Entries by Andy Lewis
Important Succession Plan Considerations
Succession planning is a long-term job. In order to avoid struggles in this area, Sara Schafer offers five steps for successful succession planning:
Cultivate a strong and focused management team.
Maintain an accurate assessment of the business value of your farm.
Conduct an audit of the power structure of your business.
Regularly assess and …
Congress Wants to Incentivize U.S. Manufacturing and Innovation
A new bill has been introduced to Congress that will boost U.S. manufacturing and distribution and innovation, according to an article from the Washington Examiner.
In the article author Al Weaver writes Congress has “introduced the Invent and Manufacturing in America Act, a bill that would give tax credit to companies that not only conduct …
Protecting Your Manufacturing Innovations from Foreign Competition
Many manufacturers distributors have moved their manufacturing and distribution process overseas for the lower labor prices. However, many times foreign competition is able to make their own similar innovation using even more cost efficient tactics. How can U.S. manufactures protect their innovations from foreign competition?
In an article from National Law Review author Robert Crouse …
The Rise of Machines and the Evolution of Industrial Work
Technology has made way to the advancement of automation in many factories across the globe. Although there seems to be a looming concern about the safety of jobs in the manufacturing and distribution industry, skilled employees will continue to be an important part of creating a successful factory.
In an article from Industry Week author …
Auto Slowdown Flashes Caution Lights for Manufacturing Growth
The auto industry may be on the decline, and this could impact the manufacturing and distribution sector. After years of strong growth, automakers may be investing in future technology as the electric and self-driving industry booms.
In an article from Industry Week, author Mark Muro writes, “After a good run, warning lights are flashing in …