What is it? Consignment inventory is a supply chain in which retailers offer their products, but the suppliers keep the inventory of the products until they are sold. Unlike traditional inventory practices, consignment inventory puts responsibility to sell goods on the manufacturer or supplier. How does it work? Typically, the supplier would approach the retailer...Continue Reading
Author: Nick Knotts, Industrial Engineer, The Lawton Standard Co. What are some of the current trends in the foundry industry? As the economic, social, and technological climate changes in the world, all industries inevitably must adapt to survive, and the foundry industry is no different. As a result, foundries across the United States are taking steps to...Continue Reading
Author: Nick Knotts, Industrial Engineer, The Lawton Standard Co. What is a company’s most important asset? What is the most important resource to a manufacturing operation? Is it the machines? Is it the raw material? Does it depend on the type of manufacturing? Maybe it does depend on the business, but in my opinion, in...Continue Reading
Nick Knotts, Industrial Engineer for the Lawton Standard Co. has been with the company for 2 1/2 years and spent most of his time working on-site at Temperform as both an industrial engineer and a quality engineer. He came from a sister company from the same owners that were involved in automation. He was really...Continue Reading
The Lawton Standard family is proud of its continued efforts toward sustainability. Today we’re visiting our Temperform site located in Novi, Michigan, to see what makes them sustainable. It takes a team to maintain a company’s sustainability. Gloria Webber is Temperform’s Operations Manager. Her role in the company’s sustainability is to hold everyone accountable for...Continue Reading