5 Ways Vendor-Managed Inventory (VMI) Benefits Manufacturers

Posted & filed under Choosing a Parts Supplier, Improving Operations, Industry News, Tools & Technologies.

vendor-managed inventory warehouse image - photo by CHUTTERSNAP https://unsplash.com/photos/BNBA1h-NgdY

The last thing manufacturers want to think about when making complex products with many intricate parts is how they will manage the inventory required to build their final assemblies. Vendor-managed inventory (VMI) becomes an essential benefit when producing complex machine assemblies. For decades machine shops have offered managed inventory to simplify the manufacturing and assembly… Read more »

Nolte Celebrates National Manufacturing Day & Month

Posted & filed under Events, Nolte News.

October is National Manufacturing Month! Recognition of this month is dedicated to highlighting manufacturing, the opportunities the industry holds, and the economic impact it has. As a U.S. manufacturer and precision machining supplier for the manufacturing industry, Nolte is proud to recognize manufacturing as essential segment of the United States economy.¬†   Driven by over… Read more »

Developing the Next Generation of Manufacturing

Posted & filed under Industry News.

A decades long shift toward the four-year college track and away from education in skilled manufacturing trades has led to a serious deficit in human resources for a new generation of manufacturing companies that are trying to fill jobs. A recent article posted at The Hill online concerning this skills gap reports, ‚ÄúRetirements and new… Read more »

Meeting A New Generation of Manufacturing Challenges

Posted & filed under Industry News.

Today’s manufacturers are challenged by a marketplace that demands rapidly supplied products that are inexpensive, and tailored to meet specific needs. In order to stay profitable and competitive, businesses are seeking new customers in new markets, and often providing a wide range of product configurations and options to meet new consumer needs. Another challenge is… Read more »

Manufacturing Workforce Future Trends

Posted & filed under Industry News.

A recent study done by the Manufacturing Institute and Deloitte predicts a serious shortage in skilled manufacturing talent available to fill job vacancies over the next decade. The study sites two significant contributing factors to the increasing skills gap – economic expansion and baby boomer retirement. Along with retirement and economic expansion, other contributing factors… Read more »

Manufacturing – Attracting Talent Key to Future Prosperity

Posted & filed under Industry News.

According to a recent American Manufacturing News article, by 2030 only 41 million new skilled workers will be available to fill the 79 million jobs left open by specialized manufacturing talent retiring from the workforce. A long-term shift toward the four-year college track and away from education in skilled manufacturing trades has created a serious… Read more »

Bob Coster Named 2012 Recipient of the Frank T McGinnis Merit Award

Posted & filed under Industry News.

Nolte Precise Manufacturing is proud to announce that Bob Coster is the 2012 Frank T. McGinnis Merit Award recipient. This award, presented by the Precision Machined Products Association (PMPA), is the Association‚Äôs highest award, conferred only upon recommendation of the Executive Committee. Since 1943, the Merit Award has been presented to an honored PMPA member… Read more »

Nolte to Attend 2012 PMPA Annual Meeting

Posted & filed under Events, Industry News.

Nolte is proud to be a member of the Precision Machined Products Association (PMPA). An international trade organization that represents the interests of precision machined product manufacturers, PMPA organizes many events throughout the year to provide members with the opportunity to be involved and engaged in the industry. One such event is the PMPA Annual… Read more »

Nolte takes part in PMPA Washington DC Fly-In

Posted & filed under Events, Industry News, Tools & Technologies.

As a manufacturer of precision machined products, we, at Nolte, believe we have a responsibility to stay abreast of current legislation that impacts our industry. Decisions being made in Washington have a direct effect on precision machined component businesses. It is critical that we, as business leaders, not only stay informed, but make sure our… Read more »