Posts Tagged ‘Plastics Manufacturing’

Using Rebates to Drive Revenue in Plastics Manufacturing

Using Rebates to Drive Revenue in Plastics Manufacturing

If you don’t care about driving profitable Plastics Manufacturing revenue, you can stop reading right now. Rebates are an incredibly fair way to discount products since the rebate (discount) is based upon actual sales, not projected. And, you control the complexity or simplicity of the program dependent on your sales requirements. The goal of rebates…

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Managing Purchase Order Lead Times in Plastics Manufacturing

Managing Purchase Order Lead Times in Plastics Manufacturing

In Plastics Manufacturing with resin and additive price fluctuations, sales forecast volatility, and varying levels of self-imposed risk, it is important to manage procurement. Minimizing inventory and the holding costs associated can sometimes take a backseat if other volatility warrants possibly over buying. Strategies around what, when and how much will always be important to…

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Project Recovery or Considerations for Your Next ERP Implementation

Money Pit. Throwing good money after bad. You think the original decision was bad? Think again… The problem with your original ERP decision wasn’t necessarily the initial decision; it was the series of bad decisions that occurred afterwards. For Plastics Manufacturers – with already tight margins, resin price dependence, and growing customer expectations – a…

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The Importance of an Easy-to-use ERP in Plastics Manufacturing

The Importance of an Easy-to-use ERP in Plastics Manufacturing

Full featured, consistent and easy to use? Good to have ERP goals, right? But, are they mutually exclusive? You’ve outgrown your current Plastic Manufacturing ERP system. Processes have also become more complex and it’s time to evaluate ERP systems that will not only consistently support these processes and functionality but also be simple to use.…

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In the Cloud, On-Premise, or Hybrid: Whats Best for Plastics Manufacturing?

In the Cloud, On-Premise, or Hybrid in Plastics Manufacturing

It’s easy to get caught up in all the Digital Transformation and Cloud discussions. But, in a competitive industry like Plastics Manufacturing, companies have had to be frugal in their IT spending and generally manage their servers and applications with a relatively small group of professionals. While Microsoft has spent an enormous amount of money…

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How Customized Will Your Next Plastics Manufacturing ERP System Be?

Plastics Manufacturing ERP System

There’s an age-old question that will likely continue for many, many years… In buying your next, incredibly expensive ERP system, how much should we customize the system?  First, some definitions: Configuration – Highly configurable systems offer tools and options that provide numerous permutations to meet the functionality and process of your business. Normally, these configuration options…

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Building Your Own Plastic Manufacturing Color Sensor Quality Lab

Plastic Manufacturing Color Sensor

As Plastic Manufacturers continue on the “Yellow Brick Road” toward world class OEE performance, quality will remain an important element. Having to scrap parts or an entire production order due to poor quality is more prevalent than often reported. A few months ago, we showed a video with a temperature sensor, real-time streaming, and alerts…

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Why are Plastics Manufacturers Embracing Digital Twins?

Digital Twins in Plastics Manufacturing

In the spirit of Digital Transformation (See our blog from last week – Why Are Plastic Manufacturers Embracing Digital Transformation?), Plastic Manufacturers continue to look for: Transformational changes to generate more revenue Initiatives to protect and grow their user base Ways to produce more with fewer resources Here are some additional ways that Digital Transformation…

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Why Are Plastic Manufacturers Embracing Digital Transformation?

Digital Transformation in Plastics Manufacturing

As I sit through a digital transformation and technology oriented conference, there are some recurring themes that are relevant for plastic manufacturing. “Focus on the outcome”… ”Start with the end in mind”… While a tad cliché-ish, they remain true. By the way, each presentation is being automatically converted via voice to text, so every single…

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Plastics Manufacturing: Business Intelligence Is The New Currency, Not Big Data

Business Intelligence in Plastics Manufacturing

Okay, this is not just for Plastic Manufacturing, but given the competitiveness and growth of plastics, I’d suggest that this statement is absolutely true. Consider some of these typical comments: “Geez, if we’d only known earlier…” “Who could have predicted that?” “Why aren’t we doing that?” “It seems so obvious now…” “We could be rich…

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