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What’s the 411 with Vertically Integrated Manufacturing?

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For solutions in the linear motion industry, vertically integration can be essential in elevating profits, controlling distribution and eliminating the hassle from third-party companies. Vertical integration can be defined as a company controlling all the stages of production (such as raw materials, transportation and marketing) and merging them into one unified supply chain.

Vertical integration can be a highly effective business tactic that mitigates what economists refer to at the “Hold-Up Problem.” The Hold-Up Problem typically occurs when two companies invest in each other, only to develop disagreements over contracts and delay the pace of production.

So, how does Nook incorporate vertical integration into its manufacturing plan? First, it utilizes leading-edge manufacturing and continuous improvement make Nook Industries’ products precise, cost-effective solutions. Second, it features the largest thread roller in the world, which diameters up to 14 inches. Third, Nook provides on-site die design and manufacturing. Lastly, Nook features on-site heat treating for precision and durability.

All of these methods allow Nook to deliver high-quality mechanical, electrical and controls solutions under one roof.

5 Questions for Team Leaders

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Great questions and video by Eric Hoffberg, Coach It Forward:

 

  1. Is there any need to assess with the team how well we are doing with paying attention to what matters most and to get the concept of controlling what we can control?
  2. Do I need to bring clarity to the entire team about what makes each one of them valuable so that we can be confident that we truly are playing to our strengths?
  3. Does the team need me to reinforce why we choose to think the way we do and why we spend so much time on working on having a properly prepared mindset?
  4. Would I want me for a coach right now – am I seeing things clearly – am I motivating or de-motivating people right now?
  5. Has my follow through thought been matching the things I have been saying to my team members or have I been saying positive things and then in turn thinking really negative things?

 

 

 

Nook Industries

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