From Jay Timmons, President and CEO, National Association of Manufacturers (NAM), at President’s Council on Jobs and Effectiveness, Regulatory Reform Working Group, June 15, 2011: “In a time of economic recovery where capital is scarce, every dollar diverted from productive use creates additional pressure to reduce labor costs. When the prices of commodities and other…
The difference between current state and baseline data gives the problemsolver rich clues as to probable causes.
In business, and in life, as in sports, it is better to underpromise and overdeliver. Failure to manage expectations can be drag on performance.
The predictions are mixed, but if we were giving the small craft weather advisory summer outlook for precision machining, we’d say mostly sunny, partly cloudy, choppy seas, and increasing headwinds. Mostly sunny. Lets face it compared to the summer of 2009 it’s a great day to be in manufacturing. PMPA’s Business Trends Sales index…
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I was always a believer that we should look first at the system, not the employee, and Both Dr.s Juran and Gryna have made that point effectively throughout their work. If you want to get a look at Job burnout through the lens of “lean” but through the experience of a respected quality veteran, get this free ebook.
Optimistic Bottom Line: U.S. goods and services exports in the first quarter of 2011 are up 14.9% to $505.2 Billion from the $439.6 billion in exports logged in first quarter 2010.
Pessimistic Bottom Line: U.S. Imports of goods and services increased even higher, than exports – 4.9% over this period, to $220.8 billion; Result- U.S. Trade deficit increased by 6.0% since February 2011 to reach $48.2 Billion March 2011.
Imagine what the U.S. Trade Deficit would be if the SME’s hadn’t stepped up in March…
Good news for precision machining companies and those looking for a continued economic recovery.
Paccar Inc. (Manufacturer of Kenworth and Peterbilt trucks, predicted that 2011 will be the best year for commercial truck sales in five years, according to a recent report from Dow Jones Newswire.
The company increased its industry-wide sales forecast for the U.S. and Canada to between 200,000 and 220,000 heavy-duty trucks this year, up from 180,000 to 200,000 vehicles forecast in February.
But tool coatings can play a critical role in assuring successful machining by
Significantly increasing tool life by minimizing wear;
Control built up edge (BUE);
Contol heat build up;
Increase the edge hardness.
SEC Creates Whistleblower Jackpot Provisions Making Corporate Compliance Cultures and Systems Obsolete