Competitive organizations collaborate to bring free cash management assistance to manufacturers who are struggling with cancelled or postponed orders or having to close their doors. A free webinar along with free follow up consulting has been organized to provide cash management guidance.
Tucson, AZ, United States – May 6, 2020 /MarketersMedia/ —
In the midst of enormously difficult circumstances, people everywhere, from the communities where we live and to those around the world are instinctively and naturally pulling together, carrying out selfless acts, eager to collaborate, to contribute, to care for one another. Dr Lisa Lang and the team at Science of Business is no different. They have organized competing organizations to offer a free Cash Management for Manufacturers webinar along with free one-on-one help implementing.
The response has been clear – this help is NEEDED! So, they had an idea. Could they collaborate with other organizations that support manufacturers and jobs shops to help all the shops that need it? Could everyone pull together?
They have partnered with several manufacturing organizations PMPA, PMA, and FMA to reach the manufacturers who need help managing cash flow. (It’s unusual for these organizations to come together and promote something like this.) They have reached over 150 manufacturers but can help many more.
Manufacturers are facing cancelled or postponed orders, mix changes, or are forced to close. Cash for many is tight and it’s difficult to predict when this will end. Based on the response to the initial cash management webinar, it seems that many shops need easy to understand information and hand holding to understand their cash situation.
Science of Business is offering a free webinar and free one-on-one follow up consulting for those that need it.
Those wanting to partner with Science of Business to help more manufacturers should reach out. Manufacturers needing help, should register for the webinar to get started: https://jobshoppricing.com/cash2020/.
WEBINAR TITLE: Surviving the Cash Crunch; Timely Guidance for Manufacturers
Manufacturers are facing cancelled or postponed orders, mix changes or have been forced to close. Cash for many is tight and it’s difficult to predict when this will end. The key to survival is good understanding of your cash.
• Do you have enough cash to survive the current crisis?
• Will government support be enough to bridge the cap?
• Are your receivables being stretched out?
• How long will your cash last?
• What can you do NOW to preserve cash?
We will cover in simple, clear language how a manufacturer can effectively evaluate their cash flow and alternative courses of action to ensure you come out of this crisis in the best financial shape possible.
We’ll demonstrate how you can effectively evaluate your shop’s cash flow and alternative courses of action, using the concepts of Throughput Accounting and the Thirteen Week Cash Flow Model (TWCF). This is a unique, simpler take on the TWCF so you don’t have to be an accountant.
At the end of the webinar, attendees will be given the opportunity to request help applying the concepts from the webinar to their shop. This help is free, with no obligation and it’s confidential.
Dr Lisa Lang – https://www.velocityschedulingsystem.com/#drlisa
Brad Stillahn – https://jobshoppricing.com/about/#brad
Beau Ganas, CPA – https://jobshoppricing.com/about/#beau
WEBINAR REGISTRATION: https://jobshoppricing.com/cash2020/
About Dr. Lisa Lang:
Dr. Lisa Lang, is considered the foremost expert in the world on applying Theory of Constraints to custom manufacturers. She is a TOCICO Lifetime Achievement Award winner, has been named a “Trendsetter” in the USA Today and a “Manufacturing Champion” in Newsweek for her Velocity Scheduling System and Job Shop Pricing programs along with her work helping highly custom job shops and machine shops to become more productive and more globally competitive. She has appeared in CNBC, CBS, The Wall Street Journal, and Yahoo Finance to name a few. Lisa is the President of the Science of Business, a consulting firm specializing in helping manufacturers to achieve bottom line results. In addition to working for several Fortune 500 companies, owning a manufacturing business, she worked with Dr. Eliyahu Goldratt, father of Theory of Constraints and author of The Goal.
Video URL: https://www.youtube.com/watch?v=uRhMOQRJLKU
Release ID: 88956367