An upside to plant closings for those that survive:
“Scavenging industrial auctions around Chicago, Herzberg picked up 700 die sets last year worth about $1 million new. He spent $3,500.
‘A new die shoe can cost $2,000,' Herzberg said. ‘Now I can take that out of the quote and not make tooling a factor in the price.'
And after an Indiana plastic injection molder closed, he went to its auction, spending $350 on shipping boxes worth $20,000. Now when he ships completed stampings, they are delivered in scavenged cardboard cartons.”
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Mark's new book is The Mistakes That Make Us: Cultivating a Culture of Learning and Innovation.
He is also the author of Measures of Success: React Less, Lead Better, Improve More, the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, and the anthology Practicing Lean.
Mark is also a Senior Advisor to the technology company KaiNexus.