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Hitting the Supplier Jackpot

As the chairman and founder of MFG.com, one of the things I am the most proud of is that we have made it possible for buyers of custom manufactured parts to get great prices while simultaneously allowing suppliers to increase their profit margins. How is this possible? By connecting buyers of custom parts with the matched niche suppliers at the right moment in time. 

Makers: The New Industrial Revolution by Chris Anderson

Wired magazine editor and best selling author Chris Anderson's new book Makers: The New Industrial Revolution is an excellent and easy read detailing the transformation that is happening in manufacturing.

How to Get the Most Accurate Quotes from Machine Shops

When sourcing a part to be produced in accordance with a drawing (machined, molded, cast, fabricated, etc.)  there are a few tips that will result in a win-win.  

Re-Shoring: Manufacturers Make a U-Turn

We surveyed job shops in America to see if all the banter around re-shoring is just that or if it is indeed a real trend.

CNBC picked up the survey results, interviewed me and wrote a very good article.

http://www.cnbc.com/id/47535355

 

A Machine Shop Owner Who Get's It - Spargo Machine Products

Just as any great business, at MFG.com we love our customers.  We realize that our customers are the sole reason we exist and it warms our heart to hear all the stories from our customers telling us the impact we have had on their business and their lives. 

A couple days ago we received an email from Bill Spargo (Spargo Machine Products) and he attached a picture of a map in his office and on the map he has noted the location of the customers has has secured via leads from MFG.com.

MFG.com and NTMA Partner for a Shared Passion

I’ve always had a lot of respect for the folks at NTMA (National Tooling and Machining Association) and how tirelessly they work to support and advocate for their member machine shops.  And they have done a great job morphing their organization and the value they offer to remain in lock step with the market.

We at MFG.com are just as passionate about the health and growth of the job shop market in America as is NTMA.  It is the fuel in our economic engine and the key to job creation.

Lean Sourcing and Supply Chain Management is a Strategy of the Past

The traditional way of managing a supply chain and strategic sourcing.... lean principles, fewest number of vendors possible, etc.

If I Owned a Machine Shop

Machine shop owners often ask me what I would do if I were running a shop in America right now in order to grow sales, profits and mitigate my risk related to another downturn or losing a big customer:

Here are some of the strategies I would use.