By makingchips
How Can Manufacturing Leaders Measure Their Customer Relationships? 408
Whether you’re a small business or a growing enterprise, you need to seek out new customers and build relationships with them while pushing them through your sales pipeline. The reality is that you have to make more sales to grow your business. You need a way to track and measure your progress with potential customers (and current […]
By makingchips
MakingSparks: Why Numbers are Important for Your Manufacturing Business | Mike Payne Part 2, 407
You need to know the “numbers” in your business. Every business owner needs to know that they’re making enough to pay their employees, make and deliver their products, and grow the business. That’s just good business. Non-financial metrics are important, too. A successful business has to focus on quality, safety, customer service, on-time delivery, retention, and even […]
By makingchips
MakingSparks: Oklahoma Meets Indiana – A Manufacturing Chat with Mike Payne Part 1, 406
Mike Payne has spent the last 20+ years deeply entrenched in the M&A process with dozens of companies throughout Oklahoma. Early in his career, he realized he loved the world of manufacturing. He also learned that he enjoyed operating a business. He was just waiting for the right opportunity to unfold. Then it happened: Six years […]
By makingchips
Should You Use a Recruiter to Find Your Next Manufacturing Leader? 405
Are you the type of manufacturing leader who prefers to do everything yourself? You learn and innovate as you go, right? We’ve learned from experience: There is an art and a science to recruiting. I’ve muddled through using LinkedIn Recruiter to make some hires. And while it’s a great tool, it can only do so […]
By makingchips
The Journey from Scan to CAD to Part at Hill Manufacturing, 404
My shop has been restoring a 1959 Ford F10. When we decided to recreate a digital dash for the truck, we decided to ask the LinkedIn world for help. That’s when I met Ira Laughy with rapid3D. Rapid3D exists to solve complex measurement challenges to empower confident decision-making. We scanned the space and current dash […]
By makingchips
Are You Putting Too Much Trust in Your Supply Chain? 403
How important is building relationships and trust with your vendors? When you do have established relationships, are you placing too much trust in them? How do you balance being business savvy and trusting? Mark McCormack is known for saying “All things being equal, people will do business with a friend; all things being unequal, people […]
By makingchips
How Businesses Can Collaborate with Technical Education, 402
What are the benefits of working closely with a local career & technical education center? You can have a huge impact on the local community, education system, and businesses. If you partner with a local technical center, it could have a far-reaching impact—and it just might help you recruit the next generation. Nix Partners with […]
By makingchips
SZN1: Should Women Entrepreneurs Choose the Manufacturing Industry? 401
POV: You’re a woman with an entrepreneurial edge. You want to start a business. Why not consider the manufacturing industry? There are only 6,431 women-owned manufacturing businesses in the United States (representing just 2% of all manufacturing companies). 20% of them are minority-owned. This industry needs a woman’s perspective and expertise. So what does it […]
By makingchips
Lights Out: How to Prioritize Flexibility when You Invest in Automation, 400
POV: You’ve decided to start the process of implementing automation in your machine shop—but it isn’t as easy as flipping a switch. It’s a process that consists of failing forward and learning from every mistake. Tom Schroeder—the Executive Vice President at PBC Linear—joins us in this episode of Lights Out to share how to prioritize […]
