar 10, 2025 • 32min

Exploring Leadership and Innovation in Manufacturing with Drew Allen

In this episode of The Manufacturers Network Podcast, host Lisa Ryan is joined by Drew Allen, the President and CEO of Grace Technologies. Grace Technologies is renowned for its advancements in electrical safety and predictive maintenance. Under Drew's leadership, it has been recognized as one of Iowa's top workplaces for five consecutive years. Drew shares his rich family legacy of innovation and his experience leading a manufacturing company at the forefront of industrial technology. This episode is brimming with insights into workforce development, leadership strategies, advancements in manufacturing, and the future trends shaping the industry.Key Themes & Lessons Learned:Heritage of Innovation:Drew Allen's family has a storied history in invention and innovation, tracing back to Samuel Morse, inventor of Morse code and the telegraph. This legacy of creativity and enterprise has significantly influenced Drew's career and his approach to leadership at Grace Technologies.Leadership & Workplace Excellence:Grace Technologies' success as a top workplace is rooted in genuine care for employees and a high-performance culture. Drew emphasizes creating an environment where team members feel valued and are encouraged to take the initiative, reflecting the philosophy that happy employees drive company success.Workforce Development & Retention:The importance of selection bias in hiring is highlighted; prioritizing quick action, innovation, and execution. Flexibility, cleanliness, and safety in the workplace are also pivotal in retaining skilled talent in a manufacturing setting.Technological Advancements:Advancements in IIoT (Industrial Internet of Things) and AI are reshaping manufacturing environments. Despite the data influx, many industrial machines still lack adequate monitoring, and Drew sees significant potential in more facilities adopting sensors and analytic systems for operational efficiency.Safety Innovations:There's a shift from reactive safety measures to proactive strategies, including wearable technology to prevent electrical hazards. Designing safety into systems from the start enhances worker safety and symbolizes the company's commitment to employee well-being.Maple Studios & Supporting Startups:Maple Studios, founded by Drew, is dedicated to nurturing industrial startups by providing valuable resources and mentorship, promoting innovation and sustainability in manufacturing.International Insights & Competition:Drawing on his extensive international experience, Drew discusses how countries like China are leveraging automation and rapid iteration cycles, advocating for a quicker adaptation and innovation approach in U.S. manufacturing.Future of Manufacturing:Drew envisions a future driven by digital power control, enhancing efficiency and safety in power distribution systems. This shift and increasing automation pose new opportunities and challenges for the manufacturing sector.Fun Facts:Drew Allen's family legacy includes Samuel Morse, the inventor of Morse code, indicating a longstanding tradition of innovation.Grace Technologies is the only manufacturer in the small business category to be recognized as one of Iowa's top workplaces five years in a row.The company emphasizes a "high-performance team" culture over the "family" analogy to promote excellence and professional growth.Connect with Drew Allen:LinkedIn: Search for Drew Allen, Grace TechnologiesEmail: drewa@gracetechnologies.comListen to the full episode for more insights on how manufacturing leaders like Drew Allen are transforming the industry through innovation and leadership.Keywords: Drew Allen, Grace Technologies, electrical safety, predictive maintenance, manufacturing innovation, workforce development, IIoT, AI in manufacturing, safety innovations, Maple Studios, international manufacturing trends.
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Mar 3, 2025 • 25min

