In this episode of Rapid Fire Manufacturing, host David Turner speaks with Tim Drinkwater, owner of Accurate Machine Products and US Mount Parts. They discuss the evolution of precision manufacturing over the past 17 years, the importance of staying current with industry changes, and strategies for growth in the B2B sector. Tim shares insights on technology adoption, tooling investment, and the challenges of launching a new product line.takeaways
- The velocity of evolution in precision manufacturing is increasing.
- Staying informed through various channels is crucial.
- Early adoption of software can provide a competitive edge.
- Investing in tooling can extend the life of existing machines.
- Launching a product line requires careful planning and understanding.
- Marketing strategies differ significantly between B2B and product lines.
- Prototyping is essential for demonstrating product value.
- Networking and connections are vital in new markets.
- Continuous learning and adaptation are key to success.
- Investing in inventory management systems can streamline operations.
- Navigating the Evolution of Precision Manufacturing
- Tim Drinkwater: Insights from 17 Years in Manufacturing
- "You can't just wait."
- "It's probably more than you think."
- "It's a whole different thing."
Chapters00:00Introduction to Precision Manufacturing and Tim Drinkwater
01:59Evolution of Precision Manufacturing
05:34Strategies for B2B Growth in Manufacturing