Manufacturing

Coronavirus and … you?

If your supply of manufactured items includes China, the coronavirus is probably on your mind. Everyone with a pulse seems to have heard of and is concerned about the coronavirus. Originating in China, companies shut, vacations and holidays extended, and the exact number of those affected growing. Death rates are not clear, but we heard tonight maybe 10-12 deaths have occurred in the US. Is your supply chain affected? Airline schedules are postponing/cancelling flights to… 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


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


Climate Change? Global Warming? We Have Questions

If you are confused by all the projections and claims from the climate changers, welcome to the club.  We read a few things recently, and so here’s a newsletter far from the beaten path of manufacturing OEM suppliers. For more than 20 years we’ve been bombarded with alarming predictions from all manner of famous and not-so-famous people, including prominent politicians from Al Gore to AOC.  The basic message has something to do with elevated greenhouse… Read More