Does your team know what they’re really getting when you offer employee benefits, such as health insurance and a 401k? In this episode of MakingChips, Jason and I dissect the employee benefits we offer at Carr Machine & Tool. When we calculate what we’re investing in our employees, the number is shocking. Learn just how valuable offering employee benefits can be in this episode! After all, you have to incentivize your employees to make chips, so you’re making money! BAM!
– Jim
Scheduling is the art of planning your activities so that you can achieve your goals and priorities in the time that you have available. When it’s done effectively, it helps you understand what you can realistically achieve with your time. Why is it a big deal on the shop floor? As technology and automation are being implemented, it forces you to be faster. So you have to be efficient. Paul Van Metre joins us in this episode of MakingChips to share how ProShop can help your shop become more efficient. Because if you aren’t being efficient, you aren’t making enough chips. BAM!
The International Manufacturing Technology Show (IMTS) is back! This is the first time that IMTS has been forced to go on hiatus since World War II. It’s taking place September 12–17 at McCormick Place in Chicago and will consist of 1.2 million square feet of exhibition space.
In this episode of MakingChips, Peter Eelman—the Chief Experience Officer at AMT—joins us to share what’s happening at IMTS, how to book your hotel stay, how Chicago is safer than ever, and even shares what to do to enjoy your stay. Even better, we will be in the Grand Concourse Monday, Wednesday, and Friday. Come by and say hi!
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We’ve all gone into plants that smell awful because they’re dealing with coolant problems. But that smell is a symptom of other, bigger problems. If you have a smelly shop, foggy and dirty windows, and gunk on your tables, you’ve got a coolant problem that’s creating an unhealthy environment for your team. Learn how to identify coolant problems and how to solve them in this episode of MakingChips!
The key to being a good salesman is to add value wherever you can for your customers. I want to be able to talk with ZENGER’s customers about integrating their tooling management with their ERP system and why it can help them. That’s why, in this episode of MakingChips, Paul Van Metre comes back to share how tooling management works using ProShop ERP. Because if you’re not properly managing your tools, you’re losing money (and definitely not making chips).
– Jason!
Whether you rely on inbound marketing, outbound marketing, or a combination of both, sourcing new customers can be a hassle. But it’s how you grow your business, so you can’t give up. Thomas™, a Xometry company, is America’s #1 industrial sourcing platform and marketing powerhouse. It could also be your #1 driver of new customers. Thomas™ President Shawn Fitzgerald shares how in this episode of MakingChips. Because if you’re not gaining new customers, you’re not making chips, and if you’re not making chips—you’re not making money! BAM!
– Nick
Why is a skills gap analysis helpful? How can it make your company more efficient? What does the process look like? In this episode of MakingChips, we define a seven-step process you can use to help you run a skills gap analysis on your manufacturing business. Special guest Crystal Van Vleet shares how she’s brought the process to life in her role with Advanced Machine & Engineering (and at MakingChips). The bottom line is, if you don’t have skills, you’re not making chips, and if you're not making chips, you’re not making money!
— Nick
What can you do to double the value of your manufacturing company and increase your likelihood of selling it exponentially? In this episode of MakingChips, Michael Watkins and David Capkovitz from EBITDA Growth Systems (EGS) share how they can help you increase your profitability and Paul Van Metre from ProShop ERP shares how he partners with EGS to bring value to his clients. They are all passionate about improving business performance in manufacturing companies and impacting lives. Don’t miss this episode packed with actionable insight.
Many manufacturers are facing a common struggle: Their team members are retiring. Even worse, they’re struggling to replace them. Matt Carr—the President of Storch Products Co—found an ingenious way to solve the skills gap at his company by attracting talent from a local technical college. How? He shares a strategy that any manufacturing leader can adapt in this episode of MakingChips. After all, you need talent on your team to make chips!
AS9100 is a standardized quality management system for the aerospace industry. If a manufacturer wants to work in this field, they have to be AS9100 certified. The credentialing process is difficult to achieve quickly. Integrating it into your quality management system (QMS) can be even more time-consuming. In this episode of MakingChips, special guest John Jones shares how he used ProShop to speed up and complete the implementation in just 4 months. Listen to this episode for his strategies!
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Do you struggle with any pet peeves? We’ve compiled a list of three sales and marketing tactics that people utilize that drive us crazy: misusing lead capture forms, cold calls, and spammy LinkedIn connections. But instead of just complaining about these things, we’re going to share what anyone in sales or marketing should do instead. There’s a right way—and most definitely a wrong way—to do it. Find out which side you’re landing on in this episode of MakingChips!
– Nick
If you enjoyed this episode, share it with someone you know! If you know someone who struggles with spammy sales tactics, it might be a nice way to nudge them in the right direction.
