By H. Alan Rothenbuecher, partner Benesch, Friedlander, Coplan & Aronoff LLP Supply agreements serve as the lifeblood of many manufacturing companies. These agreements outline the terms and conditions controlling the supply of goods and services between various parties. Without this framework, many businesses could not meet the pressing demands of the modern-day … [Read more...] about Five Steps to Better Supply Agreements
2019 Issue 3
Four Key Attributes that Deliver Lead Time Reduction
By Laurie Harbour, president and CEO Harbour Results, Inc. As you know, the manufacturing industry is facing a great deal of uncertainty. From tariff and trade agreements to a (potential) looming recession, many tool and die shops are experiencing challenging times and finding it difficult to see what’s in store for the future. Although these factors are out of a shop … [Read more...] about Four Key Attributes that Deliver Lead Time Reduction
Seven Steps to Turn Employee Potential into Performance
By Brad Wolff, managing partner PeopleMax Imagine coming to work on Monday to discover that the company’s meticulous, rule-following accountant and creative, eccentric marketing person have switched positions. How’s this likely to work out? In truth, some variation of this misalignment is common in most organizations. An employee alignment process puts the right people in the … [Read more...] about Seven Steps to Turn Employee Potential into Performance
United Tool and Mold Keeps the Industry Running
By Brittany Willes, contributing writer The American Mold Builder “Our mission is to keep the plastics industry running,” said United Tool and Mold (UTM) Chief Operating Officer Chad LaMance. “In the world of just-in-time delivery, our main focuses are in keeping our customers’ presses running and preventing lines from going down.” Established in 1995, the Liberty, … [Read more...] about United Tool and Mold Keeps the Industry Running