by Lewis Yasenchak, senior plastics consultant, P&Y Management Resources On March 7, 2022, 175 countries unanimously agreed on a United Nations framework to fight global plastic pollution from cradle to grave. For contract manufacturers supplying plastic products to OEMS and end users, that framework signals a change in how the industry needs to do business. For … [Read more...] about Applying TQM to Sales
Business Planning
What to Make of Recession Angst
by Chris Kuehl, managing director, Armada Corporate Intelligence I really don’t want to be a media basher – really, I don’t. I understand that this is a tough task and that those in the media are trying to explain very complicated issues in a sound bite or two. I never know where blame lies – on the consumers who seem to have the attention span of a gnat or the media outlets … [Read more...] about What to Make of Recession Angst
US is More Profitable Than China for Plastics-Based Manufacturing
by Greg Kozera, director of marketing and sales, Shale Crescent USA A new study by Shale Crescent USA and Jobs Ohio directly shows the United States is the most profitable place to manufacture plastics products. For the past four decades, US manufacturers have migrated overseas to China primarily due to cheaper foreign labor and a decreasing US energy supply. Times have … [Read more...] about US is More Profitable Than China for Plastics-Based Manufacturing
Strategic Alternatives: Insights on Ownership Transitions
by Michael Benson, managing director, Stout One of the key decisions a business owner will face is when and how to address a major ownership transition. Owners facing this decision may find that their interests begin to diverge from the interests of the company and will need to weigh the importance of generating liquidity and maximizing the valuation of the business against … [Read more...] about Strategic Alternatives: Insights on Ownership Transitions
I Put the “Pro” in Procrastinate
by Dianna Brodine, vice president, editorial, Plastics Business It’s 6:56 p.m. I started this article much earlier this afternoon. Well, I opened a new document in Microsoft Word, wrote the title, made sure my byline looked good… And then time got away from me. The office phone wouldn’t stop ringing, there were questions about the contract for an upcoming event and we added … [Read more...] about I Put the “Pro” in Procrastinate