Expand Your Manufacturing Business: Funding Insights with Marshall Lebovitz

Connect with Marshall on LinkedIn: https://www.linkedin.com/in/marshalllebovits/In this episode of The Manufacturers Network Podcast, host Lisa Ryan sits down with industry expert Marshall Lebovitz, President of Asset Based Funding Solutions. Marshall shares his wealth of knowledge gained from 35 years of experience in lending, offering valuable insights into how manufacturers can optimize their working capital.Key Themes & Topics:Understanding Working Capital:Marshall defines working capital as a measure of a company's ability to meet its short-term obligations. He discusses the critical role of efficiently managing receivables and inventory in enhancing enterprise value.Misconceptions in Business Financing:Marshall addresses common misconceptions, emphasizing that options exist beyond traditional bank loans, such as SBA loans and USDA loans, and private credit options, such as asset-based lending.Improving Cash Flow Strategies:Key strategies include managing receivables and inventory regularly, maintaining strong credit and collections protocols, and leveraging real-time inventory reporting systems.Choosing the Right Type of Funding:Marshall lays out important considerations, including the purpose of the funding, the term (short vs. long-term), the company's credit profile, and ownership structure.Common Mistakes in Seeking Financing:Mistakes like delaying the search for funding, focusing only on the cheapest money, and not having accurate financial reports can hinder a company’s access to financing.Building Relationships with Lenders:Even if current needs are met, businesses should maintain open lines with potential new lenders to safeguard against changes in market conditions or lender appetites.Economic Trends and Impacts:With uncertainty in the current economic climate, businesses should be aware of trends in non-bank lending as a viable option amidst tightening bank credit.Case Study: Leveraging Financing for Growth:Marshall shares a success story of a beverage manufacturer that leveraged asset-based financing to grow significantly and diversify its lender base.Practical Steps for Business Owners:Business owners are advised to get their financial house in order, have forward-looking financial models, and thoroughly understand their financial standings.Lessons Learned:Effective cash flow management can propel a business’s growth without diluting ownership.Exploring various financing options provides flexibility and security in challenging economic times.Building strong relationships with multiple lenders can offer strategic advantages.Fun Fact: Marshall playfully attributes his gray and thinning hair to his extensive 35-year career in lending, showcasing his seasoned experience in the industry.Connect with Marshall Lebovitz:LinkedIn:Marshall LebovitzEmail: marshall@funding911.comFor more episodes and insights, visit The Manufacturers Network Podcast and stay tuned for more expert discussions that help manufacturing businesses thrive.
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Feb 24, 2025 • 29min

AI, Security, and IT Solutions for Modern Manufacturing with Jeff Borello

Join host Lisa Ryan as she engages in a fascinating conversation with Jeff Borello, CEO and co-founder of Andromeda Technology Solutions. Jeff, with over thirty years of experience in the IT sector, delves into the journey of transforming Andromeda into a leading managed IT services provider specializing in the manufacturing industry. He shares expert insights on enhancing cybersecurity, overcoming IT challenges, and strategically leveraging IT to propel manufacturing businesses forward.Key Themes:Entrepreneurial Journey and Growth:Jeff shares the story of how he and his co-founders transitioned from working hard at another company to establishing their own IT and networking business from scratch.Emphasis on dedication and persistence in the early stages and the importance of gradual transition from full-time jobs to entrepreneurship.Strategic Pivot to Specialization in Manufacturing:Insights into the decision-making process that led Andromeda to focus specifically on the manufacturing sector.Lessons learned from previously expanding into multiple business areas and then refocusing on core IT services.Cybersecurity and IT Management:The critical importance of implementing robust cybersecurity measures in the manufacturing industry.Strategies for dealing with recurring IT challenges and the significance of addressing root causes to eliminate persistent issues.Workplace Culture and Employee Engagement:Strategies for developing a strong workplace culture that attracts and retains talent.The role of continuous learning and adaptation in leadership and building a high-performing team.The Role of IT as a Strategic Business Partner:Viewing IT investments as strategic advantages rather than mere expenses.Importance of long-term technological planning and finding the right IT partners to enhance manufacturing operations.Lessons Learned:Persistence and adaptability are crucial for entrepreneurial success.Specializing in a specific niche can significantly enhance business growth and customer engagement.Cybersecurity should be a primary consideration in any technological change or adoption.Continuous learning and feedback are essential for building a dynamic and motivated workforce.Effective IT management requires recognizing it as a strategic driver of business growth.Fun Facts:Jeff Borello once shared a table with Jack Stack, an influential figure in business strategy and transparency.Andromeda Technology Solutions has achieved impressive client retention, with technicians having an average tenure of seven years, well above industry norms.Connect with Jeff Borello:LinkedIn:Jeff Borello on LinkedInWebsite:Andromeda Technology SolutionsEmail: jeffb@wenetwork.comTune in to discover how strategic IT management and cybersecurity can elevate your manufacturing operation and secure your data in this ever-evolving digital landscape.
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Feb 17, 2025 • 28min

