Can you predict the future? While many, from stock traders to meteorologists may claim to be able to, there’s really no crystal ball that can ensure accuracy. Still, businesses must forecast demand. After all, demand projections are critical to customer… Read More »How to Create an Accurate Demand Forecast
Which U.S. Government Agencies Regulate Imports and Exports? The Department of Homeland Security (DHS) is the parent agency of the CBP. Visit DHS’s site to find more critical information required for importing and the necessary forms to fill out for… Read More »Download a Quick Guide to Import & Export Documents
There are two ways in which inaccurate product costing can affect a business. If you set your prices too low, you might lose potential profit. Yes, sales may increase, but it won’t be sustainable in the long run. If you… Read More »Product Costing in 7 Simple Steps
Written by M. Iannuzzi Edited by V. Killian on November 14, 2023 When an Original Equipment Manufacturer (OEM) receives parts for assembly and further development, they only see their product’s journey. The rods, connectors, and bearings had to change shape… Read More »How to Improve Operational Performance
You have a great product, but local manufacturing costs are skyrocketing. Or you want to meet the rising demand for your product by accelerating time to market. But there’s no way to optimize internal manufacturing processes. What do you do?… Read More »How to Find the Right Component Manufacturer for Your Product
Sometimes poor quality from a vendor isn’t the vendor’s fault. (Oops, we said it.) By: Mary Iannuzzi on October 23, 2019 / Edited: Victoria Killian on March 13, 2023 There are five significant steps at the beginning of an… Read More »Quality Checklist For Sourcing Custom Parts Overseas
By M. Iannuzzi on October 2, 2019 / Edited by V. Killian on January 23, 2023 How do you read the Harmonized Tariff Schedule? How will it affect the price of your parts? It’s a lot to keep up with.… Read More »How To Read The Harmonized Tariff Schedule (HTS) – Tariffs on China
By V. Killian on November 29, 2022 When is the Lunar New Year holiday 2023? The Lunar New Year is typically seven days long in China but can differ from country to country. The dates change yearly because the festival… Read More »Preparing for the Lunar New Year – 2023
Michigan Manufacturing International (MMI), a manufacturing partner for original equipment manufacturers (OEMs), has recently obtained ISO 9001:2015 certification for its manufacturing and distribution facility located in Stevensville, Maryland. MMI Specializes in Engineering, Manufacturing, and Delivering Products and Components to OEMs… Read More »Michigan Manufacturing International ISO Achieves 9001:2015 Re-Certification
Organizations rarely take operational risks as it often means dipping their foot in unknown territory. As such, most traditional manufacturing companies have an established set of best practices. Traditional manufacturing and supply chain processes are rigid. Time and again, we… Read More »What is Additive Manufacturing?