The 8 M's of manufacturing)

What is man, material, method, machine

and money, 5M’s?

The 8 Ms (used in manufacturing) ;

·         Machine (technology)

·         Method (process)

·         Material (raw, consumables etc.)

·         Man Power (physical work)/Mind Power (brain work)

·         Measurement (Inspection)

·         Milieu/Mother Nature (Environment)

·         Management/Money Power

·         Maintenance

Man: [Man - career, training, performance evaluation, family, beliefs, characteristics, ]
Convey genuine interest in the career development of each individual from an owner to a trainee. Spend time listening, understanding, and helping each employee succeed, knowing that acceptance (not wage) is a primary motivator. 

Machine: [Machine-tools, electro-mechanical devices, computers, vehicles ]
Rebuild to enhance features, not just back to original standard - more productivity, new feeders, electronics, additional fail-safes, sensors checked in both states every cycle, accessories, quick-change tooling, canned controls option, parts accumulation/transfer to next operation, pick&place options (simple and custom), hydraulic resistance (beef-up brackets to address adding required stiffness), continuous improvements of existing press lines. Also, promote continuous improvement of standard feature in newsletter. 

Material: [Material - components, software, ]
Offer more Adjustable Frequency Drives, new HMI retrofits, options with various features, wear-surfaces using alternate materials and techniques for alignment and durability, automated material handling devices both simple and complex, third party enhancements with high performance rating from customers, accumulators and continuous flow to next operation conveyance, operation/training manuals and reference literature online. 

Method: [Method - practices, procedures, rules, discipline, LEAN processes ]
Gold Mine Theory - Build relationships with business partners/customers; striving for long-term mutual benefits. Know their business objectives and capital budget plans. Help them make good choices, even at the risk of losing a short-term sale. Develop a five year rolling forecast and marketing approach distinguishing new start-ups, rapid growth, steady state, and neglected companies in recovery. Something big is always on the horizon.