blog

CFO’s Economic Forecast

CNBC’s Global CFO Council is a group of the world’s top CFO’s, and this group issues quarterly outlooks for the largest global economies, as well as other economic forecasts.  These outlooks occur in categories such as “improving”, “modestly improving”, “stable” and “modestly declining”.  China’s economy continues to get the highest “grades”. As we all know, the global coronavirus has depressed virtually all economies one way or another, and in the US, for example, such businesses… Read More


High Volume Powder Coating done FAST

You require powder coated painting, and your metal parts are unusually large, and you may have a significant quantity of parts to be painted.  Not only that, but you need fast turnaround and, of course, want competitive pricing. We may have just the answer you need! We feature a company with an unusual capability—not only high volume production powder coating, but a special automated paint line with high headroom.  This means your larger parts can… Read More


The Supplier “Fires” a Customer! Now A New Supplier is Needed – FAST

Proficient Sourcing exists to help buyers find excellent custom manufacturing suppliers.  We have a large network of possibilities for supplier candidates and referrals.  Click here for a listing of capabilities. Occasionally the buyer’s company has issues that impede a good search, and in those cases we can have a very helpful role.  Here’s an example: Recently we were contacted to assist in a situation where a supplier wanted to “fire” a customer.  Ultimately we were… Read More


US Economic Forecast – Coronavirus Spike

Given the recent spike in coronavirus cases, what’s the latest US economic forecast?  Cynics would note if you take a dozen economists in a room you’ll get a dozen different opinions.  This is probably more true in the highly partisan political climate, adding more confusion. So we listened to a video from ITR Economics, a non-partisan forecasting firm in New Hampshire that has a pretty good record of accuracy.  And the good news is ALL… Read More


Economic Forecast and Reshoring News

The next couple of years should be good growth years for the US, and us in OH.  A time for expansion and taking advantage of good times.  All the economic indicators they use are upward pointing even with an uncertain virus situation.  Reshoring into the US should continue, as this is the place to be for manufacturing! This is the headline from ITR Economics in a webinar we saw recently.  ITR is a firm that… Read More


Target Pricing: Good Idea to Share with Prospective Vendors?

Recently we introduced a potential supplier to an equipment OEM.  The OEM has several fairly large machine parts they want to source to new machining sources.  The desired vendor will be capable of handling thousand pound steel parts, which require complex machining operations.  Not quite 5-axis, but their parts have very intricate details. Typical machine shops do not have the quality infrastructure to be comfortable with such requirements or size, and since the OEM’s parts… Read More


Machining Capability-Much More than the Typical

High precision milling and turning!  ISO quality, large parts and ability to handle high volumes, or complicated one-off’s.  All available in a single source! Do your machining needs require more than the typical shop offers?  We have seen many requirements between the standard machining size work and the gigantic.  Thousand pound parts, for example, exceed the capabilities of many “normal” machine shops.  So if you have such a need, we have a shop with much… Read More


Prominent Article, but Bad Advice

A major business magazine recommends NOT answering RFQ’s.  What baloney!  We strongly disagree. Proficient Sourcing’s business involves responding to buyers seeking new manufacturing suppliers for custom parts or assemblies.  In most cases the buyer needs a NEW supplier because of any of several situations.  In these cases the buyer depends upon a responsible response to the inquiry, which is usually a drawing, sometimes with specs, and a request for quote. Amazingly, we found an Inc… Read More


Payment Terms – Fair or Large Company Arrogance?

Recently a major US corporation announced a new policy in order to “raise money for investment” in their operations by extending their payment terms to net 90 days. This was heralded by some news outlets as a wise maneuver, and would permit the corporation to invest in new facilities, buyback stock, or some other helpful things. We wonder helpful to who? How about the effect on their suppliers? Not mentioned! This giant company arbitrarily changed… Read More


The Supplier You Need We Can Probably Find–FAST

Proficient Sourcing has a varied and extensive network of experienced and capable job shop suppliers.  You can find a list of our capabilities here. Our claim to fame, in addition to having candidates at the ready is that we can find suppliers FAST.  Here are just a few examples of possible supplier candidates that were NOT in our network at the time. A Texas OEM needed a neighboring supplier for custom aluminum extrusions.  In a… Read More