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Boosting Business through Responsible Growth

May 02, 2018 by MAGNET Ohio

Article submitted by Bank of America For mid-market companies, business success and responsible growth aren’t mutually exclusive. In fact, prioritizing responsible growth is becoming increasingly important, and successful companies are making sustainability central to their growth strategies. Beyond good corporate citizenship, they are recognizing the intrinsic link between the strength of their business and that of the communities and economies in which they operate. Leading your growth with those goals in mind builds resilience and better solutions for the future. Consider the following: Responsible growth companies perform better. Companies that consider the impact of risks and opportunities on the environment, local communities and society may produce better financial results than those that don’t. Additionally, 90% of companies believe a sustainability plan is important for remaining competitive. Responsible growth companies attract investment. A 2016 study by MIT Sloan Management Review and Boston Consulting Group surveyed 3,000 executives and managers from more than 100 countries. Findings revealed that 75% of senior executives in investment firms agree that a company’s sustainability performance is materially important to their investment decisions, and nearly half would not invest in a company with a poor sustainability record. Ninety percent of executives see sustainability as important, but only

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MAGNET’S 2018 NORTHEAST OHIO MANUFACTURING SURVEY: EXECUTIVE SUMMARY

February 22, 2018 by Sam Wasylyshyn

HEADLINE The survey definitively shows that product innovation leads to more growth, while “grow your own workforce” strategies will be needed to fill the major labor shortages hampering small manufacturer growth. Emerging technologies like the Internet of Things (IoT), 3D printing, and digital manufacturing are beginning to enhance innovation and productivity, but still have significant room for adoption amongst Ohio’s small manufacturing businesses. ABOUT THE SURVEY Under the direction of the Ohio Manufacturing Extension Partnership (Ohio MEP), MAGNET: The Manufacturing Advocacy and Growth Network conducted a thorough survey of Ohio’s manufacturing base. Contributing approximately 20% of Ohio’s jobs (and driving in some regions up to 50% of Ohio’s economy), and generating a disproportionate amount of export revenues and Gross Regional Product, manufacturing is critical to Ohio. Greater than 95% of Ohio’s manufacturers are small (under 500 employees), and these manufacturers need to remain competitive both nationally and internationally to ensure our economy’s health. Ohio’s Development Services Agency and the National Institute of Standards and Technology, which runs the MEP, recognizes the importance of this sector and fuels MAGNET and the Ohio MEP program to directly serve and support innovation, efficiency, and growth in small and medium manufacturers. What manufacturers need

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Manufacturing is Facing a New Reality

February 06, 2018 by Sam Wasylyshyn

How Virtual Reality and Augmented Reality Can Help Keep Our Engineers Safe and Our Manufacturing Strong Recall how difficult it was to put together complex LEGO creations when you were a child or helping a child. Now, picture assembling a fighter plane from a room full of parts. Even highly trained engineers can benefit from technology to help improve consistency and quality. Virtual reality (VR) and augmented reality (AR) are making near-perfect assembly a possibility in the manufacturing space. By wearing AR glasses that use cameras, depth sensors and motion sensors to overlay images onto the real working environment, engineers and factory workers can visualize the exact bolts, parts, part numbers and instructions on how to assemble a particular component correctly. Lockheed Martin began using AR goggles and improved F-35 assembly time by 30 percent, in addition to increasing accuracy to 96 percent[1]. In order to remain competitive, businesses should consider the ways VR and AR can improve efficiency and supply chain productivity. According to a recent BofA Merrill Lynch Global Research report[2], AR platforms can provide companies up to 25 percent in cost savings on installation of equipment. Here are four ways VR/AR is disrupting the mid-market manufacturing space:

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Is Technology Your Thing? Connect with TechLink

