Business and Management
MTES provides a full range of business and management assistance to give your company the edge in competing in today's markets. These encompass such things as broad business assessments and strategic planning facilitation down to specific and narrow topics like improving inventory or accounts receivable turns and developing shop rates. A partial list of assistance areas is given below.
Business Planning
The Small Business Administration has since its inception, said that the two primary reasons for business failure are lack of planning and under-capitalization. While MTES cannot provide funds for your company, it can and has provided invaluable assistance in developing strategic, operational (tactical), marketing and business plans. This service engages the management team in a series of facilitated, in-house sessions leading to the development of the desired outcome and the ability of the management team to continue the process in the future without outside assistance.
Business Assessment
Do you ever wonder how your business compares with others in your industry or of the same size and maturity? Would you like to know what your employees believe are wasteful or non-value added activities or policies that inhibit their performance? Would you like some recommendations to improve the overall company or individual departmental performance? These and other key ingredients are included in an assessment of your company and you will receive a confidential report outlining the findings and recommendations for improvement. Conducted on-site, these assessments are normally free for small to medium sized companies.
New Product Development Assistance
MTES won't design your product, but will assist you in the product development process. Learn how your company's process can include concurrent engineering, design for manufacture/assembly, design to cost and rapid prototyping. Should you need expert opinions or laboratory testing of preliminary designs, we can put you in touch with faculty at state universities and scientists at federal laboratories.
Process Analysis and Design
Whether you are interested in Business Process Re-Engineering for your entire organization, alignment of system implementation goals with overall business objectives or simply want to improve your order entry process, we help our clients with the full spectrum of process analysis and change management.
Cost and Financial Management
Is your financial system giving you the information you need to manage your business (managerial accounting) or does it simply fulfill the needs of your banker and the IRS (financial and tax accounting)? Do you know what your true product or job costs are? Are you interested in reducing your working capital requirements? Do you need to develop a budgeting process? We can help you understand your financial statements, assist you with decreasing your cash operating cycle and get a better handle on your costs.
Quality and Productivity Enhancements
Total Quality Management implementation assistance is available along with the training on several of its principles and techniques (customer focus, total employee involvement, continuous improvement, mistake proofing, measurement and charting, calculating the "cost of quality", management by data, root cause analysis, waste identification and elimination).
Throughput improvement, cycle time reduction, preventive and predictive maintenance implementation, work flow analysis and improvement and increases in inventory accuracy are examples of productivity enhancements that MTES can assist you in achieving.
Links
Best Manufacturing Practices
Source for best practices and related software tools
National Association of Purchasing Management
Source for products, tools and services for the purchasing and supply chain professional
International Business Legal Guides
Guides to doing business in foreign countries, U.S. states and territories
Inc. magazine
Articles and tools for starting and growing a business
APICS
The Educational Society for Resource Management
Job Shop Network
Provides locator services and articles on numerous technical subjects
Manufacturing.net
News, articles and key indicators of industrial production
Mind Harbor Business Links
One of the best lists of links to business and technology resources
The CEO Express
Links to business research, office tools, news and other topics
U.S. Business Advisor
Designed to provide a one-stop access to federal government information, services and transactions
For additional links, see the Useful Links section of this web site.
Contact Us
Please contact Robert Barazotto for more details on how your company can benefit from this assistance.
Home | About | News | Events | Impact | Awards | Staff | Directions | Resources
©2011 Maryland Technology Enterprise Institute, A. James Clark School of Engineering, University of Maryland. All rights reserved.