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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MMT Chats: What Exactly Is a Fractional CFO and How Do I Hire One? Part 2
MMT Editorial Director Christina Fuges discusses exactly how a Fractional Chief Financial Officer (CFO) can empower small business owners to overcome the complexities of financial management.
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MMT Chats: The Hidden Obstacles Holding Your Business Back (and You Don't Even Know It) Part 1
MMT Editorial Director Christina Fuges gets the personal stories of two small to mid-sized manufacturers who discovered how to unleash the hidden potential of their shops and pave the way for financial growth and long-term success.
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The Critical Role of Management Representatives in ISO 9001
In ISO 9001 quality management systems, the Management Representative (MR) plays a crucial role. While the 2015 version of ISO 9001 no longer mandates this position, having a trusted management member serve as an MR remains vital for streamlining operations and maintaining quality standards.
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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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Latest Business Strategy News And Updates
Strategies for Delivering a Qualified Talent Pipeline for Manufacturers
Insights into the importance of talent in maintaining national competitiveness, the impact of global events on the workforce and practical strategies for developing and implementing effective talent plans.
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Collaborative Engineering Drives Quality Mold Solutions
Advanced engineering and tooling teams collaborate to train, design, develop and deliver high-quality, cost-effective molds efficiently, ensuring perfect parts and faster launches.
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Moldmaking Opportunities and Challenges Within the Current Economic Cycle
Report analyzes moldmaking trends, pricing, labor shortages, capital costs, competitiveness strategies and construction spending challenges.
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Think Safety: Eliminate Hazards Throughout the Shop
The tooling community is taking advantage of new products for safer mold shops and molding facilities.
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MMT Chats: Sustainable Workforce Growth with the ATR Framework
Join MoldMaking Technology Editorial Director Christina Fuges as she discovers the benefits of eLearning, including promoting sustainability in moldmaking by reducing travel, minimizing waste and enhancing global workforce accessibility.
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VIDEO: Community, Technology and the Future of Moldmaking: Notes from IMTS
A discussion with AMT’s Bill Herman during ShopTalk on the big stage at IMTS 2024 highlights moldmaking's unique blend of craft and technology that is driving innovation while its community tackles key challenges.
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Featured Posts
7 Things You Need to Know About Nearshore Opportunities
Essential tools and resources to support mold builders in making critical strategic decisions about doing business in Mexico.
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Applications Open for the 2025 SPE Mold Technologies Div. Grant and the Joseph Prischak Student Scholarship
The Society of Plastics Engineers’ Mold Technologies division is accepting applications for a $3,000 student scholarship honoring Joseph Prischak and a $5,000 educational grant program.
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MMT Chats: Solving Schedule and Capacity Challenges With ERP
For this MMT Chat, my guests hail from Omega Tool of Menomonee Falls, Wisconsin, who share their journey with using enterprise resource planning (ERP)—and their people—to solve their schedule and capacity load monitoring challenges.
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The Critical Role of Management Representatives in ISO 9001
In ISO 9001 quality management systems, the Management Representative (MR) plays a crucial role. While the 2015 version of ISO 9001 no longer mandates this position, having a trusted management member serve as an MR remains vital for streamlining operations and maintaining quality standards.
Read More
Making Mentoring Work | MMT Chat Part 2
Three of the TK Mold and Engineering team in Romeo, Michigan join me for Part 2 of this MMT Chat on mentorship by sharing how the AMBA’s Meet a Mentor Program works, lessons learned (and applied) and the way your shop can join this effort.
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How to Empower Your Team with Leadership and Mentoring
What follows is a Q&A with James Jergens, an MMT EAB member and Owner of Ascend Innovative Mold.
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