
Speed to Market
Reviewed by Kathy Molloy, Editor, Designers Forum
A Publication of the Association for the Management of Organization Design

Speed to Market by Vincent Bozzone is one of
those books that is dumbfounding in its practicality. It makes you wonder why more how-to
books arent written this way.
Speed to Market Speed to Market is a refreshing and unique book on
"how to cut lead time and increase profits in job shops and custom manufacturing
environments." Not only is this one of the few books available on this heretofore
ignored topic, it is written as a step-by-step manual for designing and running a
profitable job shop, incorporating detailed structure and process elements as they relate
to the bottom-line. Actual client studies help make this book even more pragmatic. Once
you read this book, you realize that Vince Bozzone really is a rare expert in job shops
and process improvement design. Speed to Market is a refreshing and unique book on
"how to cut lead time and increase profits in job shops and custom manufacturing
environments." Not only is this one of the few books available on this heretofore
ignored topic, it is written as a step-by-step manual for designing and running a
profitable job shop, incorporating detailed structure and process elements as they relate
to the bottom-line. Actual client studies help make this book even more pragmatic. Once
you read this book, you realize that Vince Bozzone really is a rare expert in job shops
and process improvement design. Speed to Market is a refreshing and unique book on
"how to cut lead time and increase profits in job shops and custom manufacturing
environments." Not only is this one of the few books available on this heretofore
ignored topic, it is written as a step-by-step manual for designing and running a
profitable job shop, incorporating detailed structure and process elements as they relate
to the bottom-line. Actual client studies help make this book even more pragmatic. Once
you read this book, you realize that Vince Bozzone really is a rare expert in job shops
and process improvement design. is a refreshing and unique book on
"how to cut lead time and increase profits in job shops and custom manufacturing
environments." Not only is this one of the few books available on this heretofore
ignored topic, it is written as a step-by-step manual for designing and running a
profitable job shop, incorporating detailed structure and process elements as they relate
to the bottom-line. Actual client studies help make this book even more pragmatic.
Once
you read this book, you realize that Vince Bozzone really is a rare expert in job shops
and process improvement design.
To fully appreciate this book, we need to understand
what "job shops" are and the role they play in our economy. A job shop is
a kind of custom manufacturing business that specializes in a "make-to-order"
product, usually for other manufacturers rather than directly for the consumer. Job shops
make almost every kind of product, ranging from plastic injected molded parts to clothing.
While there are many different types of job shops, they
share a few characteristics other than those mentioned above:
- Produce on an order-by-order basis
- Secure work through a bidding process
- Are highly specialized.
In Speed to Market, job shops are defined as
"service companies" that also manufacture. The author tells us that those job
shops that understand this concept will be in a better position to use speed as a
competitive advantage. Job shops have seen a strong resurgence in the US manufacturing
economy as more and more major manufacturers cut inventory and outsource in order to
optimize their own business processes. They make the work of the larger manufacturers
possible.
Most job shops tend to be small businesses 50
people or less- with annual revenues of less than $10,000,000. Since most manufacturers
must maintain lean inventories, the most critical success factor for job shops, once
quality is competitive, is speed to market. Many do not have the resources and expertise
to meet these demands, and will likely fold. For the same reasons, there is very little
written about them since they usually cant afford to spend money or time on
consultants.
Vince Bozzone has written this book specifically for the
owners of job jobs and bases it on the following proposition "
an organized
company-wide approach for reducing lead time is the single most effective strategy you can
follow to strengthen your companys competitive position, improve profits, and secure
the future of your business." (Authors introduction). In so doing, the author
looks at the entire business process, not only the manufacturing component, identifying
efficiency and effectiveness opportunities in administration, supply acquisition,
manufacturing, and distribution that may not be apparent to small and medium-sized
business owners.
The first chapter is a discussion of "horizontal
management" and the importance of the process revolution that has changed
business practices world-wide. Of course, Vince is referring to management of processes
across functions and lines, derived from intense focus on the customer shepherded in by
the Quality Movement. He describes the major processes of custom manufacturing as being:
sales, estimating, bidding, order-entry, materials management, engineering, production
scheduling, production, shipping and billing. He walks us through these processes,
addressing each in a similar fashion. He analyzes the process component (e.g. estimating
and bidding), describes its sub-components, and provides a flowchart showing us how we can
cut lead time in each process area. He frequently clusters components that can be
addressed with the same tools and analysis.
Each chapter in Speed to Market has a similar
structure, starting with a description of the process component under discussion, common
lead-time problems in each area, actions that can be taken, wrapped up by key points for
managing that process component. A particularly useful process analysis occurs in the
Estimating and Bidding Chapter, where he covers sales and administration along with
estimating and bidding. In the chapter most focused on structure, (chapter 4 Tools
for the Shop Floor), he address both simple and complex manufacturing processes with case
examples.
Once the author has completed his walk-through of each
business process, he highlights the importance of management information, particularly the
ability to compare actual costs against the estimates for each order. He provides us with
ways to measure productivity in a way that is simple and accessible to everyone. In
particular, he includes tools and methods for optimizing cash flow, another thing that
sets Speed to Market apart from other process improvement how-to books. One nifty
tool is something called the "Weekly Management Report"- a one-page overview of
the critical measures for each job shop process component. He recommends that this be used
as a basis for organization-level and team-level performance management, reminding us that
productivity involves people, not just process.
The last chapter of the book gets us to a case study of
a real client, described here under the fictional name of Integrated Fabrication
Technology, Inc. While this chapter is a bit of an advertisement for the authors
workshop, it shows how profit improvement is reflected in a companys income
statement. The four Appendices are loaded with information and provide full descriptions
of each tool and its application.
Bottom-line, this book is not for theorists. Rather, it
assumes theory and takes practice down to its most usable level. It is loaded with useful
information on every page, getting us into the day-to-day work of the job shop business.
And, its not just for job-shop owners. Larger companies would find it profitable to
distribute this book to their job shop suppliers as one strategy for strengthening their
supplier base and improving their own performance. Those of us who do organization design
and process improvement will find this book quite useful for its ideas and its tools.
Its easy to read and straightforward, very different from other popular books on
organization design.
What didnt I like about Speed to Market? While
I would have appreciated more theoretical context, the primary market for this book- job
shop owners and managers probably would not. However, Vince might have included
more information about how job shops can be most effectively structured, in
addition to improving process, as a way to cut lead time. How do job shop structures
differ, and why? Are there optimal structures and staffing models for such businesses?
Does it matter, or does process matter most? While he touches on structure in one chapter,
he does not address it head-on. Answers to these questions could help many of us address
the design needs of other manufacturers, service and knowledge organizations. This is a
small omission, considering the value provided by Speed to Market for job shop
owners and managers.
Order
Here


|