Authored By: Bridget Lazlo, CEO, Guardian Business Solutions For every dollar of error in your inventory, there is a dollar of direct impact on your profitability. It’s hard to believe, but it’s true. To better understand, calculate profit by taking your total sales less the cost to produce, manage, and sell your product. When you […]
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By: Chris Baichoo, WMEP Manufacturing Solutions – Executive Director/CEO Are you a small business owner looking to enhance your factory’s operational efficiency and drive continuous improvement? Look no further! Implementing Managing for Daily Improvement (MDI) in your factory can be a game-changer for your business. MDI is a systematic approach that empowers your workforce to […]
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Barry Messer, Senior Consultant Congratulations to Barry, WMEP’s first consultant to obtain lead auditor designation for Energy Management Systems for ISO 50001! The ISO 50001 certification holds global recognition and signifies an organization’s dedication to continuous improvement in energy management. This commitment allows businesses to distinguish themselves within their industry and establish a robust reputation […]
WMEP is pleased to announce that Jason Schultz has joined our team as one of the business development leaders for the greater Milwaukee metro area, specifically focused north of highway 60 up to Manitowoc County and west to Fond du lac. In this role, Jason will prospect new clients, follow up on leads and set […]
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June 20, 2023By: David Boulay The growth of electric vehicles (EVs) poses various degrees of risk to auto suppliers that make parts for internal combustion engines (ICE). While no one can say for sure what these domestic supply chains will eventually look like, big changes are coming. The slow transition to EVs will eventually expand […]
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By: Patricia Henning Strother • President, Strother Communications Group SCG’s 4-step flight plan is a reliable pathway to reach targeted revenue. This model is particularly helpful for companies seeking dramatic revenue growth. At Strother Communications Group, we help sellers reach buyers, boost reputations, and grow sales. Sales growth is our specialty. We will help you […]
May 30, 2023By: Art Thomas Many manufacturers have had to make significant changes in suppliers in recent years because of various disruptions. Small and medium-sized manufacturers are often resource-challenged and do not have supply chain specialists to focus on vetting suppliers. When it comes to suppliers, manufacturers often are more transactional than strategic, focusing on […]
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Industrial manufacturing deal volume declined in 2022 due to uncertainty from global economic and market influences. Rising cost of capital, inflation, geopolitical uncertainty, increased freight costs, and volatile raw material prices and availability is likely to continue to challenge M&A in 2023. As a result of these pressures, M&A activity for manufacturing companies has been […]
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By Kevin Kane, President – Southeast Wisconsin Market, First Business Bank Coming away from the 25th Annual Manufacturing Matters Conference, there are many things to reflect on. To start, First Business Bank was grateful for the opportunity to again support WMEP Manufacturing Solutions as a Platinum sponsor. This year’s event saw record attendance of well […]
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Manufacturing companies have faced unparalleled challenges over the past year, directly impacted by the COVID-19 pandemic. Declines in production, forced shutdowns, staggered production schedules and reduced employment levels affected the momentum the industry was regaining since 2010. Yet, deals are still getting done during these unprecedented times and at strong values. Taureau Group recently advised […]