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Making Chips Podcast for Manufacturing Leaders

Manufacturing is challenging, but if you are connected to a community of leaders, you can elevate your skills, solve your problems and grow your business! MakingChips was launched in 2014 to equip and inspire the metalworking nation. Hundreds of episodes and a million downloads later, it’s an industry-leading source of information, inspiration, and entertainment for manufacturing leaders of all types. It’s hosted by Jason Zenger and Nick Goellner, two multi-generational manufacturing leaders, and they’re joined by a rotating panel of expert guests – including Titan Gilroy (TITANS of CNC), John Saunders (NYC CNC), Mark TerryBerry (Haas Automation), and many more. Join us as we tackle the topics that keep you up at night - leadership, operations, technology, growth, workforce development and culture.
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Making Chips Podcast for Manufacturing Leaders
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Jun 1, 2016

We're all familiar with Murphy's Law; "Anything that can go wrong, will go wrong". We've talked about this extensively in a previous MakingChips episode on crisis management, but what can you do to make sure that your manufacturing company is covered in the event that something goes wrong?

"It's not a matter of if, it's a matter of when."

From equipment breakdowns, to customer and employee claims of injury,  you need to be equipped with the knowledge of what kind of coverage you'll need for the challenges you face as a Manufacturing Leader. The reality is that many manufacturers have limited knowledge on the subject, and are often hesitant to reach out to their insurance agency. What can the metalworking nation learn from the insurance industry?

On this episode of MakingChips, we talk about insurance and risk management with Marc Alberico and Steve Lorenzini of The Daniel and Henry Company. Marc and Steve share their extensive knowledge of risk solutions for the manufacturing industry and provide an answer to a MakingChips listener's question. In manufacturing news, we talk about the future of automation and it's business implications.. Jim and Jason share details of two very special MakingChips events as we look forward to IMTS 2016.

Episode Structure:

  • [03:25] - Manufacturing News
  • [06:45] - Mastermind Series
  • [08:05] - MakingChips at IMTS 2016
  • [09:35] - Introducing Steve and Marc
  • [11:36] - Answering Rob Trout’s Email
  • [13:05] - How did this collaboration begin?
  • [19:06] - OSHA Compliance
  • [21:15] - Understanding the Depth of Your Business
  • [24:38] - “The Sheep in Wolf’s Clothing”
  • [26:30] - Product Liability (Prototype vs Medical)
  • [32:15] - Misclassified Areas
  • [38:15] - When to Call the Insurance Company
  • [40:40] - Conclusion of Episode

Mentioned in this Episode:

We Want to Hear From You, The Metalworking Nation:

  • jim@makingchips.com
  • jason@makingchips.com
  • ryan@makingchips.com
  • Telephone: (312) 725-0245
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