Scott Theune "Leader in Highlight" - Part 1
Source: https://www.spreaker.com/user/octr/scott-theune-leader-in-highlight-part-1_1 Join Jackie Mattox as she chats with Scottย ...
Chief Quality Officer, Plexus
Search every verified Scott Theune interview, podcast appearance, and on-the-record quote โ each transcript cross-checked by AI and human review to confirm speaker identity. Scott Theune, President of the Americas region for Plexus, discussed the company's operations and his career in a September 2023 podcast. He stated that Plexus provides services including engineering, product development, supply chain, and manufacturing for about 150 strategic customers in healthcare, life sciences, industrial, and aerospace and defense. Theune noted that the company's growth has been organic and that its goal is to reach five billion dollars in revenue by 2025. He described the company's vision as "to help create the products that build a better world." Theune recounted that during the COVID-19 pandemic, Plexus collaborated with an OEM to produce testing machines, ramping to over 2,000 units per week within three months. He said the company focused on employee safety and collaborated with customers on best practices. Theune also mentioned that he entered the electronics industry after his previous company underwent downsizing, and that he now has responsibility for five sites in the U.S. and two in Mexico, overseeing over a billion dollars in revenue.
“I actually started I was working in a different company that was going through some downsizing so I actually surprisingly I reached out to my financial advisor you know looking for companies that were well positioned for growth over the next five to ten years. I wanted to be proactive in my career.”
“Our companies were being used really for surge capacity to one that's now become much higher level partnership which is now branded EMS or electronic Manufacturing Services so there's a real shift in how we were valued by customers.”
“Now have responsibility for five sites in the U.S two sites in Mexico just over a billion dollars in Revenue.”
“Within the healthcare space, when the pandemic occurred an OEM came to us looking for help on producing COVID testing machines because their current provider couldn't scale to what was needed and really ramp effectively. Within three months Plexus was able to ramp to over 2,000 units a week testing machines for COVID t...”
“Our vision which really hasn't changed is to help create the products that build a better world. We want to be the global leader in highly complex products in demanding regulatory environments and we've been able to stay true to that vision for over 40 years.”
“We provide full value stream services including engineering, product development, supply chain, manufacturing, aftermarket services for about 150 strategic customers within healthcare, life sciences, industrial and aerospace and defense industries.”
“Financially, we're really excited as we're delighting our customers we're able to guide our first billion dollar quarter of revenue coming into our end of fiscal year in fiscal 22. Our goals are to reach five billion dollars in revenue and continue to have a strong operating profit and ROSI as we target going out to 20...”
“Our growth has all been organic. We are not a company that goes out and acquires companies to grow. Growing organically gives us a much better opportunity to have common systems for our customers, not confuse our employees on our mission and vision, and set the culture we want through our organization.”
“We have a term internally called an execution dividend. If we can perform for our customers shipping products on time at a competitive price with zero defects, we will grow our business and take share from our competition and open up different markets to them.”
“During COVID, we probably collaborated more with our customers than our competitors. We focused on employee safety and communicated on plant operations, absenteeism, and best practices like screening, masking, and workstation design to protect employees and optimize output for our customers.”
Source: https://www.spreaker.com/user/octr/scott-theune-leader-in-highlight-part-1_1 Join Jackie Mattox as she chats with Scottย ...
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