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Gino Wickman and Jim Collins popularized the term, “Right people, right seat” in reference to getting the right employees in leadership positions. But what if we take that terminology and apply it to customers? How do you decide what type of customer is the right fit for your manufacturing business? What type of customer will be the most profitable for your business? Those are the questions that we dissect in this episode of MakingChips. Don’t miss it!
Any great tips I can use to find THE right customers for Carr Machine & Tool? Email me at Jim@MakingChips.com.
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Do you struggle with time management? Do you find yourself overwhelmed and exhausted at the end of the week with an endless backlog of things to do? After a rough week of long workdays and back-to-back dinner meetings, I felt like a zombie. I thought it wise to dive into an episode about time management.
So in this episode of MakingChips, Jason and I tackle mastering time management in three areas: your phone calls, your calendar, and your time off. Because if you’re not managing your time efficiently, you aren’t making chips efficiently, which means you aren't making money, are you?
— Nick
Do you have a great system for time management? Let us know! Email us at info@MakingChips.com
“King Richard” is a movie about Venus and Serena’s dad, Richard Williams. I remember watching their rise in tennis and was fascinated by this movie that followed their path to success. Their father was a large driving force behind their successful careers. So in this unique episode of MakingChips, we talk about 7 takeaways from King Richard and how they can be applied to the manufacturing world. If you want to rise to the top, you have to make chips. Because if you’re not making chips, you’re not making money. BAM!
There’s so much wisdom my generation needs to extract from our older colleagues before they retire. Many young people in this industry are naive because it takes time and experience to master a trade. I don’t want someone to retire and still have lingering questions I wished I would’ve asked. That’s why we NEED to document the wisdom of our elders. So how do I extract wisdom from my colleagues before they retire? In this episode of MakingChips, we talk through a few ideas you can use to learn as much as you can from your expert machinists.
We’d like to hear from you—How would you extract knowledge from peers? Reach out to info@MakingChips.com
How do gaming, programming, and the world of a machinist look intersect? In this episode of MakingChips, Steve Courchane—the CNC Samurai—shares his “origin story,” talks about how programming and gaming are aligned, and how to apply gamification to machining to motivate employees. Because if your employees aren’t making chips, you aren’t making money! BAM.
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If your business has been slow-growing or stagnant, can you ramp up your growth? Matthew Nix would know—he’s grown his family business by a 100x multiple and spent seven straight years on the Inc. 5000 list. But how do you grow from a small mom-and-pop shop to an acquisition and growth machine? In this episode of MakingChips, Matthew shares how they’ve scaled their business with a three-prong strategy and how you can, too.
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Today’s episode of MakingChips is recorded at a special LIVE Tri-State Manufacturing Alliance (TSMA) event in conjunction with the Evansville Regional Economic Partnership. We are joined by three amazing panelists:
Each panelist shares their perspective on the importance of taking care of your people, implementing the right processes, and how to compel and measure performance. We also have the pleasure of announcing this year's Manufacturing Excellence Award. Don’t miss out on a unique perspective from manufacturing leaders in the trenches!
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What do you do when an employee resigns? How do you handle their departure in a dignified way? What do you do when you have to let someone go? You have to handle each scenario differently—and sometimes gingerly. So in this episode of MakingChips, we walk through navigating the exit process. Paul Van Metre joins us to share how ProShop ERP can make the transition easier.
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What do you expect from your employees? Do you expect them to think like an owner? Or just clock in and get their work done? Are they compensated for your expectations? In this episode of MakingChips, we’ll cover the bonus incentive plan I’ve structured for my core team. I’ll share the goals of the program, how to determine what behaviors to incentivize, what the reward(s) will be, and an easy way to manage it. Don’t miss it!
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As our team begins to grow at Carr Machine & Tool, I believe it’s time to hire for a middle management position. But what is middle management? What does a middle management role consist of? Will implementing this role truly solve our problems? Jason helps me talk through the challenges I’m facing in this episode of Making Chips!
Any tips, tricks, or ideas to help me through this? Reach out at Jim@MakingChips.com. I’d love to hear from you!
How do you keep corporate culture alive when your workforce is completely remote? How do you focus your company on your values, mission, and goals? When a thriving company culture is crucial to retaining your employees, it can’t be neglected. We dissect this problem we’re facing because of the COVID pandemic—and 6 possible ways to promote and maintain your unique company culture—in this episode of MakingChips.
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Is the labor shortage accelerating automation? Why is there a perception that automation is both risky and complex? How do you lead your elders with authority yet humility? To dovetail—or not to dovetail? These are the questions that we hash out with Michael Gaunce, the VP of Sales for Tooling and Workholding at SCHUNK. We take a deep look into the technical side of workholding and automation in this episode of Making Chips. Now is the time to embrace automation. Because if you’re not making chips efficiently, you’re not making money!
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