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Thought Leaders: How Much Money is Tied Up in Your Inventory?

January 28, 2015 9:26 am | by Anna Wells, Executive Editor | Videos | Comments

If there’s one thing the Great Recession taught manufacturers, it’s that there are wasted dollars hiding everywhere. According to Grainger, some of the sweetest low hanging fruit for a cost conscious company is actually in your MRO inventory… and a lack of understanding of how quickly (or slowly) this inventory turns can result in a significant number of operating dollars being tied up at any given time.

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Daily industrial news and top headlines for plant and maintenance managers

New Safety Reports Show Cars are Safer Than Ever Before

January 29, 2015 2:38 pm | by Maura Falk, Associate Editor | Videos

With all the news of recalls it is understandable that some would believe that cars are not as safe as they used to be. However, the Insurance Institute for Highway Safety is here to say that those concerns are actually quite unfounded, and cars are safer now than they have ever been. 

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General Motors President Talks New Strategy and Outlook

January 29, 2015 2:22 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Videos

Dan Ammann, president of GM, talks about the outlook for global sales, vehicle safety and the automaker's business strategy with Tom Keene of Bloomberg Business at the World Economic Forum's annual meeting in Davos, Switzerland.       

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Ford’s Focus on Driving Innovation

January 28, 2015 2:09 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Videos

When it comes to the auto industry, you've got to innovate or risk being left behind. Ford isn’t about to get lost in the shuffle as it continues to move forward on modernizing its vehicles.                  

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Has Beretta Manufactured the Army's Next Gun?

January 27, 2015 3:17 pm | by Maura Falk, Associate Editor | Videos

The U.S. Army is in the market for a new standard issue handgun. The standard issue handgun has been the Beretta M9 since 1985 and the Army is opening the door to competitors to present their concepts.             

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Can a 3D Printed Car Change the Industry?

January 27, 2015 2:23 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Videos

Local Motors showed off its Strati 3D printed car in Detroit this year with plans to begin selling it later this year. If we’re all to believe the hype, 3D printed vehicles could play a role in the future of the auto industry. But some challenges remain before they can go mainstream.

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Cars.com Announces the Best Car of the Year

January 26, 2015 3:20 pm | by USA TODAY | Videos

Every year, automakers roll out about 70 new or redesigned cars. Cars.com spends hundreds of hours test driving these cars. They pick six top cars, but only one can win Cars.com's Best of 2015 Award.               

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Manufacturer Spends Annual Ad Budget on One Ad

January 26, 2015 3:16 pm | by Maura Falk, Associate Editor | Videos

This year, the cost of a thirty second Super Bowl ad is approximately $4.5 million, $500,000 more than last year. While this price tag would be a deterrent for many, one manufacturer is willing to spend their entire year's advertising budget for the exposure.

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Branson's Futuristic Vision to Get Internet to Everyone

January 23, 2015 12:14 pm | by Bloomberg News | Videos

Virgin Group Founder Sir Richard Branson shares his vision of how Virgin Galactic will launch satellites to help connect the three billion people in the world who don't have internet access.                 

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Famous Portland Bread Goes National

January 23, 2015 12:07 pm | by USA TODAY | Videos

Going against the gluten-free fad, Portland, Oregon-based Dave's Killer Bread has gained legions of fans for its seeded, nutritious sandwich lovers. Now it has plans to expand to every state in the U.S. by the end of 2015.       

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A Solar Plane to Circumnavigate the Globe

January 22, 2015 3:08 pm | by Maura Falk, Associate Editor | Videos

Two pilots hope to make aviation history in the coming weeks by circumnavigating the globe in a plane powered entirely by solar panels. This feat will not only mean going down in history books, but it will also mark a starting point for greener alternatives in aviation.

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Robotics: The Latest Davos Buzzword

January 22, 2015 2:26 pm | by Bloomberg News | Videos

In addition to the Swiss Franc and the ECB, what else is being talked about at Davos? Robotics and AI have been taking some interest, so here's the low down of what to keep an eye out for this year.               

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The Company That Can Find Planes Lost to Sea

January 21, 2015 3:20 pm | by Maura Falk, Associate Editor | Videos

Bluefin Robotics designs, develops, builds and operates Autonomous Underwater Vehicles for defense, commercial and scientific customers from all over the globe. However, their products are now most notably being employed for plane recovery.   

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The World’s Top Innovative Companies

January 21, 2015 2:02 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Videos

Doug McIntyre talks about which companies are filing patents for new technology and leading the way in innovation.                                       

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Ford CEO Talks About Data Security

January 20, 2015 3:21 pm | by Maura Falk, Associate Editor | Videos

As more and more car companies look to autonomous driving and other advanced technologies, questions surrounding data security become extremely important for the privacy and safety of the customer and car companies. Because of this, Mark Fields, Ford CEO, explains how Ford is working to protect its customer and company data. 

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Branson: Virgin Galactic Can Connect World to Web

January 20, 2015 2:51 pm | by Bloomberg News | Videos

Virgin Group founder Sir Richard Branson discusses Virgin Galactic's plans to help launch satellites in space.                                        

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Thought Leaders: Making e-Commerce Work for Manufacturers

January 20, 2015 9:27 am | by Anna Wells, Executive Editor | Videos

Speed, compliance, and spend management are all significant factors in the industrial MRO space. In this video, we’ll speak with Geoff Robertson – Vice President, e-Commerce Strategy and Planning for Grainger – on some of the emerging areas of e-commerce functionality, and the business processes these advancements are designed to address.

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President Promotes Plans to Improve Cybersecurity

January 16, 2015 2:47 pm | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Videos

As news of stolen data and cyberattacks becomes an increasing part of our daily lives, President Obama is urging Congress to pass legislation to better protect personal data and put the U.S. on a path to a better cyberdefense.       

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Ford CEO Talks About Hiring Ethicist to Focus on Driverless Cars

January 16, 2015 2:44 pm | by CNNMoney | Videos

Ford CEO Mark Fields talks to Poppy Harlow about his company's future with driverless cars, and why they present such an ethical conundrum.                               

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Four Big Hits, One Miss at Detroit Auto Show

January 15, 2015 3:17 pm | by USA TODAY | Videos

Check out some of the top hits and misses from Detroit's auto show.                                                     

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3D Pen Makes Your Drawings Come to Life

January 15, 2015 3:13 pm | by Maura Falk, Associate Editor | Videos

The future of doodling just became 3D. The new 3Doodler is a pen that allows a person to create drawings that literally leap off the page and are three-dimensional.                         

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