Revolutionizing Skilled Trades Training with Doug Donovan

In this episode of The Manufacturers Network Podcast, host Lisa Ryan welcomes Doug Donovan, the founder and CEO of Interplay Learning, a pioneering career development platform for skilled trades. The conversation delves deep into the challenges and innovations in skilled trades training, mainly focusing on integrating advanced technologies like simulations and VR to bridge the skills gap and attract a younger, tech-savvy generation.Key Themes:The Origin and Mission of Interplay Learning:Doug Donovan shares the inception story of Interplay Learning, highlighting its focus on leveraging simulation technology to enhance training in the skilled trades. Founded when technology was underutilized in trades education, the company saw an opportunity to implement simulations similar to those used in the military, medical, and aviation industries.Simulation and 3D Learning:The use of 3D simulations delivered on 2D devices is explored as a practical training solution. Although VR forms an exciting training component, most learning occurs via more accessible, everyday devices like laptops and tablets.The Role of VR in Training:The podcast discusses the potential and current limitations of VR in trades training. While VR offers high levels of engagement and retention due to its immersive nature, its current use remains secondary to 2D simulations due to logistical constraints.Addressing the Skills Gap:With many skilled trade jobs projected to go unfilled by 2030, Doug discusses the critical need for digital solutions in training programs to attract younger generations. The conversation emphasizes making these careers appealing by using digital methods to expose potential employees to the possibilities within the trades.Interplay Learning’s Approach to Content Development:Unlike traditional academic pathways, Interplay Learning develops its training materials by working with employers to address practical skills needed immediately in job settings rather than focusing solely on theoretical knowledge.AI and the Future of Personalized Learning:Doug highlights the potential for AI to revolutionize personalized training by rapidly identifying knowledge gaps and tailoring training to individual needs, ultimately enhancing the speed and efficiency of learning.Lessons Learned:Embracing technology is crucial for modernizing training programs in skilled trades, making them more attractive and accessible to younger generations.Companies need to shift their recruiting strategies to digitally engage potential employees, especially as digital solutions continue to prove their effectiveness in training.A blend of traditional and digital training methods, including simulations and VR, is essential to developing comprehensive training programs that enhance practical learning and retention.Fun Facts:Doug cited how traditional fields like welding can benefit immensely from VR training, evidenced by a personal anecdote from Lisa about quickly regaining her welding skills through a VR simulator.Despite VR's sophisticated image, most trades training still predominantly occurs on the more ubiquitous 2D platforms, bridging the gap between high-tech and practicality.Contact Information: To learn more about the innovative training solutions offered by Interplay Learning, visit their website at interplaylearning.com. For direct inquiries, reach out via sales@interplaylearning.com.Doug Donovan provides a clear roadmap for the future of skilled trades training, emphasizing the significant role of digital transformation. Employers and educational institutions alike are encouraged to adopt these new methods to fill the looming skills gap and equip the next generation of tradespeople with the tools they need to succeed. Join us for this engaging discussion and explore how your company can leverage these advancements to thrive in the evolving manufacturing landscape.
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Feb 3, 2025 • 26min

