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
Safety & Compliance
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
An Effective Approach to Toolmaker Evaluations
by Danielle Sheldon, marketing assistant, Team 1 Plastics, and Nicole Mitchell, editor, Plastics Business For the plastic injection molding industry, it is essential for some decisions to be cost-driven. With supply shortages taking their toll on molders across the globe, a cost-driven strategy can be beneficial to the annual outcomes of all involved. There can be, … [Read more...] about An Effective Approach to Toolmaker Evaluations
Stress Testing the Business: 5 Lessons from Plastics Molding Companies
by Dianna Brodine, vice president, editorial, Plastics Business Business forecasting and strategic planning are activities undertaken by plastics manufacturing companies to prepare for future growth, determine next steps and identify gaps in resources. For most industry-leading molders, these activities also include an element of disaster planning to prepare for short-term … [Read more...] about Stress Testing the Business: 5 Lessons from Plastics Molding Companies
The View from 30 Feet: Going Green is Good for Business at PMT
By Nicole Mitchell, writer, Plastics Business At Plastic Molding Technology (PMT), El Paso, Texas, sustainability is a top priority. The corporate sustainability initiatives, focused on environmental impact, began as a side emphasis for the leadership team several years ago, and today the company reaps the benefits through cost savings, team safety and price … [Read more...] about The View from 30 Feet: Going Green is Good for Business at PMT