By Lindsey Munson, editor, Plastics Business With 2025 knocking at the door, the plastics industry is ready to turn the page by building on the momentum of the last year, maneuvering market demands, establishing relationships and strategically planning for the year ahead. There is cautious optimism among plastics processors, who likely will face challenges of economic … [Read more...] about Outlook for 2025: Trends, Challenges and Investments in Plastics
Business Planning
Reducing Waste and Maximizing Efficiency in Manufacturing
By Steve Bieszczat, chief marketing officer, DELMIAWorks When processors and manufacturers think about conserving valuable resources, they are not only considering energy; they’re also looking at raw materials, time and people. The following are three real-world examples of how companies are using their manufacturing enterprise resource (ERP) systems to reduce waste while … [Read more...] about Reducing Waste and Maximizing Efficiency in Manufacturing
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
Protecting Plastics Processors from Digital Disruption
By Tom Wojcinski, principal, and Michael J. Devereux II, CPA, CMP, partner, Wipfli While talking with a group of plastics processors, one asked if there was anything a manufacturer could do to ensure its operations are not hacked. But, of course, there is no way that’s possible, especially in today’s connected manufacturing environment. Even if a processor disconnected … [Read more...] about Protecting Plastics Processors from Digital Disruption
Partnership with ITR Economics Enhances Member Benefits
By Lindsey Munson, editor, Plastics Business On the rise and expected to grow over the next decade, the plastics industry is evolving and transforming by the day, and companies are challenged with meeting their operational expectations no matter the external market trends and economic impacts. Management teams are pressured now more than ever to assess, plan and respond … [Read more...] about Partnership with ITR Economics Enhances Member Benefits