How Humanized AI and Live Chats Drive Sales in Manufacturing with Nelson Bruton

Connect with Nelson on LinkedIn as "Nelson Bruton, manufacturing chats"Visit a unique URL: manufacturingchats.com/themanufacturersnetwork - where you can download an ebook he wrote about this topicOn this episode of The Manufacturers Network Podcast, host Lisa Ryan sat down with Nelson Bruton, President of Manufacturing Chats. With over 20 years of experience, Nelson shared valuable insights into how live chat can revolutionize marketing and sales in the manufacturing sector. Let's delve into some key takeaways and actionable strategies from their conversation.Key TakeawaysThe Evolution and Importance of Live ChatNelson described his journey from being fascinated with the early days of the Internet to founding Manufacturing Chats. His company has honed the value proposition of providing real human interaction through live chat on websites.Live chat isn't just about immediate responses; it’s about creating meaningful customer interactions that foster trust and engagement, something AI bots often struggle with.Acknowledgment and Empathy Make a DifferenceAccording to Nelson, the two critical elements that distinguish human interactions from bots are acknowledgment and empathy. These qualities help foster a more satisfying customer experience, especially in the industrial space where relationships matter.Adoption and Integration of AIWhile the industrial sector shows reluctance toward fully automated solutions, there is an increasing acceptance of AI. Nelson and his team are developing a humanized AI solution that blends initial human interactions with gradually trained AI for a smoother transition and better customer acknowledgment.Content and Storytelling are Key to MarketingManufacturing companies need to communicate their stories using content, particularly video content. This builds their brand and resonates with potential employees and customers who want to connect on a more personal level.The Generational Shift in Tech AdoptionNelson observed that younger generations are more likely to embrace new technologies. Companies integrating these younger workers into their culture will be better positioned to leverage AI and other advanced marketing tools.Actionable StrategiesImplement Live Chat on Your WebsiteIf your website attracts at least 4,000 visitors per month, incorporating a live chat service can help you capture a section of visitors who prefer this mode of communication. Ensure real humans support the system to maintain quality interactions.Train Your Team for Seamless Chat IntegrationWhen introducing live chat, train your team and set clear expectations. Make sure everyone from your sales team to your technical support staff understands how to handle chat transcripts and customer inquiries effectively.Leverage AI StrategicallyCombine AI with human interactions in customer service for a balanced approach. Start with human-operated chats while training AI to take over routine inquiries gradually.Focus on Video Content for MarketingCreate and share videos highlighting your manufacturing processes, showcase success stories, and introduce your team. Humanize your brand and make your content engaging to attract potential customers and employees.Review and Enhance Your Website’s User ExperienceConduct a thorough walkthrough of your website from a user’s perspective. Make sure your contact forms work, phone numbers are correct, and navigation is intuitive. Consider enlisting someone unfamiliar with your site to provide candid feedback.Promote Trade Show ExposureIntroduce young students and potential employees to the manufacturing world by taking them to industry trade shows. This exposure can spark interest and showcase the innovation and opportunities within the sector.Stay Informed About Technological TrendsEncourage continuous learning and skill development within your team. Ensure they are familiar with the latest marketing tools and AI advancements to stay competitive.Implementing live chat and a blended approach to AI can dramatically improve customer interaction in the manufacturing industry. Coupled with a strong focus on content creation and strategic marketing, these steps will ensure your company remains at the forefront of innovation and customer engagement. You can download Nelson's ebook on this topic for more detailed insights from Manufacturing Chats.Stay connected with Lisa Ryan and The Manufacturers Network Podcast for more valuable discussions and industry insights.
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Jan 27, 2025 • 31min

