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Making Chips Podcast for Manufacturing Leaders

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Mar 29, 2024 • 40min

SZN1: Should Women Entrepreneurs Choose the Manufacturing Industry? 401

POV: You’re a woman with an entrepreneurial edge. You want to start a business. Why not consider the manufacturing industry? There are only 6,431 women-owned manufacturing businesses in the United States (representing just 2% of all manufacturing companies). 20% of them are minority-owned. This industry needs a woman’s perspective and expertise. So what does it take to get into the industry? Nicole Wolter—the President & CEO at HM Manufacturing—shares her advice for budding female entrepreneurs in this episode of MakingChips.  Segments [1:22] Join the AMT Community!  [3:03] Manufacturing News: U.S. Women-Owned Manufacturers [7:04] Becoming a certified woman-owned business [15:11] Get NetSuite’s KPI Checklist for Free [16:43] The manufacturing industry is changing  [21:52] What Nick tells his daughter about manufacturing [25:20] Hiring more women in manufacturing  [30:53] Nicole’s advice for budding female entrepreneurs Resources mentioned on this episode Join the AMT Community!  What is a Woman Manufacturing Leader? Connect with Nicole on LinkedIn U.S. Women-Owned Manufacturers Infographic  Benefits of Becoming a Certified Women-Owned Business Get NetSuite’s KPI Checklist for Free Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Mar 22, 2024 • 36min

Lights Out: How to Prioritize Flexibility when You Invest in Automation, 400

POV: You’ve decided to start the process of implementing automation in your machine shop—but it isn’t as easy as flipping a switch. It’s a process that consists of failing forward and learning from every mistake. Tom Schroeder—the Executive Vice President at PBC Linear—joins us in this episode of Lights Out to share how to prioritize flexibility when you invest in and begin to implement automation in your shop. Because if you’re not making the right chips, you’re not making money. – Nick Segments [1:28] Learn more about Kaleb Mertz [4:04] Today’s guest: Tom Schroeder  [5:16] What's the Chip on Your Shoulder?  [11:44] PBC Linear’s investment in an MCM  [16:52] Get NetSuite’s KPI Checklist  [19:31] Managing high mix low volume  [23:40] Steps to take before automating  [27:11] Why automation is necessary  [30:00] Innovation = learning to think differently  [32:30] Automation doesn’t take away jobs  Resources mentioned on this episode Get your free KPI checklist from NetSuite by Oracle!  Kaleb Mertz on LinkedIn Tom Schroeder on LinkedIn Episode #399: Do We Need More Manufacturing Entrepreneurs? Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Mar 12, 2024 • 44min

Do We Need More Manufacturing Entrepreneurs? 399

There are around 17,000 contract manufacturing job shops in the US. That sounds pretty great, right? The truth is that growth is down 16% since 2008. Now, more than ever, we need new entrepreneurs in the manufacturing industry. Matthew Nix, Paul Van Metre, Drew Crowe, and Mike Payne join me in this roundtable discussion to talk about the vast opportunities available, how to take advantage of them, and why manufacturing leaders should encourage and grow entrepreneurs from within their businesses. Because if manufacturing isn’t growing, we aren’t MakingChips, and we aren’t making money. BAM! – Nick Goellner Segments [1:41] Matthew Nix, Paul Van Metre, Drew Crowe, Mike Payne [2:33] Manufacturing News: Leverage AMT’s custom research [11:07] Our reaction to the declining number of job shops [18:02] What Mike looks for in an acquisition [23:55] Join the AMT community! [24:48] Why every shop can leverage an ERP [28:00] There are vast opportunities available [33:55] Why you should grow future entrepreneurs  Resources mentioned on this episode The benefits of joining the AMT community  ProFab Alliance Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Mar 5, 2024 • 30min

