Nebraska National Safety Council Safest Company – Norfolk Iron!
Our Norfolk branch has been recognized as a Nebraska National Safety Council Safest Company for the third consecutive year! This year’s award was granted “with distinction”. To receive the “with distinction” award, our company ranked 50% better than the industry average for each of the last 3 years. Thank you to every member of the […]
Read MoreCOVID-19 Update
At Norfolk Iron & Metal and Metalwest, the health and safety of our customers, suppliers, and employees is a top priority. With the ever-growing concerns regarding COVID-19 and the impact it may have on everyone, we wanted to let you know the steps we are taking during this time. To follow with the CDC guidelines […]
Read MoreMarch 2020 Insight Guide: Market Indicators
The Economy The U.S. services sector activity jumped to a one-year high in February. This suggests strength in the economy before escalation of recession fears were ignited by the coronavirus epidemic that prompted the emergency interest rate cut from the Federal Reserve. Rates were cut by a half percentage point to a target range of […]
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NIM Core Values: It’s who we are
In a speech at the NIM Sales Conference in January, I introduced the NIM Core Values. As we look at our values, we want to get beyond those “permission to play” values that permeate so many company value statements. Honesty, integrity, character are just the starting line. They are the expectation, not something we must aspire to. Our values […]
Read MoreFebruary 2020 Insight Guide: Market Indicators
Economic News The U.S. economy grew 2.3% in 2019, a slow down from the previous year when the economy grew 2.9%. Consumer spending is expected to remain the top driver of economic growth. January added 225,000 jobs. This is well beyond what economists predicted and is most likely due to an unseasonably warm January. Meanwhile, […]
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What is GAINS Systems?
GAINS Systems (GAINS) is a comprehensive inventory planning software that uses our data to indicate when specific items in our inventory need to be replenished and the level in which they need to be replenished to. Using forecasts, lead times and other volatility metrics, GAINS helps calculate how much of each item needs to be held […]
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