For all practical purposes we are now in the post industrial service economy and the manufacturing crisis has now become a crisis of the middle class.
People say the industry is known for low wages, subpar working conditions and continual quality control issues, none of which help attract new workers — but are those actually the biggest challenges facing manufacturing right now?
In recent years, Caterpillar had incredible performance and growth, the darling of financial analysts. But it wasn’t always so: In the 1980s, some observers wondered whether CAT could survive as it hemorrhaged financial losses.
No matter what the end product, there is always pressure to be an industry leader in lead time, and to meet those targets in a safe, reliable, and cost-efficient manner. Reducing lead times can provide manufacturers with a multitude of benefits.
Autonomous driving has long been on the to-do list for car manufacturers, but within the last year consumer interest has spurred inquisition in both the engineering community, as well as the legal arena.
Whether it is an innovation engine, or the actual level playing field (as argued during the international ITU conference), open source is growingly viewed as a credible game changer for IoT.
Even if you already deploy technologies to reduce energy consumption, you may be able to realize additional savings by enrolling in a demand response program.
Improving plant safety practices protects workers, eliminates fines, helps to maintain company image, and increases worker retention. Experts in the field provide up-to-date advice on ensuring safe working conditions in your facility.
We truly believe manufacturers and distributors can benefit tremendously by collaborating on best practices and generating new ideas for better business models.
Contract manufacturing can be an effective way for companies to extend capacity and add flexibility to their production network, critical benefits in a highly volatile business environment.
The research and development (R&D) tax credit has never been more available to manufacturers. It’s a shame the majority of them don’t realize it yet.
In a China-dominated industry, Colson Caster has a red, white, and blue feather in its cap. According to Kevin Osborn, Operations Manager, Colson remains committed to keeping as much manufacturing local as possible, and the company’s most popular products are manufactured in its two Arkansas facilities.
Economic activity in the manufacturing sector expanded in February for the ninth consecutive month, and the overall economy grew for the 57th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Today, there are plenty of lift-truck designs out there for all types of businesses, and with the right knowledge, you’re sure to find the right machine for your needs.
In the 2013-2014 LNS Research MOM survey, approximately 325 manufacturing professionals shared their preferences on how they leverage internal resources, systems integrators and consultants, and software suppliers to support their manufacturing improvement initiatives.
There is simply no rebranding effort where the stakes are not extraordinarily high and the margin for error is slim at best.
Each year, 300,000 Americans visit the emergency room to treat a workplace eye injury. In total, all workplace eye injuries cost an estimated $300 million a year in lost productivity, medical treatment, and worker compensation.
One indisputable fact exists for most manufacturers and distributors: Warehouse automation stands as one of the last areas where long-term costs can be significantly reduced.
I can’t tell you how rewarding it is when a company implements a plan and the light bulb goes on and they finally see how data can drive truly effective action. When data-based systems are installed, the implementation is too often considered successful once the data are flowing and people can get to the data.
While new FDA standards improve public safety and health, they also present challenges for food distributors to ensure they have FDA-compliant processes, plans, and technologies in place to avoid product recalls and fines.