3-Part Workshop: Innovative Cost Management Approaches to Achieve Improved Profitability of Your Plastics Business

Innovative Cost Management Approaches to Achieve Improved Profitability of Your Plastics Business


Innovative Cost Management Approaches to Achieve Improved Profitability of Your Plastics Business



All workshop days are from 11:00 AM to 1:00 PM EDT.

September 10, 2024
September 11, 2024
September 12, 2024

Registration Information

SPE Premium Member $540
SPE Members $600
Nonmembers $800

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Number of seats are limited to 25!
Reserve your spot today!


A business’ financial profitability comes from price/sales and the cost of the product/service. While this workshop will focus on cost management, you might think this is just another workshop on how to shut down an operation or downsize your workforce to reduce the cost of running the business. However, this is not the case! The cost comes from all the components of the plastics production lifecycle – raw materials to design/R&D to manufacturing to packaging to distribution/shipment. This workshop will demonstrate the use of the product platform concept for manufacturing simplification, innovation in product design/manufacturability, and cycle time reduction methodologies to make a significant impact on the cost of providing plastic products and services.

Target Audience

Business leaders, manufacturing engineers and management, product developers/R&D scientists/engineers, process engineers, financial managers, and product line teams challenged with improved financial performance are just some of those that will get new ideas for managing cost in their plastics business.


Matthew A. Harthcock, Ph.D.
Founder & CEO
Solutions by Harthcock Associates

Dr. Harthcock prior to being the Founder and CEO of Solutions by Harthcock Associates LLC -www.solutionsbyharthcock.com, was Head of Engineering & Quality and a member of the executive leadership team for Schneller LLC a TransDigm Company (aviation). He has also been head of R&D and a member of the executive leadership team for L&L Products (automotive parts supplier), a Technology Manager at GE Plastics/Sabic, and a Research Manager at The Dow Chemical Company.

Dr. Harthcock has over 35 technical publications, patents, articles, and book reviews; edited one book; given numerous technical and leadership presentations; organized and chaired sessions at conferences and his employers; conducted a number of technical and quality workshops. He has received several company or society awards recognizing various aspects of his work and leadership. Dr. Harthcock and the teams he was on were frequently challenged with improved business profitability. Accomplishment examples include:

  • a 400% margin improvement in a $250M business in 18 months,
  • creating alternate new product development approaches for customer’s needs and/or a competitive market (e.g. product platform concept resulting in 5X supply chain simplicity and improved profits for 70% of company sales; novel formulation simplicity and product design to reduce cost by 50%).
  • by conducting many workshops on various processes has improved the efficiency and the effectiveness on average 48% and 32%, respectively.

Currently he is a member of the Missouri State University Department of Chemistry Advisory Board, Missouri State University Foundation Board of Trustees Executive Committee, and is currently Chair of the Society of Plastics Engineer Foundation Board. He is a member of the American Chemical Society, Society of Plastics Engineers (Emeritus), and Society for Automotive Engineers.

He received a Ph.D. degree in physical chemistry from Texas A&M University and a B.S. degree in chemistry from Missouri State University. He is certified by the Total Quality Institute, a Six Sigma Champion/Green Belt, and a Trusted Advisors Network Affiliate.

Why Should You Attend?

If you work in a plastics business and have any level of responsibility for cost management to make your business more profitable, you should sign up for this workshop now to be inspired by the tools presented to improve your cost management in creative ways. That probably means anyone working in a plastics business!

Questions? Contact:

For questions, contact Iván D. López.

This educational program is provided as a service of SPE. The views and opinions expressed on this or any SPE educational program are those of the Speaker(s) and/or the persons appearing with the Speaker(s) and do not necessarily reflect the views and opinions of the Society of Plastics Engineers, Inc. (SPE) or its officials, employees or designees. To comment or to present an opposing or supporting opinion, please contact us at info@4SPE.org.

Refund Policy

Full Refunds, minus a $50 processing fee will be granted until August 11, 2024. No refunds will be granted after August 11, 2024. Registration may be transferred before September 3, 2024. No transfers after September 3, 2024. Please contact customerrelations@4spe.org for assistance in transferring a registration.

Copyright & Permission to Use

SPE may take photographs and audio/video recordings during the event, pre-event meetings and receptions that may include attendees within sessions, networking areas, exhibition areas, and other areas associated with the event both inside and outside of the venue. By registering for this event, all attendees are providing permission for SPE to use this material at its discretion on SPE's websites, marketing materials, and publications. SPE retains ownership of copyright to all photographs and audio/video recording obtained at this event and attendees may request copies of any material in which they are included.

Refund Policy for Events

  1. No discussion among members, volunteers, or staff, which attempts to arrive at any agreement regarding prices, terms or conditions of sale, distribution, volume, territories, or customers;
  2. No activity or communication which might be construed as an attempt to prevent any person or business entity from gaining access to any market or customer for goods or services or any business entity from obtaining services or a supply of goods;
  3. No activity or communication which might be construed as an agreement to refrain from purchasing or using any materials, equipment, services or supplies of or from any supplier; or
  4. No other activity which violates anti-trust or applicable laws aimed at preventing unfair competition.

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