PMPA Business Trends March 2022

 

The PMPA Business Trends Index increased dramatically by 29 points or 19 percent to 181 from February’s 152- which was, itself, our index’s second highest level ever. The increase in sales was NOT a result of increased hours of work- indicating that inflation of costs could be a likely factor. Our Sales Index performance in March dramatically heralds a pivot and perhaps a top in our manufacturing activity going forward. Inflation, not Units produced, seems a likely explanation for the parabolic increase in our Sales Index in March. Stay alert to anticipating and overcoming supply and sourcing challenges. Note- Due to the dramatic outperformance of the Index to history- over 3 standard deviations above 4 year average- we  took extra steps to validate the submitted data. Over 69 percent of respondents reported double or triple- digit sales increases in March 2022.

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If you are not currently participating in PMPA’s Monthly Business Trends reporting, you are missing a great peer benchmark and a tool to provide you with confidence for your business decisions. Contact Veronica Durden to sign up.

 

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Released April 18, 2022.   

Miles Free and Carli Kistler-Miller review the latest OSHA Statistics available for our industry in anticipation of the full report of the top 10 OSHA violations that is due out soon.

An Estimating Method for Multiple Spindle automatic Screw Machines

 

STEP-BY-STEP ESTIMATING FOR MULTIPLE SPINDLE SCREW MACHINES 

  • Estimate Identification
  • Material Calculation
  • Calculate the Weight of Material Removed
  • Calculation the Material Price M Pieces for the Quantities to be Quoted

ESTIMATING PRODUCTION TIME FOR A MULTIPLE SPINDLE AUTOMATIC SCREW MACHINE

  • Surface Feet per Minute (SFM) and Spindle Speed
  • Decide What Will Be Done in Primary and Secondary Operations 
  • How to Figure Production Time on the Automatic

PRODUCTION TIME SHEET 

  • Sequence of Operations 
  • Figuring Production Time for Secondary Operations
  • Broaching the Flats
  • Heat Treating
  • Grinding 
  • Inspect and Pack
  • Boxes
  • Figuring Tool and Cam Costs 
  • Figuring Manufacturing Costs by Quantities 

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An Estimating Method for Single Spindle Automatic Screw Machines

 

STEP-BY-STEP ESTIMATING FOR A SINGLE SPINDLE MACHINE

  • Estimate Identification
  • Material Calculation

ESTIMATING PRODUCTION TIME FOR A SINGLE SPINDLE MACHINE

  • Sequence of Operations 
  • Stock Feed Out (twice)
  • Center
  • Step Drill
  • Recess
  • Ream, Flat Bottom and Face
  • Ream 
  • Cutoff
  • Form (Front Slide)
  • Form (Rear Slide)

PRODUCTION TIME SHEET

  • Sequence of Operations
  • Adding Revolutions to Calculations
  • Gross and Net Production
  • Setup Hours 
  • Setup Rate 
  • Setup Cost 
  • Production Pieces Per Hour 
  • Machine Hours Per M Pieces 
  • Machine Hour Rate
  • Production Cost Per M Pieces
  • Cams and Tools
  • Special Costs

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Released April 11, 2022.   

Miles Free and Carli Kistler-Miller give our listeners a peek into the most recent tour for PMPA’s Mastery Program that had them visiting PMPA member shops such as Eaton Steel Bar Company, Vanamatic, Wieland Chase, and much more.