Exploring Modern Marketing Strategies for Manufacturing with Jennelle McGrath

Connect with Jennelle McGrath: https://www.linkedin.com/in/jennellemcgrath/Facebook: https://www.facebook.com/marketveep/LinkedIn: https://www.linkedin.com/company/market-veep/Twitter/X: https://x.com/market_veepInstagram: https://www.instagram.com/market_veep/YouTube: https://www.youtube.com/@FindingBusinessHappyPodcastWebsite: https://www.marketveep.com/In this insightful episode of the Manufacturers Network Podcast, host Lisa Ryan engages in a compelling conversation with Jennelle McGrath, the dynamic leader of Market Veep. Specializing in helping manufacturing companies grow their market share and enhance their sales and marketing efforts, Jennelle shares her rich experience and practical tips for navigating the evolving landscape of manufacturing marketing.Key Themes and Lessons Learned1. Entrepreneurial Journey and Personal GrowthEarly Business Ventures: Jennelle began her entrepreneurial journey at 18, managing a successful company for 15 years.Pivot to Market Veep: After realizing her passion for marketing and business strategy, Jennelle transitioned to consulting and eventually founded Market Veep.Importance of Culture Fit: Jennelle emphasizes the significance of finding the right cultural fit within the team to ensure growth and alignment.2. Culture and LeadershipCreating a Positive Workplace Culture: The realization that Jennelle was the main factor in her earlier frustrations led her to focus on building a strong workplace culture at Market Veep.Patient Hiring Practices: Jennelle advises being cautious and patient in hiring, ensuring the right cultural and personality fit.Transparency and Communication: Encouraging open communication within the team to foster a transparent and collaborative environment.3. Sales and Marketing Trends in ManufacturingImpact of COVID-19: The pandemic forced many manufacturing companies to rethink traditional sales methods like trade shows and door-knocking, leading to a digital transformation.Leadership Involvement: There is a growing trend of organizational leaders taking a more active role in sales and marketing strategies.Embracing TechnologyManufacturers leverage tools like HubSpot for better data integration and customer relationship management (CRM).4. Marketing Strategies and ToolsKnow Your Market: Jennelle recommends comprehensively understanding your existing market before expanding to new audiences.Consistency and Goals: Maintaining a consistent marketing approach with clear goals is pivotal for meaningful engagement.Leveraging CRM Systems: Effective use of CRM systems like HubSpot can streamline processes and improve sales efficiency.Storytelling: Humanizing the brand through storytelling can help manufacturers connect more deeply with their audience.5. Challenges and Misconceptions in MarketingMeasurability and Effectiveness: Addressing the misconception that marketing efforts cannot be measured. Jennelle insists that the right tools and strategies can effectively track and optimize outcomes.Balancing Quantity and Quality: Striking the right balance between generating a high volume of leads and ensuring the quality of those leads.Miscommunications Across Departments: Highlighting the importance of open communication between departments to reduce friction and improve overall performance.6. Future Opportunities and Trade ShowsTrade Shows: Despite the rise in digital marketing, trade shows offer valuable face-to-face interaction. Jennelle discusses innovative ways to blend digital strategies with traditional events.Adaptation Post-Pandemic: The renewed focus on human interactions and the strategic use of trade shows to build lasting professional relationships.Jennelle McGrath’s insights offer valuable lessons for manufacturers navigating the evolving marketing and sales landscape. Jennelle’s experiences and strategies provide a comprehensive roadmap for success, from creating a robust workplace culture to leveraging technology and storytelling.
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Jan 20, 2025 • 31min

Optimizing B2B Marketing Strategies with AI and Fractional CMOs with Katie Smith

Connect with Katie Smith: https://www.linkedin.com/in/katiesmithwildpath/On this episode of the Manufacturers Network Podcast, Lisa dives into the evolving landscape of manufacturing marketing with Katie Smith, founder of "Follow the Wild Path" and seasoned fractional CMO. This episode dissects the intersection of AI technology, CRM systems, and strategic marketing within the manufacturing sector, providing invaluable insights for business leaders and marketing professionals.Show Highlights:1. Importance of Targeted Content in Conferences:Discover howtailored marketing contentcan significantly enhance engagement at industry conferences. Katie emphasizes the role of adaptive strategies that cater to specific audience segments.2. Integration of AI and CRM in Marketing:Explore thecutting-edge integrationof AI with CRM tools to boost customer acquisition and streamline engagement processes. The conversation reveals how these technologies can simplify lead categorization and optimize workflow efficiency.3. Strategic Marketing Insights:Learn how data serves as amap rather than a manipulator, driving marketing strategies focused on conversion rates rather than mere traffic metrics. This approach ensures robust sales pipeline management and improved candidate qualification.4. Balancing Long-term and Short-term Marketing Goals:Katie discusses theunique challengesthat manufacturing companies face, such as budget constraints. She shares actionable tips on identifying low-hanging fruits, implementing strategic reminders, and minimizing decision-making friction.5. Resource Management and Lean Marketing Teams:Gain insights into operatinglean marketing teamseffectively and strategically use external agencies to complement internal efforts.6. Understanding Evolving Consumer Behavior and Trust:Delve into trends such asconsumer skepticismand the growing demand for transparency. Katie highlights the importance of building trust in an era where information is easily accessible, and competition is intense.7. Role and Benefits of a Fractional CMO:Discover the strategic role of afractional Chief Marketing Officeraligning marketing with broader business goals, especially for small to medium-sized manufacturers. Their integration within the company offers flexibility and cost-effectiveness.8. Digital Transformation in Manufacturing Marketing:Analyze how theshift to digital platformsis influencing marketing strategies, underscoring the need for adaptable and customer-focused approaches to stay competitive.9. AI's Role in Creative and Data-Driven Marketing:Understand how AI is not onlystreamlining processesbut also enhancing creativity by reducing biases and freeing up marketers for more strategic tasks. The episode stresses verifying AI-generated content to maintain its human-centric essence.Lessons Learned:Customizing marketing strategies and building customer personas centered on their needs and worries is important.Aligning marketing strategies with long-term business goals for sustainable growth.Leveraging AI and CRM for improved operational efficiency and enhanced customer experiences.Fun Facts:Katie Smith began her career as an outdoor guide, bringing a unique perspective to her marketing strategies.The episode emphasizes the transformational role of marketing—not just as a support function but as a key player in driving innovation and business growth within the manufacturing sector.To explore marketing dynamics in the manufacturing industry in-depth, tune in and learn how to harness AI's potential, manage resources efficiently, and forge authentic connections with your audience. Engage with Katie Smith through her website at followthewildpath.com or connect with her on LinkedIn to explore more exciting opportunities in the sector.Keywords: Manufacturing Marketing, AI in Marketing, CRM Tools, Fractional CMO, Consumer Trust and Transparency, Data-Driven Marketing, Lean Marketing Team, Targeted Content, Digital Transformation, Conversion Rate Optimization.
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Jan 13, 2025 • 25min

