Part 1: The Curious Case of Making P’s & Q’s. Introduction to how your fabrication shop makes money. What’s a good product margin per job?
Part 2: How Your Fabrication Shop Makes Money. Should we sell P’s in the neighboring city, or Q’s here? He breaks down the math so that you can identify your own opportunities in your market, as well as neighboring markets. Which will you choose?
Part 3: Making Improvements in Your Shop. There are opportunities for improvement everywhere we look. How do we hone in on what ACTUALLY makes a difference? Rick shows us how.
Part 4: In this example, we decide to go out and purchase new equipment for processing station B, since that is our constraint, to see how much more profit we can make if we increase capacity at our constraint.
