Manage
Pay for Performance
Transforming moldmaking from a labor-intensive business into a capital-intensive business allows moldmakers to be on similar cost structure to foreign shops and more adaptable for growth than the domestic competition.
Read MoreProfit Sharing to Increase Profitability
Using a very specific model of a profit sharing plan, this article considers the needs of employer, employees and the customer to arrive at a situation where everyone comes out a winner.
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Team Approach Is Key to Proper Inspection
Using a group rather than one person and changing the order of inspection is a win-win for this moldmaker—repeatable results with no rework.
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Global Outlook for Mold Manufacturing
Tool and die/precision machining industry trends are amazingly uniform worldwide. Business is tough almost everywhere, but getting better.
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A Cost Structure Cheese Grater for Businesses
A quick, simple and inexpensive method of computing the indirect costs for pricing, bidding and estimating for small shops.
Read MoreSupply Chain Management:Strategic and Tactical Supply Chain Issues for the Toolmaker
To survive and succeed in today’s global market, the appropriate supply chain management strategy is necessary.
Read MoreWe Are in an Experience Economy
What do Starbucks, Disneyland and Apple Computer have in common? Yes, they are all successful businesses.
Read MoreThe Design Consultant Option to Better Designs and Leadtimes
Tips and guidelines for establishing healthy and profitable relationships with design consultants.
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