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Home » Topics » Commentary

Commentary
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Read our Editorial and Legal Ease columns for commentary on the forging industry and legal matters.

Topics

Editor's Page

Editor Dean Peters’ monthly commentary on the forging industry.

Forge and Finance

This column is dedicated to the financial issues facing forging businesses. It provides guidance on financial matters to those who may not have a dedicated CFO on staff and additional financial insight to those who do.

Legal Ease

Legal Ease is a new column covering forging and the law. Look for more Legal Ease articles in future issues.

Public Policy Watch

Read the archives of this periodic report about the Forging Industry Association’s efforts to inform members of Congress and government regulators about issues of concern to the forging industry.

FIERF Forum

An archived series from the Forging Industry Educational and Research Foundation (FIERF), a supporting organization to FIA whose mission is to assist the forging industry through technical education, research & development.

ARTICLES

factory
Forge and Finance

How to Fire Yourself

Darren Cherry
February 6, 2023
No Comments

You’re irreplaceable, indispensable and unique. You’re also one of the most stressful parts of your business. As the owner, you make all the critical decisions and bear all the risks. Here are some helpful tips for reducing your business’ dependence on yourself so it remains healthy and sustainable even in times of duress. 


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Hydrogen
Editor's Page

Gen Hydro

February 3, 2023
No Comments

Are we in the early stages of an emerging and viable hydrogen economy?


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work station
FORGE AND FINANCE

Hands-on Guide to Cost Modeling

Todd Peter
October 6, 2022
No Comments

In previous articles in this series, the key concepts and structures of developing a cost model were discussed. Important ideas to review are granularity, processes, level and special process cases.


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pentagon
Editorial

Supply Chains and National Security

Dean m peters
Dean M. Peters
October 3, 2022
No Comments

Supply chains and logistics are an integral and important part of a successful manufacturing operation. They have always been so, but with the advent of the COVID-19 virus and its having shut down the world’s economy for a time during a period of global quarantine, supply-chain issues have since taken center stage for consumers and manufacturers alike.



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steel pour
Forge & Finance

Practical Costing Situations and Concepts: 4 Cases

Todd Peter
June 7, 2022
No Comments

You are ready to begin building your cost model, or perhaps you are in the process of electing/upgrading your ERP software and want to plan through how it will support your cost model. 


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usa
Editorial

Buying American is Good Business … and Politically Unifying

Made in the USA
Dean m peters
Dean M. Peters
June 3, 2022
No Comments

Yesterday I bought a simple, gas-powered Craftsman lawnmower with a Briggs & Stratton engine. It wasn’t very fancy, it wasn’t self-propelled and it didn’t have a lot of “bells and whistles.” It did, however, happen to be exactly what I wanted – a basic workhorse lawnmower to cut grass at my daughter’s rental property.


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finance

3 Core Concepts in Building a Cost Model

Todd Peter
April 5, 2022
No Comments

In prior articles (December 2021 FORGE and February 2022 Industrial Heating), we discussed the reasons behind the importance of understanding margins (price minus cost) for the seller of any product or service. Your Cost Model is the framework for calculating costs.


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warehosue
Editor's Page

Bringing it All Back Home

Dean m peters
Dean M. Peters
April 4, 2022
No Comments

As an editor in business-to-business media, I have watched for more than 30 years as good-paying manufacturing jobs slowly disappeared from the United States toward foreign countries eager to build up their economic prospects through basic manufacturing and job creation.


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forge finance
Forge and Finance

10 Reasons Why Costing is Important

1219forge forgefinance head
Peter Geise
Todd Peter
February 4, 2022
No Comments

The goal of most businesses is to make money. Doing so is simple if you sell your offerings for more than it costs you to acquire, make or provide them.


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forge cover

The Acceleration of Change

Dean m peters
Dean M. Peters
February 2, 2022
No Comments

Welcome to my inaugural column in Industrial Heating. I have long been listed as a contributing editor for IH, and I am happy and privileged to make my columnar debut. 


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