The Role of Outsourced Financial Management in Manufacturing Success with Jason Kruger

Connect with Jason KrugerLinkedIn: Jason Kruger at Citrin CoopermanEmail: jkruger@citrincooperman.comWebsite: citrincooperman.comIn this episode of The Manufacturers Network Podcast, host Lisa Ryan sits down with Jason Kruger, a partner at Citrin Cooperman. Jason shares his expertise in empowering manufacturers with real-time financial insights to bolster profitability and streamline operations. The discussion dives deep into financial management, exploring the importance of accurate accounting, cash flow management, and leveraging outsourced financial services. Jason offers invaluable advice on navigating the financial complexities of the manufacturing industry, providing listeners with practical strategies to ensure long-term success.Key Themes and Topics:Importance of Real-Time Financial Insights:Understanding the power of real-time financial data for making informed strategic decisions in manufacturing.Outsourcing Financial Management:Exploring how fractional CFOs and controllers can offer cost-effective, high-level financial expertise without the overheads of a full-time hire.Cash Flow Management:The critical role of managing cash flows, especially in inventory-heavy industries like manufacturing, is to avoid cash shortages.Financial Metrics for Success:Identifying the key financial metrics that manufacturers should focus on to ensure long-term growth and sustainability.Navigating Growth Challenges:How manufacturers can overcome the financial complexities of rapid growth, utilizing systems for accurate inventory tracking and financial reporting.Lessons Learned:Outsourcing as a Strategy:Outsourced financial management can help manufacturers access top-tier financial expertise while managing costs.Communication is Key:Maintaining strong communication channels, especially with remote teams, is crucial for effective collaboration and achieving financial goals.Proactive Cash Management:Keeping a close eye on cash flows and inventory can prevent financial pitfalls and enable businesses to capitalize on growth opportunities.Fun Facts:Jason Kruger started a company during the 2008 financial crisis, which has since evolved into a key division within Citrin Cooperman, demonstrating resilience and adaptability.Host Lisa Ryan compares manufacturing finance to the popular TV show Shark Tank, highlighting the crucial role of understanding financial metrics in pitching to any investor—even a shark!Keywords: Manufacturers Network Podcast, Jason Kruger, financial insights for manufacturers, Citrin Cooperman, real-time financial data, outsourced financial management, cash flow in manufacturing, inventory management, manufacturing finance, financial metrics, fractional CFO, optimizing manufacturing profitability, manufacturing growth challenges, financial reporting systems.Connect with Jason Kruger:LinkedIn: Jason Kruger at Citrin CoopermanEmail: jkruger@citrincooperman.comWebsite: citrincooperman.com#ManufacturersNetworkPodcast #JasonKruger #FinancialInsightsForManufacturers #CitrinCooperman #RealTimeFinancialData #OutsourcedFinancialManagement #CashFlowInManufacturing #InventoryManagement #ManufacturingFinance #FinancialMetrics #FractionalCFO #OptimizingProfitability #GrowthChallenges #FinancialReportingSystems

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