When accurate, near real-time channel data is not abundantly available, sales and inventory fall one or two steps behind true customer demand. And there can be devastating results — including poor channel intelligence, delayed incentive payments or overpayments, and occasional massive write-offs caused by excess inventory stuck in the supply chain.
When it comes to the auto industry, you've got to innovate or risk being left behind. Ford isn’t...
Many industries, especially manufacturing, are discovering that business intelligence and more...
If there’s one thing the Great Recession taught manufacturers, it’s that there are wasted...
Elemica, a Supply Chain Operating Network provider for the process industries, offers ten top initiatives in the journey to supply chain excellence.
Forklift fleets offer significant opportunities for warehouses and distribution centers to improve their eco-efficiency. One way is to convert from forklifts powered by internal combustion (IC) to electric lift trucks.
In an effort to better compete with BMW and Mercedes, Cadillac wants about 700 smaller U.S. dealers to create "boutique" stores that focus on the General Motors luxury brand.
Meet the new job requirement for industrial facility and IT operations professionals — extrasensory perception, a.k.a. ESP.
Establishing new customer engagement opportunities is a top priority for manufacturers who are looking to build brand loyalty plus meet the expectations of the highly demanding Millennial consumer.
Doug McIntyre talks about which companies are filing patents for new technology and leading the way in innovation.
Using the data from three lathes in your plant to predict reliability is possible, but using the data from thousands of lathes in operation around the world adds a whole other layer of confidence in the prediction. This is the reason so many manufacturing equipment OEMs are beginning to offer reliability services as part of their product offering.
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.
The most significant results from implementing the lean continuous manufacturing model come not from discrete changes to certain products or processes, but from incorporating the entire company into the lean continuous model journey.
Just days after announcing job cuts citing uncertainty in the global oil industry, Schlumberger Ltd. announced a deal to purchase a minority stake in one of Russia's leading energy companies.
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.
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.
Going “green” is not only good for the environment—it is also good for the wallet in the long run, and it helps boost the social capital of a company.
Can a farm-to-table mentality also translate to manufacturing and maintain the efficiency of automation? Is “know your farmer” transitioning into “know your product manufacturer,” even if it’s on a newly defined local and global scale? Are mass-produced, unsustainable products getting a “Frankenfood” type of reputation now?
A newly released study found water discharged from energy drilling operations in the U.S. poses risks to human health and the environment, calling for additional government regulations on the practices.
ClearSign Combustion Corp. has developed a new technology for the combustion region, dubbed Duplex Tile Technology. This new combustion technology could change the industry entirely by eliminating industrial emissions by a staggering 95 percent, reducing downtime and maintenance costs all while increasing profitability and fuel efficiency for manufacturers and plant operators.
CEO Elon Musk, speaking Tuesday at an automotive conference, said Tesla needs to show a profit, and will when it's selling 500,000 cars per year. He predicted that sales milestone will be reached in 2020, when its lower-cost car — the Model 3 — is in full production.
Mark Rosekind, the U.S. government's new auto safety chief, knew all along that the agency he was taking over lacked resources and staff to do its job properly. Here are his answers to three questions on how he plans to handle his new position.
Planning and implementing a proper lift truck fleet service program is critical to optimizing the fleet’s uptime and productivity.
President Barack Obama wants Congress to pass legislation requiring companies to inform customers within 30 days if their data has been hacked, a move that follows high-profile breaches at retailers including Target, Home Depot and Neiman Marcus.
This is the 22nd year for the awards at the Detroit Auto show, and this year the awards were given to Ford for the North American Truck of the Year and VW for the North American Car of the Year.
The first full week of 2015 has been eventful for the manufacturing sector with no shortage of news making this week’s decision for ‘Winner’ and ‘Loser’ difficult. However, after careful consideration, Eben Bayer and Gavin McIntyre, co-founders of Ecovative, are this week’s ‘Winner’ while Fayetteville and Dayton, Tennessee receive the ‘Loser’ title.
Creating a culture of product safety within an organization is a strong line of defense against recalls. But how is this accomplished? Here are five tips to help you shift your organization from complacent to compliant.
Control of the United States Senate changed hands this week, but that appears unlikely to change the fortunes of the controversial Keystone XL pipeline following a veto threat from the White House.
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