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contact : 877-856-8588 • [email protected]

Interested in searching on case studies that focus on Certification and Compliance, Cost and Efficiency, Growth or Winning Culture? Simply click on the Business Outcomes box above to filter case studies.

It’s a great time to be a manufacturer in Wisconsin and great fun to see the action from the WMEP perspective!

We are seeing companies grow and improving their productivity, putting them in terrific competitive position for the future. Our ability to collaborate and align resources is making us all stronger. The WMEP ability to integrate solutions and resources puts Wisconsin […]

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Color Ink’s sustainability programs boost cost savings

Sussex printing company Color Ink’s sustainability investments are having a direct effect on its bottom line, creating an incentive for manufacturers to go green. The drive toward improved cost savings began in May, when Color Ink management met with a […]

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The Best Time to Plant a Tree

There is an old Chinese proverb that advises, “The best time to plant a tree is 20 years ago. The second best time is now.” The same could be said about diversifying your customer base. The best time to do […]

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It’s a great time to be a manufacturer in Wisconsin!

Happy Manufacturing Month! I hope it’s been a good one for you and your organization. While the rest of the country struggles to find activities for a single Manufacturing Day, we have trouble containing the celebration to a month! It’s […]

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Badger Meter MFG Month

By Rich Rovito, Industry Reporter, WMEP Wanting to expose younger people to careers in manufacturing, Badger Meter opened its doors to a group of excited and curious Racine middle-school students. The tour of Badger Meter’s factory in Mount Pleasant in […]

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Manufacturing Matters.

The above two words form a complete sentence and aptly describe the state of manufacturing in Wisconsin and nationally. Manufacturing does, in fact, matter.  Preaching to the choir, no other sector of business has the multiplier effect on the economy […]

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Manufacturing Month is upon us!

The rest of the country is celebrating National Manufacturing Day on October 3rd; but Wisconsin has way too much manufacturing activity to be contained in just one day! We take the whole month of October to showcase our diversity and […]

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Manufacturing Day and Manufacturing Month are just around the corner and there is still time to get involved!

The State of Wisconsin has declared October 2014 Manufacturing Month. Join Wisconsin in this celebration along with the Wisconsin Department of Workforce Development (DWD), Wisconsin Department of Revenue (DOR), Wisconsin Economic Development Corporation (WEDC), Wisconsin Manufacturing Extension Partnership (WMEP), Wisconsin […]

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A meeting of the MEPS

“How would you like to go to a regional MEP meeting?” asked the WMEP’s CEO Buckley Brinkman as he detoured into my office. “A what?” was the response in my head as I mentally ran through the lists of acronyms I […]

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Are you ready for ISO-9001:2015?

The ISO technical committee responsible for ISO-9001 is currently revising ISO-9001:2008 standard with several significant changes to the requirements that will impact all certified companies. A greater emphasis on risk-based thinking More focus on achieving value for you and your […]

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Featured Sidebar Content

Congratulations to WMEP ExporTech client

Lucigen Genomics Award Acceptance

Lucigen Genomics wins the 2017Wisconsin Governor’s Export Award

Winner of the 2017 Wisconsin Governor’s Export Award!

 

 

A primary role of a top-level manufacturing executive is to protect the value of their enterprise.

Businesses are typically valued with a multiplier of earnings before interest, taxes, depreciation and amortization, commonly known as EBITDA. The multiplier is driven by the industries in which a manufacturing firm operates, its current and past levels of profitability and how well it manages the risks that could affect the future profitability of the business.

But EBITDA and other factors, such as gross profit, are lagging indicators, making it important to look behind the numbers to get a crystal-clear view of the factors that can affect the value of a business.

The Wisconsin Manufacturing Extension Partnership’s proprietary PRA™ (Profit Risk Assessment) defines the factors that drive profitability and valuation for an organization while helping to identify and proactively manage the risks. It also helps a company’s leadership team come to consensus on areas of greatest opportunity and risk while identifying specific actions that can be taken to improve profitability and value.

Best of all, the low-cost, high-value evaluation is quick and easy to complete.

Several external factors can affect an organization’s profitability and value, including how it matches up with its competitors and whether the competitive environment is becoming more intense.

It’s also important to examine the overall health of the market in which the business competes and defining its key players.

Is a business too concentrated? Is there too high of a stake in a single area?

It’s not uncommon for manufacturers to have a single customer account for 30 percent or more of their overall sales. That points to risk, in a big way. Markets can dry up and customers can change directions or shift their loyalties, potentially leaving your business in peril.

Assessing the value of a company’s brand is also crucial, as is determining whether its products are positioned as a commodity.

Looking behind the numbers at internal factors also figures into the equation. Is the leadership team engaged and do employees understand the company’s vision? Productivity and efficiency of manufacturing operations plays a significant role.

We often get so engrossed in the day-to-day aspects of our businesses that we don’t connect all the dots. It sometimes takes an “aha” moment for our vision to become clear.

The WMEP’s PRA™- Profit Risk Assessment tool is highly objective and examines one dimension at a time. We will probe and prod to get the truth about the factors affecting a company’s profitability and value and reach a consensus on a follow-up plan of action.

It’s vitally important to take a look at what drives the crucial numbers for your business.

For more information on how you can benefit from WMEP’s PRA™, contact George Bureau at [email protected] or 920-450-7185.

Feel free to download and share our info-sheets on PRA™ PLUS and PRA™.


Get to know George Bureau, Director of Growth & Certification Services, North Region

“What drew me to the WMEP is its excellent reputation, the opportunity to work with great people and most importantly the vision and commitment to make a real difference in growing Wisconsin manufacturing through a range of consulting services,” – George Bureau