Archive for May 2021
It’s Time to Evaluate Your Inventory Practices
There is a good article by Loyd Graff on Machining World.com, “Lean to Excess” in which he discusses the impact of the electronic chip shortage on the auto industry.( https://todaysmachiningworld.com/ford-chip-shortage-lean/ ) He questions running “lean” inventory on supply chain. His point is valid in the current machining and fabrication environment. The current shortages are generally…
Read MoreConfronting the Labor Shortage in Manufacturing
As the rest of the country concerns itself with issues of unemployment, minimum wages, the length of unemployment help, workforce participation rates, quit rates and all the rest there is the manufacturing sector. The vast majority of manufacturers have had those “help wanted” signs hanging on their doors so long they have become overgrown. The…
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