MMT Blog

During the week of March 9th, Gardner Intelligence conducted for the second time a short survey to gauge the effects of COVID-19 on discrete parts manufacturers across all the industries that Gardner Business Media covers. The survey asked two basic questions:

For each of those questions, respondents were asked to rank the severity of the change or adjustment from minimal to moderate to major.

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Molds are expensive, so it confounds me that many shops still do not employ technologies and strategies to predict where something may go wrong before they start making chips. Don’t you want to know what could go wrong upfront, so you can prevent it from happening instead of modifying a tool?

This is what many experts in the field of plastics analysis have been promoting for more than 30 years—all in an effort to help companies make better part and mold design and injection molding decisions.

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Without getting into the nitty-gritty details, I believe we can all agree that the impact the COVID-19 (coronavirus) is having on the manufacturing supply chain is growing a bit intense lately.  Various shops have reached out to me online, on the phone and via social media asking how they can be connected with manufacturers looking for North American mold builders to keep manufacturing moving, and OEMs have also reached out looking for mold builders and molders to take on some projects.

This got us thinking. We have the audience (community) comprising all links in the supply chain, so we just need to find a way to bring them all together (connection) if and when projects, capabilities and timelines align. We want to help!

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The next member of our new Editorial Advisory Board is Kelly Kasner. Kelly brings a marketing and advertising background to the board. She grew up in a family-owned injection moldmaking business working across all aspects of the business, including financial, operations, human resources, marketing and sales. She holds a bachelor’s degree in business administration with minors in marketing and advertising from Western Michigan University.

Upon the retirement of her parent’s company in 2015, she was director of sales and marketing. After a few years in the non-profit world advocating for the skilled trades industries, Kelly came on board with her ‘second family’ at Michiana Global Mold (MGM), where many team members have a history of working at her family’s shop.

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Moldmaking Index Falls on Export and Backlog Contraction

Registering 48.3 in February, the GBI: Moldmaking Index contracted at an accelerating rate. Gardner Intelligence’s review of the underlying index components observed that the Index -calculated as an average of its components- was supported by jump in supplier deliveries, followed by modestly expanding activity for new orders and production activity. The Index was pulled lower by a very sharp contraction in backlog and export activity.

 

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