US Energy: Some Thoughts and Happy New Year to All!

For our first Newsletter effort of 2020 let’s start with a subject of great significance — US energy. Since one of the major advantages of US manufacturing is cheap and abundant energy, it’s an especially important subject for those of us relying on machinery. While we claim no special expertise, we believe there are several important issues to keep in mind as we move forward, and we welcome corrections/comments to our blog. President Trump reported… Read More

Good News for the Year-End

Most businesses we know are winding down for the holidays, and we wish a Happy Holidays to all.  For our final newsletter in 2019, we found a summary of the year’s manufacturing performance, which we present for your consideration.  And optimism, we hope! We use the Markit Manufacturing Purchasing Manager’s Index (PMI).  It seems as good a measure as any other, and usually there’s a concise report that gives a good explanation. A definition:  “In… Read More

Timely Delivery of Quality Products – A Shared Responsibility

We were scrolling through a number of procurement discussions and found several that dealt with the factors that make a good supplier. Among the most frequently noted is timely delivery of product made to specifications. We are in total agreement; a history of good performance is one criteria for our network. However, this can be a shared responsibility, not just a supplier factor. A good performing supplier strives for perfect quality and on-time shipments each… Read More

High Speed Custom Fabrications – Product Rollouts, Displays, Merchandisers

You require a large quantity of  custom structures for a product rollout, display, or a tubing-sheet metal, painted fabrication.   Would this need be helped by in-house engineering, design, high speed comprehensive manufacturing and even the possibility of inventory help?  Are project management, rapid prototyping and presentation assistance also desireable?  Finally, does the project involve ease of installation on site? We feature a company specializing in such high volume fabrication work.  Their particular focus is on… Read More

It’s All About the Relationship

The May, 2016 Medical Product Outsourcing has a thought provoking article well worth highlighting.  This article explores the present blossoming community of collaborations and relationships between medical device OEM’s and their suppliers, and why this is occurring.  This newsletter summarizes several points from this article. Proficient Sourcing has some experience in this market, and medical device OEM’s have concerns in many ways similar to those of aerospace, automotive, pharma, and some DOD OEM’s.  The problem… Read More

Another Economic Forecast

On November 6 we attended the Barnes-Dennig (Cincinnati CPA firm focused on manufacturing) annual Manufacturing Seminar.  The presentation was “Economic Enlightment” by Dr. Alan Beaulieu of  ITR Economics.  You can further investigate ITR from the website in the above article.  ITR uses what we understand is an advanced methodology of leading indicators for delivering an accurate economic forecast.  They claim supurb accuracy, and history seems to bear them out. From the ITR website about Dr…. Read More

The Economy and Manufacturing – Healthy or Not?

Over the last few months we’ve heard concerns about the economy.  Bottom line seems to be declining a bit, but still strong.  Manufacturing, however, may be more concerning.  So what’s the story?  On 11/1 the jobs report was apparently better than anticipated, so we appear to be Ok overall.  Yet, manufacturing is our interest at Proficieint Sourcing and things seem to be slowing just a bit. We found a couple of reports that provide some evidence… Read More

Outstanding Economic Forecast! FREE EVENT

The CPA firm, Barnes Dennig, has focused on manufacturing, and has sponsored an annual Manufacturing Seminar.   This a terrific annual event, and this year’s will be on Wednesday morning, November 6, 2019.  We cannot recommend it more highly and it’s FREE.  However, if you are not on their list for attendance, the event has become so popular that to attend you need to contact Barnes Dennig directly:  https://www.barnesdennig.com/. Here’s the event’s description from the Barnes… Read More

What Proficient Sourcing Can Do For You!

Proficient Sourcing has had interesting projects lately that illustrate how we can help OEM’s looking for supplier candidates. Over the past year or so we have concentrated on providing great supplier candidates for equipment builders and machinery OEM’s, and below are 2 projects in our wheelhouse. Some time ago we were contacted by a European machinery company looking for a gantry milling source. This company was in the process of establishing an assembly plant in… Read More

The Real China: Read it and Weep

A friend sent us this piece by History Professor Victor Davis Hanson, and we think it’s good enough to pass along in its entirety. By: VICTOR DAVIS HANSON October 3, 2019 6:30 AM A man stands in front of riot police officers during a protest in the Sham Shui Po district of Hong Kong, China, October 1, 2019.(Athit Perawongmetha/Reuters)But did she wake up just in time or too late? In these times of near civil… Read More