For businesses that rely on scientific innovation to differentiate themselves, being first to market with a novel, more effective or attractively priced product is the Holy Grail. But as the lifecycle that transforms a good idea into a viable product grows ever more complex, the very factors critical to success are suffering.
The next phase of the Department of Energy’s (DOE) energy-efficiency lighting legislation went into effect on July 14, 2012 and requires all impacted lighting to be manufactured to be more energy-efficient. Most recently, the DOE has granted a deadline extension for some lighting categories until July 14, 2014, leaving some businesses uncertain on how to best move forward in adopting energy efficient lighting.
The August 2012 MCI-EFI reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $628B equipment finance sector. Overall, confidence in the equipment finance market is 50.2, down from the July index of 51.5, reflecting ongoing industry concerns over economic, regulatory, and political uncertainty.
It’s no secret that advancements in ERP technology and ever-evolving market trends are leading some manufacturers to review the overall effectiveness of the systems they employ today. The age of the system, flexibility of the technology, and the system’s ability to integrate with other critical business systems are all key considerations.
I have learned that each customer makes their purchasing decisions differently. Some companies delegate purchasing decisions to the local branch, while others centralize their purchasing. Whether the decision was made locally or from a central office, each buyer still had its own way of evaluating the purchase decision. Some buyers valued the lowest price, some valued relationship, and so on.
As American manufacturing appears to have steadied from a 2011 growth spurt, contract manufacturing continues a trend of positive growth. In the third D2P Manufacturing Trends Survey, 42 percent of U.S. OEMs indicated that they expect to have more outsourcing projects in the next year than they had in the past twelve months.
Since 1973, companies have turned to Hartland, WI-based Dorner Manufacturing for improved efficiency and productivity when it comes to the design, manufacture, and distribution of conveyance systems. Dorner recently developed a precise product movement solution, Precision Move, for its 2200 and 3200 series belt conveyors, which are used in manufacturing and packaging processes in many industrial applications.
As any on-site manager can tell you, proper cleaning is vital to the safe and successful operational performance of any industrial or institutional facility.
You see a lot of foreign hacking attempts. I definitely think there is a risk if you are a manufacturer.
“We’re looking at a softness and a slowdown in demand for manufacturing products, both domestically and internationally,” says Brad Holcomb.
Maintenance professionals can benefit from learning key tips that can help them choose the right grease to protect their equipment over the long haul.
A little effort goes a long way when it comes to managing both inventory and assets. Do you know where your money is, and what it’s doing for you?
Using predictive and prescriptive business analytics to improve supply chain operations.
Enterprise historians can deliver architectural advantages that play a vital role in a sustainable competitive advantage.