Focus on Efficient Operations
The pressure is on plastics processors to produce low-cost parts for their customers while still maintaining a comfortable profit margin. Energy and materials costs make up a significant portion of the production price for any item. Two U.S. plastics processors are having success in bringing those critical price points down and have shared their experience.
Reducing […]
Flying Blind? Defining Cost Drivers Leads to Success
By Jeff Mengel
When it comes to running your business, how do you gauge conditions? Do you stick your finger out the window - flying blind - or, like a pilot, do you rely on the instruments available to you to ensure your business maintains a consistent altitude and direction?
When it comes to quoting - one […]
MAPP Report: 2007 Raw Materials Survey
How does a plastics manufacturing business maintain profit margins in a marketplace in which nearly 40 percent of its manufacturing costs fluctuate on a daily basis? To gain a better understanding of this question, MAPP was asked by its Members to perform a survey focused on how processors are managing the process of buying raw […]
Buyers Report: Cooling and Chilling Systems
The market offers plastics processors a wide range of temperature-control equipment and systems for cooling and chilling industrial process fluids. The five companies represented in this Buyers Report responded to our requests for information and represent a sample of the manufacturers supplying coolers and chillers to the plastics processing industry.
Advantage Engineering, Inc.
(317) 887-0729
www.advantageengineering.com
Advantage is committed […]
TEAM 1 Michigan: Forward Thinking for Upward Growth
In 1987, three sales engineers saw an opportunity with the Japanese transplant Tier 1 automotive suppliers located in south central Michigan. Six years later, the company they started made the Inc. 500 list as the 101st fastest-growing company. Today, Team 1 Michigan is running 24/7, producing small plastic molded parts in an environment that strives […]
Buyers Report: Maintenance Management Software
When equipment goes down, so do profit margins. When equipment fails to operate efficiently, the production line is no longer running at optimum performance. Accurate and timely data collection can provide information that keeps equipment running at peak efficiency, from maintenance through to repair.
The companies represented in this Buyers Report graciously responded to our […]