Archive for November, 2007

Nov 01 2007

Improving Profits

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We’re all on the never-ending quest for improved productivity and profits.  But finally people are looking in the right direction – profit is made by minimizing costs.  Profit is the difference between what you sell it for (Price) and what it took to make and sell it (Cost).  Price is something you have little control over.  Your costs are in two categories – your Raw Materials which again you have little control over what you pay for them, and your Added Value Manufacturing Costs (AVMC). By lowering your AVMC you dramatically improve your profits. Continue Reading »

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Nov 01 2007

7 myths on purchasing injection molded parts and injection molds

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Many companies think the purchasing of a mold is the tooling necessary to produce a part.  While correct there are some considerations that need to be made before you purchase. Continue Reading »

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