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SingaporeMetalforming manufacturing companies expect little change in business conditions during the next three months, according to the March 2018 Precision Metalforming Association (PMA) Business Conditions Report. Prepared monthly, the report is an economic indicator for manufacturing, sampling nearly 125 metalforming companies in North America. The March report shows that 49% of participants forecast an improvement…
Month: March 2018
And how to fix it. Does your inventory give you anxiety? What about purchasing inventory and trying to order the right amount of materials? If you answered “yes” to either of those question, you are not alone. How do you know if you’re doing inventory correctly? Check out the below statements. Below are five statements…
Global Shop Solutions is involved in a number of different partner integrations spanning a number of industries and third-party platforms. Whether it’s the early stages of a new integration or a comprehensive custom package based on a company’s unique wants and needs, we’ve interfaced with virtually every major platform – Salesforce, AutoCAD®, and nesting platforms…
You can’t get jobs done without labor, and you can’t do labor without people. So how do you know if your people are performing as efficiently as possible to save your business the most amount of time and money? Most manufacturers don’t know because they only compare themselves to themselves. It’s time to start comparing…
The key to a high performing business is growing your relationships with your customers and vendors, and nurturing relationships with prospects. If you sell a high quality product, but you have repeatedly missed a shipment deadline, overbooked your calendar, or missed a service request from a customer, it’s time to invest in an ERP system…
Job costing is an essential part of manufacturing. How else are you supposed to know how much it costs to make a part and what you should sell it for? If you don’t know what your costs are, or if you are performing at the highest level, don’t worry; you’re not alone. Most manufacturers don’t…
You just received an order for 300 printed circuit boards (PCBs) that will be used to operate portable speakers that are needed in a week’s time. You stop and ask yourself the following questions: Do I have the inventory and kits to make that many? Can I deliver the product on-time? What will this cost…