Business Strategy
Recession Continues, but It Is Moderating
39.6 Total Mold Business Index for June 2009 The total Mold Business Index is a weighted average of the sub-indices for new orders, production, employees, backlog, exports and supplier deliveries.
Read MoreHow Success Happens
All too often lately, I sense a feeling of entitlement in some areas of manufacturing. I know how that sounds—U.S. manufacturers rightly believe that they’ve been bludgeoned over the past 20 years or so by government trade policies, along with a shifting perception in our culture that a career in manufacturing is in some way less-than-noble/lucrative/rewarding. But there are some SMMs that I speak with who say things are hopeless. They tell me that their industry and government have abandoned them, and there’s nothing they can do about it.
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Cost of Ownership: A Lifetime of Molding Savings
“There’s nothing more expensive than a cheap mold,” has been said by many a tooling engineer after a bargain of a mold began bleeding profits.
Read MoreMoldMaking Expo 2009: Get Organized
Surveys conducted by sister publication, Plastics Technology (www.ptonline.com) as well as MapYourShow (www.mapyourshow.com)—developed in 2005 by Gardner Publications, Inc. to provide state-of-the-art trade show mapping and planning solutions.
Read MoreMRP: Why You Need It and What It Can Do for Your Business
Choosing the right manufacturing resource planning system and ensuring it is implemented correctly will yield great benefits to your shop’s efficiency.
Read MoreGetting out of Survival Mode
Of course, trying economic times like these call for cutting back in certain areas, but smart shops understand that attending industry-specific events.
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Commercial Tool & Die: Innovation And Improvement Are Keys to Success
The company’s two mantras—customer service coupled with continuous improvement—have allowed this mold manufacturer to triumph during trying times while landing them the MoldMaking Technology 2009 Leadtime Leader Award: Large Shop for the second year in a row.
Read MoreDreadful Losses and Rare Opportunities
For the first time in 20 years, qualified and experienced tool and diemakers are available and eager to land a job.
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Evidence Shows Cyclical Bottom Hit
41.3 Total Mold Business Index for May 2009 The total Mold Business Index is a weighted average of the sub-indices for new orders, production, employees, backlog, exports and supplier deliveries.
Read MoreSeven Ways to Strengthen Your Business
Business owners who use their time to improve their business and seize every possible opportunity—rather than wasting it on constant worry-ing—are the ones who will make it through the economic downturn. Play your cards right and you may even come out of these financial hard times with an even more prosperous business than you had before.
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