| Are you Prepared to Hunker Down? Insights and Strategies for Manufacturing Challenges |
To take your company to the next level, explains Lori Harbour in this month’s love letter, you need to consider how to address each area of the Transformation Wheel—Vision/Strategy; Operational Excellence; Talent Strategy; Technology Roadmap; Commercial Strategy & Process; and Leadership Sustainability.
“Leaders need to be edgy,” she writes. “They need to be accountable. They need to drive improvement and ask for help before it is too late.” |
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| Put Your Company at a Competitive Advantage |
| Position your company as an industry leader when you utilize PMA resources—ITR Econ Trends reports, trade publications, One Voice and FABTECH trade shows. A PMA membership will provide your company and all of its employees with a range of valuable industry resources that are designed to help you become more connected, more informed, more efficient, more competitive and ultimately more profitable. |
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| NEW: MetalForming Minute |
These short, monthly videos will describe the latest news from MetalForming magazine. Among this edition’s highlights: - Circulation has increased and been significantly enhanced since purchasing STAMPING Journal
- Former SJ editor Kate Bachman joins the MetalForming editorial team
- Hot Stamping Experience/Conference and Tech Tour Sold Out
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| Women of Excellence Qualifications a Handbook for Stellar Staff |
“It was not so long ago that the only place I didn’t have to wait in line for the women’s bathroom was a manufacturing trade show or event. Times have changed.”
So notes MetalForming contributing editor Kate Bachman,
commenting on the expanding roles that women are taking on in
manufacturing facilities. Bachman, reporting on the recently released
list of women recognized in MetalForming magazine’s Women of Excellence in Metal Forming and Fabricating program, describes some striking similarities in the nominators’ appreciative applications: willingness to help wherever needed; initiative; profound knowhow and capabilities; dependability; and compassion for others. |
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| Geopolitical Risk and Industrial Policy Drive Reshoring and FDI Announcements |
Reshoring
and foreign direct investment (FDI) job announcements continued their
record-breaking run during the first half of 2023, according to a report
from the Reshoring Initiative.
“We expect to see upwards of 300,000 jobs announced by year-end. EV battery and chip investments along with other essential product industries supported by Bidenomics account for the bulk of the announcements,” the report notes. |
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| Turning Economic Adversity into Business Opportunity: A Guide for SMBs |
“Waiting for sales to come organically, you miss the chance to capitalize on opportunities that may be hidden beneath the surface. Many potential customers may still have needs and are actively seeking solutions, even in a down economy.”
Words of wisdom from FocusCFO's Jeff Semple, who offers here five strategies for active sales growth in a down economy. |
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| Destiny of Manufacturing Podcast Welcomes Drew Crowe, Founder of the New American Manufacturing Renaissance Tour |
Drew’s passion is to energize American manufacturing by exposing youth as well as community and political leaders, especially those in underserved communities, to career opportunities in the manufacturing industry. To that end, in 2022 he embarked on the American Manufacturing Renaissance Tour across the country. His mission: to teach children that race and background should not hold you back when it's time to take care of a family of your own.
“There's a career in manufacturing that not only pays well but gives you that extra security at home and one more thing to be proud of when you close your eyes at night,” he says |
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Management