What Good Are the Leading Indicators? March 8, 2016 Charles D. Schultz No Comments "Wall Street predicted nine of the last FIVE recessions," Paul Samuelson, Nobel Prize winner in economics, 1966. We get a lot more economic news...Read More
When Do We See the Gears? March 3, 2016 Charles D. Schultz No Comments In 1971, the American gear business was far different from today. I am unaware of any modern company with a formal gear cutter’s apprenticeship; at...Read More
Plastic Gearing Continues Converting the Unconverted March 1, 2016 Plastic gears are everywhere today - throughout your car, at the oceans' lowest depths, in deep space. The question, when is a metal gear a candidate for plastic conversion, can be addressed in three words, i.e. what's the application?Read More
Doing Nothing is Not Without Risk December 10, 2015 Charles D. Schultz No Comments One last thought before we leave the subject of evaluating incoming quotes — doing nothing is risky. The gear business may seem like a stable, well...Read More
Evaluating Risk December 1, 2015 Charles D. Schultz No Comments Every order a company takes involves risk. Even after they ship, products are subject to warranty claims and, in the event of customer bankruptcies...Read More
The Importance of Prompt No Quotes November 19, 2015 Charles D. Schultz Before going on an extended blog series on my “points system” for evaluating business opportunities, I want to talk about the importance of issuing...Read More
The Price Disconnect November 12, 2015 Charles D. Schultz No Comments Traditionally, cost estimating is the basis for pricing. I was very surprised the first time a mentor pointed out that the two are often quite disc...Read More
You Are Lost Without Records! November 5, 2015 Charles D. Schultz No Comments The guys who taught me to estimate all had great memories for part shapes, features — even part numbers. It takes years to develop that kind of tal...Read More
Questions Should Not Be Disruptive September 17, 2015 Charles D. Schultz No Comments Continuing my rant on disruptive employees: a few posts ago I mentioned the ill will I engendered early in a new job by questioning the large perce...Read More
A Century of Gears September 10, 2015 Charles D. Schultz No Comments The American Gear Manufacturers’ Association [AGMA] will celebrate its 100th Anniversary in 2016. The party will begin with the Fall Tec...Read More