PMPA Business Trends September 2020

 

Our Shops Are Proving to be “Essential Manufacturing” to the Economic Recovery! September Precision Machining Industry Sales Rate of Growth Accelerates 8.4% over August as Federal Reserve’s Industrial Production Index Fell 0.6%, Manufacturing Output fell 0.3% All sentiment indicators increased or remained level for the fifth consecutive month.

 

 

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2020 Annual Meeting Speaker Videos Now Available

 

We realize that many of our PMPA members were unable to travel and join us at the Big Cedar Lodge in Ridgedale, Missouri, October 22-25 for the 2020 Annual Meeting.  We also realize that this year’s Annual Meeting provided great speaker content on topics that were relevant (PPP loans) and timely (2020 Election update) and will offer you insights on how to pivot your company out of the pandemic.  

 

All of the speaker presentations were recorded, and we are offering you the opportunity to purchase the video viewing rights at a bundled price of $300.00. 

 

Once you purchase (or “register” for) the videos, you will receive an email with a unique URL link and password to a landing page containing all the presentation videos. The videos will be available on that page until December 15, 2020.

Questions? Contact Renee Merker (gro.apmp@rekremr) or Joe Jackson (gro.apmp@noskcajj) at PMPA 440-526-0300

CLICK HERE TO PURCHASE THE ANNUAL MEETING SPEAKER VIDEOS

Are You Covered? Industry Specific Programs, Coverages & Services For PMPA Members

 

Federated Insurance Logo

 

Federated Insurance will provide a brief history as well as an overview of our structure to serve PMPA Members. We will review recommended insurance programs and specialized coverages specific to the machining and manufacturing industry, and an overview of our risk management services and tools available to clients to assist in operating their business. In addition, we will highlight personalized online destinations for risk management for clients that will be available late summer.

 

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Deburring Techniques for Small Plastic and Precision Metals Parts

Colin Weighman from Comco, Inc.

 

Colin Weightman of Comco Inc. will take a look at different kinds of burrs: poisson and rollover (feather). This distinction helps determine the appropriate deburring methods and how to remove them. We explore a novel tool to effectively deburr small, fragile, and high value parts. Using several case studies we identify the capabilities and limitations of MicroBlasting for deburring a range of metals and polymers.

 

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Democratizing Manufacturing Data

Graham Immerman from  MachineMetrics 

 

Graham Immerman, VP of Marketing for MachineMetrics will explore how organizations are working with American manufacturers to better prepare their supply chains to respond rapidly and proactively to future supply chain disruptions, with an emphasis on the importance of democratizing manufacturing data. Data democratization is a tremendous challenge. If achieved, however, the opportunities for continuous improvement for all manufacturing life-cycle members will be far greater than ever before.

 

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Costing is a Science, Pricing is an Art:

The Over-Engineered Quote

 

 

The business strategy around estimating and quoting hasn’t changed much in 20 years. The same issues facing job shops in 1999 when Wayne Chaneski wrote his MMS column on Getting the Most From Your Quotations still hold true today. Most shops have a win rate of 20-30%. This means that 7 out of 10 quotes sent resulted in no revenue. So why are shops spending so much time engineering estimates?

Learn how technology can turn the data generated in the quoting process into valuable resources for future business activities and reduce time spent on over-engineering quotes.

Primary Topics:
Quoting strategies that increase revenue
The economics of costing
The true cost of quoting
The must-have customer experience

 

VIEW WEBINAR HERE

 

Released October 12, 2020

Miles Free & Carli Kistler-Miller discuss the upcoming 2020 election and each of Presidential candidates expected policies and approaches on environmental, human resources and workforce training policies.

*To be clear, we are not pro-Trump, we are not pro-Biden, we are pro-manufacturing and we want to bring you the facts shared with us from The Franklin Partnership so you can make an informed decision*

 

 

 

Released October 5, 2020

Miles Free & Carli Kistler-Miller discuss the upcoming 2020 Election and each of the Presidential candidates policy expectations on Trade and Taxes. 

*To be clear, we are not pro-Trump, we are not pro-Biden, we are pro-manufacturing and we want to bring you the facts shared with us from The Franklin Partnership so you can make an informed decision*