Kevin Ledversis with Newcastle Systems startled hosts Lew Weiss and Tim Grady with the percentage for the absenteeism rate in the average manufacturing and distribution plant at 33.4 percent. Coupled with a turnover rate of 3.6%, there is a 37% problem that can lead to big problems on the production line. This directly translates into a significant reduction in productivity and a hit on profitability. Listen to this episode to hear simple, cost-effective solutions to reduce the turnover rate and compensate for absenteeism.
Episode 295: Solving the 37% Absenteeism and Turnover Rate
Mr. Lewis Weiss is Host of Manufacturing Talk Radio and President of All Metals & Forge Group, the principal sponsor of the show. He has 60 years in the metals industry as a manufacturer of open die forgings and seamless rolled rings, running a business that sells forged products globally to OEMs, major manufacturers, mid-size first- and second-tier suppliers, and small metalworking companies. Lewis Weiss puts his experience in manufacturing to good use as an expert consultant on various TV and radio programs nationwide.
Mr. Tim Grady is an Executive Producer and Co-host of Manufacturing Talk Radio. He brings more than 25 years of knowledge as a senior strategist and business advisor to companies of all sizes in more than thirty industries, advising them on revving up revenues, macro and micro marketing, strategic selling, organization optimization, website ergonomics, data mining, and other external or internal factors that can accelerate or impede business operations and net profit.
Kevin Ledversis has over 20 years of experience within the Automatic Identification and Data Capture (AIDC) industry. He has worked for Weber Labeling Solutions, Intermec and Printronix, where he developed solutions for complex labeling applications in a variety of vertical markets such as distribution, manufacturing, healthcare and retail. Many of his past customers are in the top tier of successful companies that continually improve their operations.
Kevin holds a bachelor’s degree from Bryant University and an MBA from the University of Hartford. When he’s not hard at work, Kevin enjoys spending time with his family, traveling, reading and enjoying the great outdoors.