By Lindsey Munson, editor, The American Mold Builder Gaining traction in the mold industry is the implementation of the Entrepreneurial Operating System (EOS), a system that integrates a set of simple, effective tools and a proven process to produce powerful business results. At the 2023 AMBA Conference, one of the breakout sessions offered to mold manufacturers was … [Read more...] about Operating System Upgrade and Its Impacts
Business Planning
The Big 3 of Tax Increases
By Omar S. Nashashibi, co-founder, The Franklin Partnership, LLC These days, when there is reference to the Big 3 on Capitol Hill, it’s not about the Detroit OEMs. Instead, it’s about lobbying on the Big 3 tax provisions that are having an overwhelming impact on AMBA members: reinstating R&D expensing while eliminating capitalization and amortization requirements, … [Read more...] about The Big 3 of Tax Increases
Q&A: Automated Job Management and Workload Prioritization
Interview by Liz Stevens, writer, The American Mold Builder Controlling the production flow of a tool build throughout a mold shop requires careful scheduling of job tasks, available equipment and labor resources. On a busy shop floor, that schedule easily can be thrown off as higher-priority orders come through, equipment or material delays occur and employee absenteeism … [Read more...] about Q&A: Automated Job Management and Workload Prioritization
Tool Builders Focus on 2023 Priorities
By Maggie Taylor, writer, The American Mold Builder After several unpredictable years, the mold manufacturing industry is primarily reporting positive sentiments as the first quarter of 2023 gets underway. “We’re on very good momentum right now,” said Tammy Barras, president of Westec Plastics Corporation in Livermore, California. “We’ve made a lot of improvements over … [Read more...] about Tool Builders Focus on 2023 Priorities
Employee Benefits: Rising Costs vs. Necessary Incentives
by Maggie Taylor, writer, The American Mold Builder Employers in virtually every industry are struggling to attract and retain high-quality employees. Large and small businesses alike are scrambling to overhaul their wage and benefit structures to remain competitive in a highly volatile employment market. Many companies have found themselves locked in constant competition … [Read more...] about Employee Benefits: Rising Costs vs. Necessary Incentives
Machine Monitoring: Capture Data and Take Action
by Liz Stevens, writer, The American Mold Builder The range of data available from manufacturing machinery is wide, and different data gives insight into different aspects of operations. Fundamentally, there is production data (what the machine did or made, and whether the quality was acceptable or not) and there is condition data (the machine’s state of operational … [Read more...] about Machine Monitoring: Capture Data and Take Action