February 06, 2018 by Sam Wasylyshyn

Why should you consider TechLink? To date: More than 1,270 technology transfer partnerships brokered between companies and 110 DoD labs or centers, including all 65 DoD labs that generate patented inventions More than 600 license agreements facilitated between DoD and companies nationwide, transferring over 1,000 DoD inventions to industry Facilitated 60% of total DoD licensing agreements over the past 10 years What does TechLink Specialize in? TechLink specializes in 10 technology areas: Energy, BioTech, Materials, Sensors, Photonics, Software/Info Technology, Military Technology, Electronics and Environmental Technologies. 4 Ways TechLink can help you: Actively market DoD inventions to industry nationwide Help companies evaluate these inventions and submit license applications Facilitate communications between DoD labs and companies leading to “win-win” license agreements for both parties Maintain the nation’s only comprehensive database of DoD-patented inventions, fully searchable through techlinkcenter.org Why should you believe in TechLink? Check out the TechLink technology database and the Technology Spotlight for regular updates on available technologies and contact information for the related Technology Manager. The Manager will help you assess the technology for your company needs, facilitate your connection with DoD, and walk you through the licensing process. Most DoD inventions have civilian and commercial applications. DoD technologies licensed by TechLink have generated

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Lightweighting 101: Time to Upskill Your Workforce

February 06, 2018 by Sam Wasylyshyn

In collaboration with Lightweighting Innovations for Tomorrow (LIFT) and other industry partners, Case Western Reserve University (CWRU) developed specialized programming for working professionals to increase their knowledge of lightweight metals and other advanced manufacturing technologies. The Lightweighting Certification includes distinct modules in: Polymers for Lightweighting – March 12-13, 2018 Additive Manufacturing – March 14-15, 2018 Advanced Materials – March 26-27, 2018 The Professional Certification Program in Lightweighting at CWRU is sponsored by Lockheed Martin Corporation and offered in conjunction with LIFT. In partnership with MAGNET, CWRU will offer an advanced manufacturing assessment for manufacturers participating in the LIFT courses to advance design in lightweighting through additive manufacturing. Target Audience Selected group of manufacturing companies that eager to learn the secrets to lightweighting. The courses are designed for incumbent workforce participants from industry and government with a bachelor’s degree or equivalency in a STEM discipline. This is a GREAT way to upskill your existing workforce. How to Enroll To Register contact Monica Dumitriu, MBA, Project Director, Siegal Lifelong Learning Program, CWRU, mxd2@case.edu, or 216-368-3804. Registration for the LIFT courses in March is available on the CWRU SLLP website: http://case.edu/cps/

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Additive Manufacturing Assessment

February 06, 2018 by Sam Wasylyshyn

This COMPLIMENTARY assessment will be available to the first 15 qualified manufacturers. Space is limited, so sign up ASAP at the link below: RESERVE YOUR ASSESSMENT TODAY Why should you consider doing an Additive Manufacturing Assessment? Additive Manufacturing is an advanced technology that might be a way for you to solve challenges in an unconventional way. Do any of the following issues affect your company? Additive Manufacturing is effective at solving them. Cost of Material Issues Design Constraints and Long Cycles Long Tooling Cycles Prototype Development Costs High Manufacturing Process Costs What Happens at an Additive Manufacturing Assessment? MAGNET’s assessment occurs over a 4 hour period and is composed of 4 steps: Step 1: Intro Meeting & Additive Manufacturing Presentation (At Your Facility) Step 2: Facility Walk-Through & Analysis of Production Lines Step 3: Detailed Executive Summary of Results, Recommendations, and Suggested Next Steps (Done off-site) Step 4: Follow Up On-Site Meeting to Share Recommendations Who is doing the Additive Manufacturing Assessment? Assessments are led by MAGNET’s industry expert Dave Pierson. Over the past 30 years, Dave has established himself as one of the country's leading authorities in the field of 3D and Additive Manufacturing through his work with the

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On-boarding New Hires: A Foundation for Employee & Organizational Success

