The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) fell to 48.7 in May from 49.2 in April. The latest figures keeps the index in contraction territory for a second straight month. The index has now contracted for 18 of the past 19 months. The May reading was... Continue Reading
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From WallyBot AI When equipment is down, productivity and profitability take a big hit. Implementing a preventative maintenance program for your heat treat equipment is crucial for several reasons: Increased Profit Margins: A well-executed preventative maintenance program helps avoid... Continue Reading
A positive, aligned organizational culture is easy to recognize: Productivity soars, employees are satisfied and empowered, processes are clear and effective — in short, everything seems just to hum like a well-oiled machine. Many organizations stumble when trying to understand how to... Continue Reading
Finding qualified workers is a #1 need of every industry. Recent surveys indicate heat treaters need an average of 3 workers per company to keep up with the production demands by customers. In June, MTI launched its much anticipated Jobs of Tomorrow docuseries that includes 6-episodes... Continue Reading
One of MTI’s marquee events on a regional basis is the Midwest Chapter Golf Tournament and Dinner. This year’s event will be hosted on August 20th at the Geneva National Golf Club in Lake Geneva, WI. Members from all across the Midwest, as well as about a dozen executives in the YES... Continue Reading
Continuous improvement starts with people, not a process or methodology. Many companies express the need for continuous improvement. But have you ever stopped to ask why so many of these improvement efforts fizzle? More specifically, why are continuous improvement efforts not... Continue Reading
U.S. job openings fell more than expected in April, pushing the number of available jobs per job-seeker to its lowest in nearly three years as labor market conditions soften in a manner that could help the Federal Reserve's fight against inflation. Job openings, a measure of labor demand, were... Continue Reading
The MTI Board of Trustees and the Heat Treat 4.0 Task Force are thrilled to announce the launch of the MTI Jobs of Tomorrow docuseries. This engaging and informative series, comprises six professionally produced, 22-minute episodes that cover: The fundamentals of heat treating How heat... Continue Reading
The UK manufacturing sector is a powerhouse, steeped in history and filled with cutting-edge expertise. Today’s conversations within the industry are filled with hot topics, from Industry 4.0, to smart factories, digitalization, and the Internet of Things (IoT). However, the younger... Continue Reading
Most people don’t want or need their boss to be their BFF, they just need someone who’s got enough EQ to help their professional development. Few topics are more widely researched in the social sciences than leadership. Academics have exhaustively studied the traits, attributes, and... Continue Reading
No business with multiple employees succeeds in silence. Communication in the workplace is vital to the success of everything from basic day-to-day operations to empowering people to innovate. While people may have a range of interactive abilities, their communication skills might not always be... Continue Reading
"Employees are going to change the workforce and the way that companies engage and care for them as a whole person. This is a good thing as it's going to make the working world a kinder place to be," says Jen Fisher, chief well-being officer, Deloitte. Due to the life-altering experience of the... Continue Reading