Plastics Today August 28, 2020 – Your Approach to Costing Might Be Killing Your BusinessProfitability is a delicate balancing act between what it costs to create the product and what the customer is willing to pay. As a plastics processing business owner, you probably have your way of calculating costs. While there is no single, best method, how you choose to implement costing can make or break your bottom line. Continue Reading

Plastics Technology March 12, 2020. Why – And How – You Should Be Tracking Regrind. Ask yourself these questions to decide whether you need to implement a system to manage your scrap.   Regrind can be a tremendous asset, a costly liability, or just an afterthought taking up shelf space. For plastics processors who use or produce regrind, steps should be taken to track and manage it like any other material. However, this can require time and effort; and is not necessary in all cases. Here are a few questions to help you determine whether tracking regrind is right for your operation.

Plastics Technology March 4, 2019. Are We Having a Good Day? Real-Time Production Data Has Answers for a Custom Blow Molder. “Information automation” is one of the keys to running a successful custom blow molding business for Meredith-Springfield Associates. ”We use automation as much as possible,” says Mel O’Leary, president, CEO and co-founder of custom blow molder Meredith Springfield Associates (MSA) in Ludlow, Mass. He points to an automated box filler that indexes empty boxes into position below the end of the conveyor taking finished bottles from a blow molder. The box is shaken gently and continuously to settle the

Plastics Machinery Magazine, February 1, 2019 ERP system helps Precimold boost profits. Problem: Inadequate and incomplete production data hampered profitability, efficiency and growth at one custom injection molder. Solution: An enterprise resource planning system tailored to the plastics industry provides key data that better informs pricing, purchasing and scheduling decisions.Implementing an enterprise resource planning (ERP) system has helped custom injection molder Precimold turn unprofitable part runs into moneymakers. Precimold, Candiac, Quebec, produces high-precision parts for the automotive, defense, medical and electronics markets. The company has 75 employees, 20 injection molding machines and 200 active product lines it molds for its