Wednesday, 7 July 2010

Synchro32 - A Safe Harbor for Your Metalcasting Operations

The Synchro32 global team has done it again by having an article published in the July 2010 issue of Modern Casting. Although my name is listed as the lead author, trust me, this was truly a collaboration of all of the Synchro32 team members and is dedicated to them.

Synchro32 knows metalcasting. (Period)

Here is a link to the article.
Prevent Problems Through Perfect Planning Modern Casting July 2010


Hot here in Texas, although we are in a bit of a respite due to all of the tropical rain that has been flowing in. Keeping my fingers crossed that there are no major hurricanes this year, but there is one brewing in the Gulf of Mexico right now.



My favorite is always the Mariners 1-2-3 rule as it gives that old world feel to storms and of course the term "safe harbor" which of course has evolved into financial terms as well.
The Mariners' 1-2-3 Rule, or "Danger area", is indicated by shading. The 1-2-3 Rule, commonly taught to mariners, refers to the rounded long-term NHC forecast errors of 100-200-300 nautical miles at 24-48-72 hours, respectively.

Let Synchro32 become a "safe harbor" for your metalcasting operations by arranging for a demonstration today!

Generally speaking, a "safe harbor", besides the obvious of a place where mariners go to weather a storm, is also a  legal term that reduces or eliminates liability as long as it is done in good faith.   This applies to foundries and metalcasters that make financial projections and forecasts as long as they were done in good faith.  If the metalcaster has a modern ERP/MRP system and a top notch accounting software program that is linked with the ERP/MRP system, then the financial projections/forecasts would be made in good faith.  NOTE:  I'm not a lawyer nor a CPA - some might call me a "paralawyer" if you are up on your John Grisham books (Rainmaker).  :)   

 Until next time, see you on down the road...

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