We’ve spoken about Lean Manufacturing many times on our blog, and it’s a term that most people are familiar with. There are many different ways that lean manufacturing can be implemented in a business; Takt Time is one of the… Read more »
Aerospace Sector Soars Above Economic Turmoil
The aerospace and defense industry is one of the few sectors in manufacturing that is currently not only surviving but thriving amid the recession, despite the grim predictions for job losses and bankruptcies among other Canadian manufacturers, plummeting oil prices,… Read more »
Lean Manufacturing Principles
According to Wikipedia, “lean is centered around creating more value with less work.” Lean manufacturing is basically creating a more streamlined process where we learn from our mistakes and reduce waste – whether physical waste or wasted time. It uses… Read more »
AMIS – Ontario’s Advanced Manufacturing Investment Strategy
Lines of credit have almost completely dried up in this recession, and it’s harder than ever for businesses to fund their new development projects. Ontario’s Advanced Manufacturing Investment Strategy (AMIS) is a great venue for Ontario manufacturers to pursue. What’s… Read more »
Save Money & Make Smart Decisions When Purchasing From Foreign Sources
Cambridge area manufacturer Purchasing Manager Walat Yasin offers the following advice to fellow companies: Buying foreign has become of great interest to our company recently, especially as we have the order quantities to justify the purchases and save significantly. We… Read more »
March Outlook on Business
The Canadian Manufacturers and Exporters association has just released their March survey. Each month they survey over 700 companies on business conditions. The results for the month of March? Canadian manufacturers are more optimistic about the coming quarter than they… Read more »
Ontario Provincial 2009 Budget
The proposed 2009 Ontario provincial budget, released March 26th, 2009, puts forward new tax measures intended to build on the government’s “5 point” economic plan. Understandably there is much controversy about the spending plans, and many Ontarians are expressing concern… Read more »
EI and Bankruptcy Filings Dramatically Increasing
The number of Canadians filing for bankruptcy and unemployment benefits rose significantly in January, according to new numbers released Tuesday by The Office of the Superintendent of Bankruptcy Canada. More than 117,000 Canadians filed for bankruptcy over the period of… Read more »
Chrysler Threatens Shutdown of Canadian Operations
Last week’s threat by Chrysler to close Canadian plants if it doesn’t win big concessions from the CAW is possibly one the most troubling announcements since the beginning of the auto industry meltdown. Tom LaSorda, Chrysler president, said the company… Read more »