Owners Panel: Exiting Your Business On Your Terms

Owners Panel: Exiting Your Business On Your Terms

A Business Exit is Inevitable All business owners must consider a transition from their company, whether they’re ready to leave now or 20 years from now. Studies show that without proper planning, only 20 percent of businesses are sold. That means 80 percent are not sold, which translates to lost…

The Primary Forms of Waste (And How To Eliminate Them)

Nearly fifty years ago, Shigeo Shingo (Toyota Motor Works Engineer) identified what he called the ‘primary forms of waste’. These forms of waste are nearly universally discoverable in every manufacturing environment. The best definition of lean might be: “A systematic approach to identifying and eliminating waste…” Simply identifying waste does…

Acting Fast to Slow Machinist Turnover

This article originally appeared on Industry Week. Guest blog post by Linda Wechsler, senior consultant at OMEP. Paola Castaldo, managing consultant, and Russ Gaylor, manufacturing consultant, also contributed to this article. How an Oregon components maker closed the gaps in its training and development program A.R.E.

Oregon Equal Pay Act: What Employers Need to Know

Potential exposure for a violation of Oregon’s Equal Pay Act is considerable Employees alleging unpaid wages or pay equity discrimination may be awarded two years of back pay, compensatory and punitive damages, and attorney fees. Unlawful practices under the law include: Discriminating between employees on the basis of an employee’s…

Holiday Reading List

The holidays are a great time to curl up with a book in between all the hustle. Here at OMEP our team reads many books. I put together some recommendations for anyone interested in manufacturing, business growth, and leadership. Enjoy your book, and come back to work in the new…

The Formula for Successful Manufacturing Leadership

A while back, I asked my kids to “rake the leaves”. When I checked on them 2 hours later they had raked the leaves, but were now busily spreading raked leaves everywhere, diving into them with enthusiasm.  They were having a great time raking the leaves, but leaf pile jumping…

2018 MFG Day Re-Cap

Another Manufacturing Day in the books! Although manufacturing Month lasts all year, many Manufacturing Day events take place on the official MFG Day, October 5, 2018. Over 2,700 events were celebrated nationally, with many more scheduled throughout the year. Get all the details here 2018 Oregon Manufacturing Day Highlights…

Manufacturing Day 2018!

WHAT IS MANUFACTURING DAY? Manufacturing Day® is a celebration of modern manufacturing meant to inspire the next generation of manufacturers. Although Manufacturing Day® officially occurs on the first Friday in October—this year being Oct 5, 2018—any day can be a Manufacturing Day®. Companies and community organizations should plan their events on…

Lack of Skilled Applicants Leading Cause of Unfilled Manufacturing Positions

A recent report by the Oregon Employment Department’s Workforce and Economic Research Division identifies Oregon’s current workforce gaps and future workforce needs. Manufacturers won’t be surprised by these results. Lack of applicants is the leading cause of unfilled positions, followed closely by a lack of skilled / qualified candidates and…

Meet the Champion: Dan Wahlstrom, Lean Manufacturing Engineer, Simonds International

As the oldest cutting tool manufacturer in North America, Simonds International has learned to maximize the value of the industry’s latest technologies. That penchant for innovation is one reason Simonds’ Portland plant adopted lean manufacturing and Energy Trust’s Strategic Energy Management (SEM) offering at the same time. The goals of both…