January 02, 2018 by Donna Rhodes

What was your most memorable first day on a new job? How did your new manager make you feel on that day? As I reflect, I met the first day of each new job with excitement and anticipation. I wondered…will the job live up to my expectations? What will it be like to actually work with the people on my team? Will I fit in with the culture of the organization…the team? Will there be in place systems and an environment that allows me to be successful and flourish? I’m willing to bet many of you have had some of these thoughts cross your minds as you started your new jobs. An employee’s on-boarding experience is critical to his/her decision whether to stay with an organization or move on. If you’re the hiring manager, typically, you have as little as 30 to 90 days to convince the new employee that they have made the right choice in joining your company. This decision can even take six months to a year as studies indicate 70% of new hires will decide to stay or leave within their first six months of employment. The employee’s decision about this choice is important because of

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4 Investment Strategies to Pursue in 2018

December 20, 2017 by Sam Wasylyshyn

With 2017 soon to be in the history books and 2018 on the horizon, have you started to think about what investments you want to make in your company? As a refresher, did any of the following cross your mind in 2017? We have been operating in survival mode without a plan… My sales are stagnant/shrinking and I don’t have resources… I’m getting traction in the market, but I don’t know how to scale to meet my demand… I want to create a business that provides financial freedom... If you answered YES to any of the 4 statements, then 2018 is the year to act. MAGNET has the resources to help make this a reality for a modest investment. In fact, the average initial investment is around $3-5K. The MAGNET process is simple: We identify critical business needs, we prioritize a project plan, and we implement the needed improvements. 4 Investment Strategies If you are a small manufacturer that wants to make a change for the better in 2018 lets talk more: Matt Sinclair – 216-534-9626 or matt.sinclair@magnetwork.org

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SWOT and ISO9001:2015 – The Connection

December 18, 2017 by Gwido Dlugopolsky

Don’t underestimate the value of a good SWOT analysis. In fact, a good SWOT analysis will assist you in transitioning to ISO9001:2015 The four parts of the SWOT analysis: Strengths - What are the companies best practices? What gives you a competitive advantage over others? Weaknesses – What puts you at a disadvantage over others? Systems that are not fully effective? Opportunities – Potential areas of improvement? Areas you can exploit? Trends that could positively impact your business? Threats – Risk areas, Noncompliance? A good PEST Analysis will compliment the SWOT Analysis. A PEST Analysis identifies all of the various external political, economic, social, technological, legal and environmental factors that might affect a business. Managers then assess the risks that the identified factors pose and use that knowledge to inform decisions. How SWOT can fit into ISO9001:2015: Clause 4.1 and 4.2 (Internal and External Context of the Organization) Clause 6.1 (Risk and Opportunities) Clause 6.2 (Quality Objectives) Clause 7.1.6 (Organization Knowledge) If you would like to talk more about the ISO9001:2015 transition or would like a 3rd party facilitator for an upcoming SWOT analysis at your company give me a call or email. Gwido Dlugopolsky at 216-391-7766 or gwido.dlugopolsky@magnetwork.org

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Top 10 Sited Safety and Health Violations

December 13, 2017 by Gwido Dlugopolsky

One remarkable thing about the list is that it rarely changes.  The order may change but the top cited standards typically don’t change. Top 10 Sited Safety and Health Violations: 501 - Fall Protection 1200 - Hazard Communication 451 - Scaffolding 134 - Respiratory Protection 147 - Lockout/Tagout 178 - Powered Industrial Trucks 1053 - Ladders 305 - Electrical, Wiring Methods 212 - Machine Guarding 303 - Electrical, General Requirements Three of the 10 sited standards are directed at the construction standard (1926) while other fall within the general industry (1910).  It should be noted however that the general industry standard also has fall protection guidelines. Year after year, inspectors see the same on-the-job hazards, any one of which could result in a fatality or severe injury. More than 4,500 workers are killed on the job every year, and approximately 3 million are injured. By understanding these regulations you can improve your safety program and prevent injuries. Give me a call if you have any compliance doubts, or want to review OHSA regulations. Gwido Dlugopolsky at 216-391-7766 or gwido.dlugopolsky@magnetwork.org

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