Economy

Jobs, Jobs, Jobs

Proficient Sourcing finds sources for primarily OEM’s seeking suppliers for some manufacturing requirement.  To do this we feature a very large and diversified network of proven suppliers with a history of happy customers. But nearly all of these companies are looking for employees, a situation evidently pretty widespread these days.  What’s going on with employment and employees? According to current news, the economy is great/awful, and employment is problematic/great.  So what’s the real story?  Why are… Read More


Need Improvements to Your Supply Chain?

We’re all about improving your supply chain.  Whether reshoring something or any of a myriad of possibilities, if you want excellent candidates for your outsourced manufacturing, we can probably help. Key areas of success have been large metal parts, such as machine bases, fabricated and molded plastics, domesticating ferrous (and large!) castings, tanks, pressure vessels, and even micro machined precision items.  We can also offer special ISO candidates for specific industries.  Here’s a partial listing of our… Read More


ESG Scoring: Useful or… Horsepucky?

Over the past several years many major funding organizations have become more interested in ESG scoring criteria for their decisions. We became interested in this because of 2 recent factors. One was the apparent increasing difficulty that fossil fuel producers are finding in obtaining new funding for their needs. And since this industry is capital intensive with long lead times, funding problems would surely contribute to the increase in fuel prices. So if there is… Read More


Supplier Visits: Important Clues About Prospective Suppliers

Several years ago a Business Leader Post article recommended visiting suppliers as often as feasibly possible.  The main reasons appear to be relationship building and the opportunity to discuss cost/scrap/quality and other production details that may be problematic. Proficient Sourcing’s business is finding excellent sources for your manufacturing needs (mostly metal and plastic machining/fab work).  To fully appreciate what a supplier can contribute to your business, a visit to the facility making your items can be… Read More


Energy Policy Affects US Manufacturing Competitiveness

Cheap and abundant energy is one factor that has helped the US manufacturing competitive position relative to global alternatives.  Reshoring has been enhanced by that very factor.  Over the past year we have all seen a number of factors influencing that position.  It’s not clear who’s gaining or losing, other than apparently Russia’s oil and gas revenue has not changed much. Or perhaps that’s not true.  It’s difficult to sort out the wheat from the… Read More


Data Presentations: Beware Of What You See

Many years ago we found a 1954 publication, How to Lie With Statistics by Darrell Huff. There were a number of useful thoughts in this book, which was an introductory presentation of how to use, and abuse, statistical data.  This ssubject is important enough to warrant another article.  All of us are subject to statistical presentations that may tell a distorted story.  Beware! If you are at all attentive to graphs, charts, and related presentations you are… Read More


Supply Chain Problems: Just the Beginning?

The past year has witnessed all manner of economic disruptions due to supply chain problems.  We have seen how these problems have interrupted and delayed manufacturing supply systems, and possibly given reshoring efforts an unexpected boost. Manufacturing over the past 50 years or so has required ever more sophisticated and complex use of new minerals to produce defense systems, computers and other electronic devices, exotic superalloys are now needed for many specialized purposes.  Among others,… Read More


Labor Shortage Solutions – Out of the Box!

Just about every day we hear news of labor shortages in this business or that business, and seemingly everywhere. Is there a retail business or fast food restaurant, or any restaurant for that matter, that’s not seeking employees? There are some unorthodox steps available to some businesses, and many of these are things we have direct experience in times past. Some were quite successful! When we attended a retirement party at a very large corporation,… Read More


Chips for United States

Big current news stories summarize nicely the economic effect caused by semiconductor chip shortages.  The big stories were car prices skyrocket and Intel, once the world’s #1 chip producer, is building an enormous chip factory near Columbus, OH.  Here’s the Reuters story on that: Jan 21 (Reuters) – “Intel Corp said on Friday it would invest up to $100 billion to build potentially the world’s largest chip-making complex in Ohio, looking to boost capacity as… Read More


Inclusive Economic Growth via Manufacturing?

A McKinsey & Company article of Jan 12, 2022 is labeled as part of the Davos Agenda. This alone gives us pause. Do you trust the Davos crowd for sound advice? Please let us know your view on this subject. In any case, among other things, this McKinsey author bemoans the decline of US manufacturing, as it’s driven inequality and hurt its global competitiveness. Further, revitalizing manufacturing could add lots of well-paying jobs with digitization… Read More