Blog Posts - Page 20
Best practices for avoiding preventable injuries
Identify the hazards, control the hazards, and empower workers to report opportunities for improvement.
Mitigate risk in your business with proper planning
Some of the top risks that can affect a metal manufacturer include supply chain delays, data theft/loss, and brain drain caused by poor succession planning.
3 mistakes to avoid when leasing equipment
All lending in Canada is based on the prime rate, which is the annual interest rate that major banks and financial institutions use to set interest rates for variable loans and lines of credit.
Breaking the cycle of repetitive strain injuries
Although no one really knows when musculoskeletal disorders will develop, workers performing forceful movements are at risk.
All standards are not created equal
With the pace of change in the world today, it can be hard to keep track of industry standards, which are constantly in flux. This article will explain why Canadian welding standards are highly valued nationally and internationally. Take John, for example. John has lived and worked in Minnesota his...
AI brings more intelligence to the manufacturing world
Artificial intelligence (AI) affects adaptive design, quality, robotics usage, and predictive maintenance.
Negotiating 101
This excerpt is from Rantings of a Machine Tool Salesman, a new book on life and life running a machine tool company, from former president and current chairman of Mitsui Seiki USA, Scott Walker.
Understanding sale leasebacks
A sale leaseback is a transaction in which the title of the asset is conveyed, at an agreed upon price, to a financial institution in exchange for a lump-sum cash payment.
Understanding the life (and death) of a business
Businesses are inorganic life forms. While they are not biological, they are born, they live, and they die. How each business travels through these stages determines its success or failure. And like us humans, it tries to push back the third stage for as long as possible. It’s a harsh reminder,...
Women in the trades: still more to be done
With the skilled trades facing critical shortages, it makes sense to encourage women to consider this career option. Companies can play a role in making it happen.
Whose factory of the future is it anyway?
Industry 4.0 and advanced technology will create fundamental changes in the metalworking industry.
Improve your processes with leased software
Leasing manufacturing software frees up cash flow for use elsewhere in the business.
Look ahead by looking back
A popular cliché tells us that those who do not learn from history are doomed to repeat it. This aphorism is attributed to Spanish-American philosopher and author George Santayana who wrote in his five-volume work, The Life of Reason, that “Those who cannot remember the past are condemned to...
Financing turnkeys frees cash flow
Buying machinery and other equipment always is a difficult process financially. This gets even trickier with turnkey setups and the impact financing such a transaction has on a manufacturer’s cash flow. When I started in this industry in the early ’90s, I was working for my family importing...
Separating fact from fiction about clean air
Using an effective extraction system is a small price to pay for the wide-ranging benefits it will bring.
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