With summer months coming to a close and our focus shifts back from family vacations to getting our hands dirty within our businesses, it’s also a great time to review the capital budget and current assets to identify opportunities for greater operating efficiency or higher performance and output. While there may be dozens of reasons […]
How Technology Is Shaping The Logistics Industry
We’ve examined the impact technology is having in the trucking industry in the past, though today we’re going to take a close look directly at it’s impact on the logistics firm, both in-house and in concert with 3rd-party carriers. Keep in mind that many of these technologies will be applicable to the entire supply chain […]
How Small Machine Shops Gain Competitive Edge
You’ve been in business for several decades or recently purchased an older, established machine shop from another proprietor and you’re sensing a squeeze from more competition and smaller margins. Long-standing clients brought their prototyping in-house and are looking for ways to shave costs on manufacturing runs, pushing your prices lower to retain their business. Is now […]
Planning for the Long Haul: Lease or Loan for Industrial Equipment
Running a machining or manufacturing business? Then you know it doesn’t take long before you’re in a position where you either need to expand or replace your equipment and tooling. Everything from wear and tear to increase in sales to shift in the market and marketable products will influence the direction you take with regard […]
Section 179 Updates: What’s Changed For 2018
If you’ve been following national news since mid-December, you’re probably all-to-familiar with the new tax cuts the current Administration championed, and Congress ultimately signed into law. Lawmakers on both sides of the aisle were speculating on the economic impact at the micro and macro levels, and as the dust settles, a few areas of significant […]