Business Management Strategy
Today’s mold manufacturer needs to be as much a businessman as a craftsman, so it is crucial to pay attention to the management issues facing your shop including—sales & marketing plan, global initiatives/strategies, banking and finance, workforce development and new business opportunities.
ESSENTIAL READING
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How to Improve Your Current Efficiency Rate
An alternative approach to taking on more EDM-intensive work when technology and personnel investment is not an option.
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Mold Design Review: The Complete Checklist
Gerardo (Jerry) Miranda III, former global tooling manager for Oakley sunglasses, reshares his complete mold design checklist, an essential part of the product time and cost-to-market process.
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Mold Maintenance Continues to Matter: Enhanced Training Program in a New Facility
I attended a MoldTrax mold maintenance workshop in 2019 and shared my experiences, and despite changes in ownership, the workshop's remarkable value endures, as discussed in a recent Q&A with the current leadership.
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What Mold Buyers Look for in Mold Builders
A third-generation injection molder believes communication and collaboration are essential for securing the right moldmaker for the job.
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How to Create Custom Grants for Your Moldmaking Business
Don’t just respond to grant solicitations; create ones that meet your mold shop's needs.
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How to Foster Innovation Through a Culture of Education, Mentoring
Dynamic Tool Corp. shares its strategy for building a team with the right attitude and aptitude to deliver innovation that meets customer expectations.
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Latest Business Strategy News And Updates
Tackling a Mold Designer Shortage
Survey findings reveal a shortage of skilled mold designers and engineers in the moldmaking community, calling for intervention through educational programs and exploration of training alternatives while seeking input from those who have addressed the issue successfully.
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The Role of Social Media in Manufacturing
Charles Daniels CFO of Wepco Plastics shares insights on the role of social media in manufacturing, how to improve the “business” side of a small mold shop and continually developing culture.
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How ERP Drives Data-Based Decisions through the Business
Bill Hencak, Technical Sales and Frank Powell, Account Manager for Delta Mold Inc. share three key features/functions of ERP and three tips to successfully implement ERP companywide.
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iWarriors West Coast Golf Event Raises $17,500 for Veterans
The 2024 iWarriors Annual West Coast Golf Outing, hosted by M.R. Mold & Engineering, raised $17,500 for wounded combat veterans despite inclement weather, featuring heartfelt testimonials and gratitude towards sponsors, highlighting the impact of the iWarriors initiative.
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Steps for Determining Better Mold Prices
Improving your mold pricing requires a deeper understanding of your business.
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Embracing ESG: One Mold Builder's Path to Sustainability and Success
The story of how a company in the moldmaking, injection molding and metal parts industry is navigating the challenges and opportunities associated with sustainability.
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Featured Posts
Balancing People, Process and Technology for Program Management Success
Using the expertise of its team members and emphasizing efficiency, this Michigan mold builder's process is designed to function as a highly efficient system.
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Mentorship Matters: A Fresh Perspective from a Young Female Newcomer to a Mature Male-Dominated Industry
Jane Huot, a 23-year-old mold designer and project manager, celebrated her one-year anniversary with Accede Mold & Tool by going on her first business trip to a conference geared for women in plastics and shadowing sales on customer visits.
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MMT Chats: The Science of Moldmaking, Part 2
In Part 2 of this two-part MMT Chat, Christina and Don continue their conversation by exploring lean manufacturing and tips on how to attract, train and retain the future workforce.
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MMT Chats: The Science of Moldmaking, Part 1
MoldMaking Technology Editorial Director Christina Fuges chats with Don Smith, North American Senior Tooling Engineer for Scholle IPN in Northlake, Illinois about the future and science of moldmaking.
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Editorial Advisory Board 2023-2026: Get Reacquainted with MMT EAB Member Marion Wells Owner, Human Asset Management
Marion has been serving on MMT’s editorial advisory board since 2019. Hear what she's been up to lately.
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Certified Quality Management for Plastics Professionals – Materials to Tooling to Recycling
Why is certification of a shop’s quality management system to ISO 9001, AS9100, IATF 16949 or ISO 13485 so special? What does the certification signify? And what supports the paper behind the framed certificate?
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