rvs or prosthetics: which is high-tech?
DESCRIPTION
A presentation at the Elkhart County Historical Society's monthly speaking series about what innovation is.TRANSCRIPT
RV’S OR PROSTHETICS: WHICH IS HIGH-TECH?ERIC KANAGY, CEO REDPOST, INC. [email protected]
High Tech = Innovative
ELECTRONICS MANUFACTURING PLANTCHINA
DOMETIC AWNING MANUFACTURING PLANTLAGRANGE, INDIANA, U.S.A.
PRE-TEST: WHICH IS INNOVATIVE?
HINT:
INNOVATION =PROCESS
ELKHART COUNTY: A RICH HISTORY OF INNOVATION1933 CHICAGO WORLD’S FAIR - CHANGED THE COUNTY FOREVER
DOMETIC Before:
build to stock, stored & handled inventory
70% on time delivery (and lower)
customers were not getting what they were promised
7 Years Ago:
initiated build-to-order push
invested in new technology to manage order flow & scheduling
“Just like Burger King–they don’t put a burger on the grill until it’s ordered.”
After:
99% on time delivery
changed customer expectations
lower labor costs–no inventory
have between 80-90% of the awning market producing over 300k awnings/yr
PATENTS ARE PRODUCTS OF INNOVATIONMUST BE NOVEL
ELKHART COUNTY is aPATENT POWERHOUSE
1976-1995INDIANAPOLIS
ELKHARTFT. WAYNEKOKOMO
COLUMBUS
1996-2006INDIANAPOLIS
ELKHARTWARSAW
BATESVILLECOLUMBUS
County Patents ʻ96-ʼ06Marion (Indianapolis) 3,531
Elkhart 644Kosciusko (Warsaw) 622
Ripley 461Bartholomew (Columbus) 453Tippecanoe (Lafayette) 429
Allen (Ft. Wayne) 350Howard (Kokomo) 279
Monroe (Bloomington) 235Hamilton (Indianapolis) 138
St. Joseph (South Bend) 127
FINAL EXAM: WHICH IS INNOVATIVE?
BOTH! ANDNEITHER!
FINAL EXAM: WHICH IS INNOVATIVE?
BOTH! ANDNEITHER!
CREATIVE PEOPLE INNOVATETHE FUTURE OF ELKHART COUNTY IS BRIGHT
