Reentering the job market can be difficult for many armed forces veterans, especially if they lack marketable skills. Add to this the need for qualified CNC machine operators and you have a perfect reason for the Gene Haas Foundation to donate to San Diego, CA based Workshops For Warriors (WFW).
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Tags: CNC Machines, Events, Finance
One of the oft-heard complaints from CNC shop owners is the amount of time it takes to train new hires on policies and procedures. Add to this taking your experienced employees away from producing parts to help train the new people, and your costs begin to add-up in a hurry.
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The cost of owning and operating a CNC machine is much more than the initial purchase price. It also includes the routine maintenance any machine requires. If technical service and replacement parts are not readily available, you can add the expense of excessive downtime to your overall cost. That’s why Haas CNC and your Milwaukee Haas Factory Outlet provide all of this and more:
Read MoreTags: HFO (Haas Factory Outlet), Finance
Running a CNC machine shop means wearing a lot of hats. You find the work, see that the work gets done, bill and collect payments, hire, train and develop your team, deal with problem employees and government regulations, and, of course, keep a careful eye on your finances.
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Most CNC shops have one or more credit cards they use to help manage their finances, which makes perfect sense. However shop owners may not be aware that certain safeguards governing our personal credit cards do not apply to the business cards we use. The federal government’s Credit Card Accountability, Responsibility and Disclosure Act of 2009 (CARD Act) provides a number of protections for consumers against fraud liability, unfair rate hikes, late fees, over limit fees and more, but these safeguards do not apply to business credit card holders.
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Reportedly the federal government is taking a much closer look at how workers are classified and if employers are abiding by appropriate employee wage and hours laws. For CNC machine shops, a major concern is the distinction between non-exempt and exempt employees.
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When machine tools are not making chips you’re not making any money. Fortunately you can reduce or eliminate the main reasons machines go down with these 7 ways to reduce CNC machine tool service costs.
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Investing in new equipment is no small matter for a CNC machine shop. Especially in the case of a machine tool or machining center. Making the right purchase can increase throughput, reduce your cost of operation and improve part quality and customer delivery time. So there’s a lot riding on your decision. Which means you need to ask yourself some important questions about the kind of machine you need including:
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Carefully monitoring costs is not a matter of choice for CNC machine shops. It’s a necessity. A modest increase in material, labor or cycle times can mean the difference between a competitive bid and a losing one. In the same way, any cost savings may help a shop win and retain customers as well as adding to the profit line on the P&L statement.
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For many years all aspects of business have been under intense pressure to drive down costs so we can be more competitive and profitable. Perhaps nowhere is this pressure more intense than in manufacturing. Of course, there are a number of ways to reduce production costs, and you have most likely addressed many of them. Even so, it’s always a good idea to take a fresh look at your operation to see if you’ve overlooked anything.
Read MoreTags: Productivity, Technology, Robotic automation, Finance