MakingSparks: Staying Connected through Your Front Line Leaders Part 2, 398

How can leadership remain connected to what’s happening on the shop floor? At Nix, we’ve found a creative way to bridge a gap that many businesses experience. We’ve implemented a program that allows our front line to address problems and propose solutions so that their everyday real-world problems are being fixed. Dakota Hunt and Jack Henry Hagan return to share how this program has positively impacted them and the business.  – Matthew Nix Segments [1:03] Netsuite by Oracle’s CFO's Ultimate KPI Checklist [4:56] Casey’s dad joke (stolen from his five-year-old) [5:41] The essential part(s) of an improvement program [15:48] Spark of Knowledge: Business development [16:59] Why communication is critical for success [19:37] The most rewarding part of this industry [21:55] The importance of a culture of respect Resources mentioned on this episode Netsuite by Oracle’s CFO's Ultimate KPI Checklist Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Feb 27, 2024 • 27min

MakingSparks: Growing Shop Floor Front Line Leaders Part 1, 397

How do we recruit more young talent to fabrication? How do we navigate rapid growth balanced with training and development? How do we help develop young talent into our future leaders? These are just a few questions we wrestle with in this episode of MakingSparks with special guests Dakota Hunt and Jack Henry Hagan.  – Matthew Nix Segments [0:48] Join the AMT online community  [2:14] Introducing Jack Henry Hagan & Dakta Hunt [3:47] Casey’s dad joke [4:16] Dakota’s background in fabrication [8:27] Jack Henry’s background in fabrication [11:24] Sparks of Knowledge: CRMs [13:45] Why fabrication is rewarding work [16:28] Dos and don’ts for bringing in young talent [21:38] How to handle rapid growth  Resources mentioned on this episode Join the AMT online community  ProFab Alliance Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Feb 20, 2024 • 38min

MakingSparks: Manufacturing Precision and Processes with BWXT GM Nate Foote, 396

BWXT Mount Vernon produces components for naval nuclear reactors, used in submarines and aircraft carriers. Their sprawling facility is home to CNC machine tools and sophisticated welding and heat-treating equipment. In this episode of MakingSparks, General Manager Nate Foote shares more about their commitment to processes, their recruiting practices, and why the work they do is incredibly important.  – Casey Segments [1:09] Learn more about AMT [2:38] Introducing special guest Nate Foote [7:57] Casey’s dad joke [9:31] BWXT’s team-building process [13:54] Their program with a local high school  [15:39] Spark of Knowledge: Strategic Planning  [17:28] The recruiting strategies they leverage  [26:38] Get Oracle’s KPI Checklist  [29:42] BWXT’s involvement in niche markets [31:18] Their commitment to processes [35:38] What’s keeping Nate up at night [36:35] What Nate’s most excited about Resources mentioned on this episode Learn more about AMT Get Oracle’s KPI Checklist Connect with Nate on LinkedIn BWXT Mount Vernon Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Feb 13, 2024 • 44min

MakingSparks: How Technology Drives Innovation on the Other Side of Metalworking Nation, 395

What are the pros and cons of plasma cutters vs. water jets vs. lasers? How does cutting with nitrogen differ from cutting with oxygen? How is technology driving innovation in fabrication? R.J. Reed and Brendon DiVincenzo join us in this episode of MakingSparks to cover all things lasers and fabrication. Because if you’re not MakingSparks with the right tool, you’re not making money. BAM! – Nick Segments [0:19] FREE IMTS 2024 Exhibitor Workshop [2:17] Nick’s dad joke [2:43] Learn more about R.J. Reed and Brendon DiVincenzo [9:45] The definition of precision [12:16] The history of lasers in machining [19:28] Netsuite by Oracle’s Ultimate KPI Checklist [21:29] Plasma versus water jet versus laser cutting [25:55] Cutting with nitrogen versus oxygen [31:05] How technology is driving innovation [38:48] Are people still G-code programming? Resources mentioned on this episode FREE IMTS 2024 Exhibitor Workshop When the Machine Stopped Connect with Brendon DiVincenzo Connect with R.J. Reed Netsuite by Oracle’s Ultimate KPI Checklist “The Goal” by Eliyahu M Goldratt FABTECH 2024: October 15-17, 2024 Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Feb 6, 2024 • 36min

