The greatest lessons shared by the interns related much more to interpersonal skills, communication, teamwork and etiquette than they did to technology.
Columnist, Profit 360, LLC
All components report lower readings after August expansion.
Racial inequality is everyone’s problem and we don’t have to agree on all of the answers in order to get started on some of them.
This economic outlook from ITR Economics includes predictions of how well certain manufacturing sectors will do in the foreseeable future, as well as advice on making investments and using low interest rates to your advantage.
Open houses and tours are techniques leading CNC machine shops use to market their operations to prospective new customers and new hires. It’s also possible to do this digitally like Roush Yates Manufacturing Solutions has, which is helpful in these strange days of social distancing.
Difficult times teach us to create workarounds that are often more efficient than our previous processes. This is true for the parts cleaning industry and the Parts Cleaning Conference committee.
Production and new orders activity bolster Index to best reading since 2019.
The Precision Machining Index registered slowing growth in June with a reading of 50.9. Readings above 50 indicate expanding activity and values below 50 indicate contracting activity.
Chief Economist & Director of Analytics, Gardner Intelligence
Equipment and software that can enable precision CNC machine shops to grow and become more efficient continue to be developed.
Procrastinating to avoid change is always rooted in some form of fear.
Why not leverage an effective shop management system for your sales/marketing advantage in today’s competitive market?
July reading advances 11 points, closing gap with other manufacturing technologies.
Empower your employees to make a lot of little changes and improvements to make their job in your machine shop easier. Small increments of improved efficiency add up quickly.
Applying lean manufacturing concepts, the Flexible Production method can help put a stop to production wastes, specifically for those who use transfer machines or machining centers.
Small to midsize manufacturers have scores of data available to them and can leverage it in much the same way that billion-dollar conglomerates do
Eural has developed free-machining aluminum alloys, including lead-free and tin-free alloys.
Ruthie Johnston exemplifies the type of leadership needed in times of unexpected change.
Index registers higher new orders and production readings, quickening supplier deliveries
Engaging in social media can be an effective way for precision CNC machine shops to get the word out about their capabilities, culture and successes.
Develop your shop into a niche shop and your customers will come. Become an expert in your niche and customers will keep coming back to you.
Life is full of choices. The metalworking industry is no different, and cutting tools are a great example—lots of variations, lots of suppliers. Knowledge is power in the decision making process.
Contributing Editor, Production Machining
Index signals decelerating contraction as all components report improved readings.
Effective machine shop leaders are those who give their team members the tools they need to carry out their duties as efficiently as possible when times are good and when times are bad.
Lessons on Surviving the COVID-19 Crisis from a Navy SEAL
Strong leaders don’t just accommodate change, they embrace it. Strong leaders also don’t merely adjust to the new normal, they create it.
April’s New Orders and Production Activity Collapse as Index Falls to All-Time Low.