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Better Cash Position
Board of Director's
Plans to transfer products from prototype lines to full manufacturing or from domestic manufacturing facilities to off-shore facilities. The steps in the transfer are:
· Leaders and personnel
à What are the benefits to the company resulting from the transfer? What are the benefits to the employees resulting from the transfer? Are the benefits real and demonstratable? What is the history of transfer in the past?
à Who are the key individuals and leader on each the “sending” side and the “receiving” side? What are the motivators and demotivators of the sending and receiving personnel?
à What are the critical pieces of equipment to be transferred? What are the shipment methods and time frames for packing, shipping, and setting up the equipment
à What are the minimum requirements for equipment/process operators?
à Are all of the process steps documented? If not, what is the plan to complete the documentation?
à What are the hiring and training plans for the receiving site?
à What are the qualification requirements to ensure that the technology has been transferred correctly?
à What are the customer notification requirements?
à What are the customer qualification requirements?
· Transfer plan
à Formulate the plan including transferring equipment, hiring and training personnel, notifying customers, conducting qualifications
à Review the plan with all involved, modify
à Identify critical milestones
à Identify risks and mitigation actions
· Execute plan
· Review and update risks and risk actions
· Conduct regular team review meetings, discuss problems, update plan
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