The idea is that if employees are more skilled, and less a “human robot” that performs the same task repeatedly during their shift, they might be able to better identify inefficiencies in the process or think up ways to make it better.
In the latest loss for the American textiles industry, Fruit of the Loom has announced its plans to close its plant in Jamestown, KY. Work at the facility will be moved to Honduras in an effort to cut costs.
If you ask someone at Apple Computer, the defendant in more cases filed by patent trolls than any other U. S. firm, Apple will probably tell you that a patent troll is a person or organization that acquires a patent solely for the purpose of suing a deep-pocketed firm.
The fact that it took almost a decade for the company to recall vehicles it knew had problems is disgusting. And guess what? Mary Barra agrees.
After the bailout backlash, I didn’t think General Motors could face a bigger public relations nightmare. Clearly, I was wrong.
Does your small business have plans to hire or are PNC’s survey respondents being overly optimistic based on the circumstances?
Automation has traditionally meant replacing human activity. Now recent advances in automation technology and the demands of the future have moved the industry into a new age.
Since the Great Recession, there has been a debate about rebuilding our infrastructure to create new jobs. But how much of it needs to be repaired or replaced?
If you’re like me and finally got the disgusting pink soft-serve-like image of “pink slime” out of your head, get ready for more stomach churns.
Crowdsourcing is the extreme front line of demand-driven manufacturing. Savvy companies are engaging consumers through social media, effectively transforming them into product formulators, fans, and advertisers.
As tensions between Russia and the United States continue to increase, global businesses will face disruption and, for some, opportunity.
If you’re not open to letting suppliers into your plant, your competition may be – and then skipping these kinds of service offerings goes from a missed opportunity to a threat to your competitive advantage.
Over this past weekend it was reported that U.S. intelligence agencies hacked into the email servers of Chinese tech giant Huawei.
The question I want to know is, why didn’t GM learn its lesson from the Toyota fiasco? They had five years to pick up on the fact that burying a potential safety issue wasn’t, exactly, the best course of action.
According to the study, of the 15,000+ listed companies in the U.S., only 519 are billion dollar brands. The total value of these big dogs is a staggering $2.5 trillion.
As right-to-work becomes a more significant point in state political discussions, these union wins and losses have more impact.
Two big announcements yesterday, one from Walmart and one from 3D Systems, push for the creation and reshoring of American manufacturing jobs.
Malaysia Airlines Flight 370 has been missing for over a week now, and global aviation experts still don’t have an answer. Unfortunately, the case of a missing jet isn't as rare as we’d like to believe.
According to a Bloomberg report, air pollution is becoming one of China’s biggest exports and reaches as far as the U.S. West Coast.
It seems that — if we’re to believe the hype — unless you’re Apple, a skinny-jeans manufacturer, or in the organic foods business, you can kiss your growth goodbye.