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Strategies for Today's Plastics Processors

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2022 Issue 2

Who Supports the Leaders? The Role of the Business Support Team

by Dianna Brodine, vice president, editorial, Plastics Business “When your mother asks, ‘Do you want a piece of advice?’ it is a mere formality. It doesn’t matter if you answer yes or no. You’re going to get it anyway.” – Erma Bombeck, American humorist US plastics manufacturing has plenty of family business success stories, so it’s likely that many reading this article … [Read more...] about Who Supports the Leaders? The Role of the Business Support Team

Don’t Take the Medicine Yet!

by Will Hinshaw, partner/founder, Captive Solutions & Options Primetime television has become a stage for marketing pharmaceutical solutions – catchy slogans, music, bright colors and “everyday people” succeeding in life with help from drug manufacturers. This is top-tier advertising from some of the most profitable companies in the world. To counter the financial impact … [Read more...] about Don’t Take the Medicine Yet!

Plastics Processors Identify Both Challenges and Opportunities in Healthcare Landscape

by Rachael Pfenninger, director of strategic execution, MAPP According to an article published by the American Medical Association in 2020, healthcare spending in the United States increased by 4.6% in 2019 – a percentage that was on par with 2018 growth and slightly faster than what was observed in 2017.¹ What is most remarkable, however, isn’t that healthcare spending is … [Read more...] about Plastics Processors Identify Both Challenges and Opportunities in Healthcare Landscape

Every Plant Needs to Conduct a Cyber Risk Assessment

by Liz Stevens, writer, Plastics Business Hacks, security breaches, ransomware attacks – these are becoming more and more common in our technology-dependent world. Every manufacturer would be wise to take these potential threats seriously and apply resources to protect assets and fortify cyber security. If cyberattacks can happen to school districts, casinos, farm … [Read more...] about Every Plant Needs to Conduct a Cyber Risk Assessment

Sophisticated Check Fraud Scheme Stopped with Positive Pay

by Dianna Brodine, vice president, editorial, Plastics Business “I received a call from the bank,” said Erica Berg, chief financial officer for Vital Plastics, Inc., Baldwin, Wisconsin. “A check was coming through on our payroll account, and the bank wanted to verify it since it didn’t match up with the data we had provided.” Vital Plastics uses a service called Positive … [Read more...] about Sophisticated Check Fraud Scheme Stopped with Positive Pay

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