An ownership transition at SPI Industries, South Bend, IN, triggered a re-evaluation of operational methodologies throughout the plant. With a desire to "turn the culture and turn the ship," President James Doster implemented a morning meeting to share critical benchmarks and process updates with his staff. Previously, the management team would review metrics once a month — … [Read more...] about The Operational Impact of the Morning Huddle
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Disaster Recovery Plan, Business Interruption Insurance Avert Catastrophe for MAPP Member
On a Thursday morning in March, the maintenance staff at Viking Plastics, Corry, PA, was performing the daily exterior walk-around. An oil leak was discovered on the concrete near an electric transformer and, upon opening up the transformer, the maintenance staff found a steady stream of oil coming from one of the connections. With the transformer only hours away from … [Read more...] about Disaster Recovery Plan, Business Interruption Insurance Avert Catastrophe for MAPP Member
Water Leaks Lead to Unscheduled Mold Downtime
by Steve Johnson, ToolingDocs LLC As most mold maintenance audits reveal, both internal and external water leaks continue to be the front running causes of unscheduled mold downtime. Pitting – the simple act of electrons from one steel component migrating to another – wastes thousands of company dollars per year through excessive repair hours, additional tooling costs, press … [Read more...] about Water Leaks Lead to Unscheduled Mold Downtime
Seven Steps to Avoid Mistakes in Business Sales
By Josef Keglewitsch, Ice Miller LLP The mere fact that an owner has successfully built and operated a business does not necessarily translate into that owner having a similar level of success in exiting the business. In fact, all too often, potential business sales are either aborted or miss their mark, with the point where the deal went astray generally being traceable to a … [Read more...] about Seven Steps to Avoid Mistakes in Business Sales