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Strategies for Today's Plastics Processors

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2024 Issue 2

Technology Focus: Process Simulation

Process Simulation A look at process simulation in plastics manufacturing using computer modeling to virtually test, experiment and/or train to validate the methods and procedures for optimal conditions of the processes. Through simulations, including production, inventory, assembly and transportation, companies may optimize results while reducing time and costs during actual … [Read more...] about Technology Focus: Process Simulation

Effective Leadership Planning for NextGen Succession

By Lindsey Munson, editor, Plastics Business “If you can’t be replaced, you can’t be promoted,” are words that resonate with leaders. This quote stands as a simple reminder and sound advice to those seeking a leadership role or being a “succession” – on-the-job training and sharing processes and procedures are critical components to reaching the next step on the ladder. … [Read more...] about Effective Leadership Planning for NextGen Succession

Booklist: Put On Your Oxygen Mask First

By Dianna Brodine, vice president, editorial, Plastics Business I’ve been on enough planes at this point in my life that the safety presentation prior to takeoff is a little like Charlie Brown’s teacher: “Wah wah wah wah wah…” I’m not the only one with this attention-span problem, which is why the Southwest flight attendants sometimes add sarcasm and humor to their speeches … [Read more...] about Booklist: Put On Your Oxygen Mask First

Four Changes That Have Economic Impact

By Chris Kuehl, managing director, Armada Corporate Intelligence Has it been mentioned that the sole function of economic forecasting is to make astrology respectable? This was a rather famous and appropriate quote from John Kenneth Galbraith. It’s not that economists are that bad at forecasting but only as good as the data and when these numbers keep changing it makes life … [Read more...] about Four Changes That Have Economic Impact

US Manufacturers Face Threat of Increasing Healthcare Rates, Seek Answers to Protecting Margins

Fig. 1: Annual Cost per Participating Employee for Healthcare Coverage

By Andrew Carlsgaard, analytics director, MAPP In an increasingly competitive landscape for hiring and retaining skilled employees, rising healthcare and benefits costs for employers in the United States manufacturing sector have become a significant concern. These employers often face challenges in providing affordable healthcare benefits to their employees while … [Read more...] about US Manufacturers Face Threat of Increasing Healthcare Rates, Seek Answers to Protecting Margins

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