Renishaw plc

We talked about the Jay Pearson idea of like purchasing versus procurement.

Like once you have something, you know, if you're just buying more Renishaw batteries, that's just purchasing.

Like you just, when anybody needs in the order and procurement is customized.

This is like purchasing that now needs a little procurement flavor to

So that's going to be really interesting to take a look at their Q2 update.

We've got Renishaw, Costco, many others.

And these all came out a little bit earlier in the month.

I'm just catching up with them, basically.

And if I have an operator tending multiple machines.

It is putting a Renishaw probe in the spindle of our Mansoura and using it to check a few features.

That's a very expensive machine to check features with, but it takes up zero extra floor space, and I can have an operator tending other machines while it checks a few features, and It is completely in line with the lean principle of we want quality to be inspected in station.

We do not want to make parts, pass them downstream, and then later have some independent quality step identify a problem and push them back up river.

They give their IT for racing like that.

So talking of kind of behind the scenes companies, I'll be looking at Renishaw.

It's the one we've written up for coming next week.

Very high quality industrial measurement and precision tooling and this sort of stuff.