Canadian SME manufacturers strive to scale profitably while coping with global economic shifts, trade rules, and constantly morphing competition. A common obstacle to profitable growth is inefficiency caused by error-prone data entry, paper-based tracking, inaccurate inventory, quality challenges, and unnecessary waste.
The situation is compounded by multiple combinations of disconnected or
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On July 15, 2019, the Canadian Tooling & Machining Association (CTMA) and the Ontario Provincial Government announced the launch of the Career-Ready with CTMA program – a new hiring program in partnership with Mentor Works Ltd. This program is helping close the skilled trades gap in the Machine, Tool, Die
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Small business events provide opportunities for business professionals to grow, network, and stay competitive. Not only are they exceptional learning forums where one can hear industry leaders speak, but they also enable attendees to network with peers, connect to customers, learn about competitors, and spark innovation.
This August, consider attending a
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Companies need working equipment to operate efficiently and generate revenue. In fact, many organizations rely exclusively on a few pieces of specialized equipment to run their entire business. Following a breakdown, major losses can occur and many organizations turn to equipment breakdown insurance.
This is one of the most important parts
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Ontario-based automotive suppliers are constantly seeking high-quality manufacturing employees. Recruiting youth workers is a great way to build your team, which is why the new Career-Ready with CTMA program has been launched, starting today, July 15. The program is specifically designed to close the skilled trades gap in the Machine,
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Precision Fab Inc. (PFI) is an ISO 9001 certified manufacturer of metal racking for the automotive, aerospace, and material handling industry. Headquartered in Aylmer, Ontario, the company operates three North American manufacturing facilities and continues expanding its operations through strategic investment projects. In recent years, Precision Fab has used Canadian
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Canadian manufacturers can access a broad spectrum of government grants and loans to offset strategic growth project costs. In fact, Canadian government funding for manufacturers tends to be more widely available than for any other industry segment, making industrial companies well-aligned to access financial incentives. While manufacturers in some provinces
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New challenges arise every day when organizations grow at a rapid pace. With the right information, these challenges can be turned into opportunities; however, in normal business conditions, such opportunities may be hidden due to a lack of visibility or transparency in business processes. This is where enterprise resource planning
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Traditional approaches to business budgeting often rely on adding or subtracting from previous budgets according to anticipated changes over the coming period. While this approach can provide reasonable budgets, it can also instill the wrong mentality in employees.
With the traditional approach to budgeting, people try to make sure they’ve spent
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What can a risk manager learn from today’s major recalls and the large amount of media attention they attract?
For consumer goods manufacturers and distributors, it serves as a wake-up call to the impact of a product recall event and a lesson in what should be done now to prepare
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