Coronavirus/Covid-19 Information & Updates for Manufacturers

Recent global upheaval has forced organizations to pivot in their planning. Did you do this successfully?

Do you have written goals and objectives that drive the behavior and decision-making in your organization? Strategic planning is a structured process that involves envisioning a desired future for your manufacturing business, and subsequently converting this vision into a set of defined goals and actions plans to achieve the vision. The Strategic Planning Process aligns your

NYS Manufacturing Spikes

The Federal Reserve Bank of New York’s Empire State Manufacturing Survey showed NY manufacturing growth jump to its highest level in three years.  The business conditions index was up +8.9 points to 26.3 led by increases in New Orders (+17.8 to 26.9 a record), Unfilled Orders (+17.2 to 21.2) and Delivery Times (+16.7 to 28.1). 

US Manufacturing Highest Since 1983

The Institute for Supply Management’s PMI Index for March 2021 registered 64.7, its highest level since December of 1983, indicating significant growth in manufacturing nationwide (a reading above 50.0 indicates expansion).  Of the 18 sectors tracked by the survey, 17 reported growth and none contracted.  This expansion is occurring despite some significant headwinds.  According to

ERP 2021 – Why Your Next ERP Implementation Will Most Likely Fail

I started this blog thinking I was going to write about the popular and sexy trends in the ERP industry for 2021.  I got about half way through writing this and then a voice in the back of my head kept saying that none of this will matter to over half the small manufacturers in

ACV Auctions IPO is a Win for the Region and for (Some) Buffalo Angels

Congratulations to Buffalo startup company ACV Auctions, which completed its’ Initial Public Offering of stock on the NASDAQ exchange on Wednesday at a close of day market valuation of $4.8 Billion.  ACV is a rapidly growing auto dealer online auction platform that is having a huge impact on the Western New York economy. The Buffalo

How Does the Cybersecurity Maturity Model Certification (CMMC) Affect Your Company?

With a cybersecurity threat risk that shows no signs of subsiding, the Department of Defense (DoD) has dictated that Cybersecurity Maturity Model Certification (CMMC) will be a requirement for any participant in the defense contractor supply chain, as a non-negotiable condition of doing business and working with the DoD. Therefore, all contractors already doing business with

Restaurants = Manufacturers?

by Jim Johnson, Insyte Consultant As a manufacturing consultant I, at times, use analogies to try and get a point across as I am training or having a conversation with leadership and shop floor employees. One of the analogies I use is comparing manufacturers to restaurants. After a get a quizzical look, I explain my

More Good News for NYS Manufacturing

The NY Federal Reserve’s Empire State Manufacturing Survey indicates growth in NYS manufacturing by increasing 5.3 points to 17.4, its highest level since last summer (a reading above 0.0 indicates growth).  Shipments, Unfilled Orders, Delivery Times and Average Employee Workweek were among the constituent indices that were up.  All was not positive as the Prices

Workshop: Succession & Transition Planning for Key Team Members – March 11th

Practical and interactive virtual workshop in which participants will learn about and develop an initial transition and succession plan for their business. When & Where: Thursday, March 11th 9:00 am – 11:00 am Virtual Workshop: Link and materials will be emailed to registrants prior to workshop Cost: $50 per person Registration*: Click Here *Registration is

Area Manufacturing Well-Represented in Power 250

The first portion of the Power 250, Business First’s annual list of “powerful people,” contains a large helping of manufacturing owners, operators and supporters, as you’d expect for an industry that provides 65,000 jobs and billions in GDP for WNY.  John Somers of Harmac, Sealing Devices’ Terry Galanis, Jr., Peter Coleman of the Buffalo Niagara