Finding Solutions to the Supply Chain Chaos

Finding Solutions to the Supply Chain Chaos, #293 What is the root cause of the supply chain crisis? How can manufacturing businesses mitigate those risks and find realistic solutions that work in the short and long term? Tom Hilaris—the President & CEO of Ergoseal—joins us to share the three things they focus on: risk mitigation, communication, and culture. In this episode of Making Chips we offer real, practical solutions your business can implement to overcome the supply chain chaos. Because—after all—if you’re not making chips, you’re not making money! BAM! – Jason Segments [1:10] Material lead times and pricing [5:10] What’s happening at Carr Machine & Tool [7:07] Manufacturing news related to supply chain issues [14:39] Learn more about our guest—Tom Hilaris [17:16] Step #1: Risk Mitigation [19:46] Managing pricing with redundancy of sourcing [22:58] Step #2: Communicating with your customers is imperative  [29:12] Elmhurst University Supply Chain Masters Program [32:15] Step #3: A great culture improves outcomes Resources mentioned on this episode Get The Boring Bar Newsletter - Text CHIPS to 38470 to subscribe! Connect with Tom Hilaris on LinkedIn Clean Energy Faces its Own Supply Chain Crisis What Everyone Gets Wrong About the Never-Ending COVID-19 Supply Chain Crisis Growing your Manufacturing Business Through Acquisitions with Tom Hilaris Connect With MakingChips www.MakingChips.com On Facebook On LinkedIn On Instagram On Twitter On YouTube

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Manufacturing is challenging, but if you are connected to a community of leaders, you can elevate your skills, solve your problems and grow your business! MakingChips was launched in 2014 to equip and inspire the metalworking nation. Hundreds of episodes and a million downloads later, it’s an industry-leading source of information, inspiration, and entertainment for manufacturing leaders of all types. It’s hosted by Nick Goellner, Mike Payne, and Paul Van Metre. They’re joined by a rotating panel of expert guests – including Titan Gilroy (TITANS of CNC), John Saunders (NYC CNC), Mark TerryBerry (Haas Automation), and many more. Join us as we tackle the topics that keep you up at night - leadership, operations, technology, growth, workforce development and culture.