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- Feb 26, 2020
SEWN SUCCESS: Machine Shop
A Southeastern PA machine shop lost one of its largest customers and sought assistance from SEWN on how to position their business to attract new clients. Major customers were demanding pricing concessions, while domestic steel price increases made raw material more expensive, creating cash flow issues in every piece of the business. Cost saving opportunities were being pursued, but the decision was made to move to a solutions focus for the business. In addition to these cha
Bob Value, Deputy Director, SEWN
- Feb 25, 2020
Cash Forecasting: 13 Week Cash Flow Statement
Companies often utilize some form of cash forecasting, typically in the form of a monthly or annual budget. This is fine for long-range planning but is severely limiting for companies where cash is tight. A standard tool in the turnaround world is the rolling 13-week cash-flow. Companies that are operating in a cash-constrained environment do not have the luxury of thinking months ahead and need a tool that provides better insight to cash inflows and outflows. They need some
NTMA - Pittsburgh Chapter
- Feb 24, 2020
NIMS Workshop - Pittsburgh Area
NEW with NIMS Workshop: PERFORMANCE MEASURE SYSTEM Thursday, March 12 10:30AM - 1:30PM Penn Hills Comfort Inn You asked, and we heard. The Pittsburgh Chapter NTMA is hosting a workshop open to all companies interested in finding out about the most up-to-date ways to utilize NIMS in their shops. We're bringing the information right to you in this one day event with NIMS Director Montez King. Custom Performance Evaluation is here and this is your opportunity to learn about how
NCPA Staff
- Feb 21, 2020
Penn College students earn manufacturing scholarships
Four Pennsylvania College of Technology students are among 14 individuals nationwide to receive scholarships from a foundation dedicated to promoting skilled manufacturing careers. The $1,500 to $2,500 scholarships from Nuts, Bolts & Thingamajigs, the foundation of the Fabricators & Manufacturers Association International, are for full-time students enrolled in an engineering or manufacturing-related course of study. The Penn College recipients are automated manufacturing tec
Alyssa Rumsey, Industry Week
- Feb 18, 2020
Gearing Up the Next-Generation Workforce
The growing demand for a skilled manufacturing workforce becomes more apparent as global competition increases and products and processes become more complex. Solving manufacturing problems in this new era of globalization and digitization requires diversity of thought, skill and background, and women are valuable in these environments. However, according to the latest U.S. Census, women make up just under half of the working population in the United States, but account for o
Pittsburgh Technology Council
- Feb 6, 2020
STEEL VALLEY AUTHORITY: BREATHING NEW LIFE INTO MANUFACTURERS
The Steel Valley Authority (SVA), headquartered in Pittsburgh, with four other offices across Pennsylvania, stands out as a comparatively small organization that works to avert layoffs, save jobs and strengthen communities dependent on the manufacturing industry throughout the Commonwealth. “Since 1993,” emphasizes Bob Value, SVA Deputy Director, “we’ve intervened with 1,300 manufacturing businesses and averted or deferred the loss of over 30,000 jobs plus the jobs of compani
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