New Year’s Resolutions for Business

New Year’s Resolutions for Business What are they and could they work for you? For many of us, New Year is generally a time of hope. We look back at past challenges we’ve overcome and look forward to new beginnings. People often fall into one of two camps when it comes to New Year’s resolutions, the “New Year New Me” or the alternative, “Embrace Who You Are Now.” But what about when it comes to businesses? Do New Year’s resolutions have a place in industry? The answer itself is entirely down to you. Are you happy with where your business is and where it’s going, or could things be better? If you’ve already optimised your business, then you can probably skip the rest of this blog. If not, then read on and see if any of these resolutions might be right for you. Picking the right resolution for your business is key to achieving it. But what resolutions are right for your business? Get Lean – No we aren’t talking about the latest fad diet, but rather lean manufacturing principles that have revolutionised the way many manufacturers work. The concept originates from the Toyota Production System, identifying the common business wastes created through waiting, transport, motion, inventory, defects, over-processing, over production and skills deficit. If you are not sure where to start, check out our lean manufacturing guide to see how we might be able to help you. Get Clean – If space is a bit tight, then have you thought about traverse wound coils which can hold up to ten times more material when compared to single “pancake” form coil. In fact, our business motto is “your material your way,” and with extensive processing capability for both precision strip and wire, your material can be delivered in optimal sizes without excessive packaging. Quit or rather Outsource – in all aspects of life, time is often at a premium. If your production lines are overwhelmed with increasing demands, then quit struggling and consider having your material delivered machine ready. Though we are well known for being one of the largest independent precision metal suppliers in Europe, did you also know that we are one of the largest processors as well? With extensive production capacity, including Slitting, Shearing, Cut to Length, Edge Dressing for Strip, as well as Braiding, Stranding Bunching, Cut to Length, Cleaning and Polishing for wire, you won’t be disappointed. Don’t buy your material from us yet? Even though we are sure we offer the most competitive pricing, we still process customers’ own material, offering you the ultimate flexibility. Save – Saving money is always going to be a popular resolution, especially after expensive winter months and manufacturing downtimes. And while this resolution might align with your business goals, it’s a resolution that is easily abandoned if it’s not specific enough. Success is achievable though, by making your cost cutting specific to your business needs. Great ways to cut costs can start with following lean manufacturing principles mentioned above, securing materials early to avoid market fluctuations, even revaluating your exact material needs. Either way, if it’s precision strip or wire you need, then let us offer you a competitive quote today. Give Back – Successful businesses are built on partnerships, integrity, and communication. The unprecedented challenges over the last few years have made us all appreciate the cooperation and support both given and received to turn challenges into triumphs. Through adapting to new ways of working and continuing to provide constructive feedback, partnerships can continue to grow and flourish, even under the toughest conditions. Whatever resolutions you decide to make for your business, all of the Knight Group Team wish you a Happy 2022!