An Important Update on Jason Zenger and the Leadership Lessons We Learned from It, 394

On December 7th, 2023, Jason had a heart attack, the type well-known as the “widow-maker.” Miraculously, Jason survived. Then he survived a heart transplant. January 19th, 2024, he went home. Jason beat the odds. In this episode of MakingChips, we’ll share Jason’s miraculous story. We’ll also share some of the lessons we’ve learned throughout the last couple of months. Be ready to be awe-struck.  – Nick Segments [0:18] IMTS 2024 [2:01] Miracle #1: Making it to the hospital [8:35] Miracle #2: Getting a heart transplant [12:01] Miracle #3: Being near the right hospital  [14:41] Miracle #4: Hearing Jason on the phone [21:22] Netsuite by Oracle KPI Checklist [24:16] Takeaway #1: Focus on your health [26:59] Takeaway #2: Create an estate plan [29:23] Takeaway #3: Build a team you can trust [32:19] Takeaway #4: Don’t take anything for granted  Resources mentioned on this episode Jason’s CaringBridge page Netsuite by Oracle KPI Checklist IMTS 2024 Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Jan 30, 2024 • 45min

MakingSparks: Expanding and Transitioning a Family Business in Manufacturing with Joe Patterson, 393

Every family business that’s growing and expanding runs into some challenges. From navigating tough conversations with family to determining a centralized versus decentralized model, there are numerous things to consider. Joe Patterson’s family business overcame the challenges that came their way and expanded globally.  However, they had lofty goals for the business and ultimately needed more capital to realize those goals. Joe shares how they expanded their family business and why they sold the majority of their shares to private equity in this episode of MakingSparks. Listen to learn how you can help your family business make sparks, grow, and make money. Segments [1:20] Palo Alto Networks Zero Trust OT Security [5:03] Matthew’s dad joke [6:20] Learn more about Joe Patterson [10:50] Why Joe initially left the family business  [13:30] Sparks of Knowledge: Host “tryouts” [14:33] How to have the conversation with family  [17:05] How Flanders scaled the family business [20:51] Netsuite by Oracle KPI Checklist [22:23] The difference between offering services and products [24:40] A centralized versus decentralized model [31:35] Why the family decided to sell the business [40:08] How to join the AMT Community  [41:00] How to scale your family business  Resources mentioned on this episode Palo Alto Zero Trust OT Security Netsuite by Oracle KPI Checklist Join the AMT Community by reaching out to Chahn@AMTOnline.org or going to AMT Online Connect with Joe Patterson on LinkedIn Flanders Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube
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Jan 23, 2024 • 35min

MakingSparks: Embracing the Family Aspect of Business with Tad Dickel Part 2, 392

communication with your family? How do you foster open communication in difficult conversations?  Running a family business is full of unique challenges—and successes—that many other businesses don’t have to think about. But navigating those challenges doesn’t have to be difficult. Tad Dickel returns in this episode of MakingSparks to cover it all.  – Matthew Nix If you missed part 1, go back and listen HERE. Segments [0:56] Palo Alto Zero Trust OT Security [4:38] Casey’s dad joke [5:30] Common challenges family businesses face [7:28] Spark of Knowledge: Social media [8:40] How to have hard conversations  [10:07] Tad’s thoughts on family governance [16:50] The purpose of the family council [19:49] Palo Alto Zero Trust OT Security [21:24] Open communication is the goal [26:08] When a small business should start [31:10] Think about the future now [32:30] Thomasnet programs Resources mentioned on this episode Connect with Tad Dickel on LinkedIn T.A. Dickel Group Tad’s podcast Palo Alto Zero Trust OT Security The Family Business Consulting Group The Legacy Journey by Dave Ramsay Thomasnet Programs Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube

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