Page 56 - MetalForming May 2014

Spotlight on PMA
Reduce Supply-Chain Risk through Diversification
Types of Markets Served
The past decade, which began with a spell of difficult financial times for many manufacturers and metalformers, has seen a movement toward supply-chain diver- sification. As many companies learned the hard way, it’s good to be looking for oppor- tunities to diversify. Today, many manufacturers have reduced their concentration in any one market and become more diversified.
2003
54%
2013
38%
To support manufacturers in their efforts to diversify and secure new customers, the Precision Metalforming Association (PMA), in 2013, developed Sourcing Solutions—an annual supply-chain event that brings together buyers and suppli- ers of metal component parts, assemblies, fabrications and tooling. The one-day program allows manufacturing companies to showcase their capabilities and iden- tify new prospective customers.
AUTOMOTIVE
TRUCK
This year’s Sourcing Solutions event lands in Nashville, TN, on September 18. Among the companies signed on to meet with suppliers: GE Appliances, Sulzer Pumps, Ferno Washington, SAF-Holland, Inc., Aisin Drivetrain Inc., KTH Parts Indus- tries, Inc., Rhinehart Development Corporation and IDEX.
5% 5%
7% 4%
APPLIANCE
For more information on both of these industry programs, please visit www.pma.org or call Allison Grealis at 216-901-8800.
10%
9% 11%
In conjunction with Sourcing Solutions, PMA will host its annual Sales and Mar- keting Conference in Nashville on September 16-17. The event delivers timely and informative sales and marketing training and intelligence to industry professionals. Attendees hone their skills in areas such as content marketing, social media, brand- ing, marketing strategies, sales management, customer requirements and sales development while growing their network of peers in the industry.
INDUSTRIAL / CONSUMER HARDWARE
5% 2%
ELECTRONICS
3%
AGRICULTURE / OFF-HIGHWAY
manufacturing industry. JOIN today and share with us what you make, engage in the conversation and listen to what members are saying!
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WiM) encourages the engagement of women who have chosen a career in the
Women in Manufacturing (W
W
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modern WOMEN
modern WORK womeninmanufacturing.org