In a new article for thomasnet.com, Christina O’Handley recommends that companies in the manufacturing industry look to diversifying their business and expand into new markets in order to mitigate risk. She offers three reasons for considering this strategy:
Building A Safety Net For The Unexpected Industry Downturns. In the event of a large customer …
Manufacturers continue to wait to see how, and how profoundly, trade rules might soon change as a result of the new administration, writes Bob McCutcheon, PwC US Industrial Products Leader in a recent article for Industry Today. While uncertainty abounds manufacturing leaders aim to prepare for a variety of scenarios and focus on developing …
Not only is the middle market is doing well, but it has been doing so consistently for nearly six years, according to Tom Stewart, executive director of the National Center for the Middle Market (NCMM). In a recent article for Industry Week, Steve Minter takes a look at the findings of the NCMM’s most …
Is a robot revolution just over the horizon? While there is no doubt that robotics are changing nearly every industry, the biggest industry impacted may be the manufacturing and distribution industry.
In an article from ZD Net, author Stephanie Condon writes, “the automated tools that could be used in warehouses and on factory floors have …
Like everyone, farmers would like to increase their income while avoiding paying higher tax rates in the future. In an article from AGWeb, author Paul Neiffer discusses how farmers can increase their income quickly.
Neiffer writes, “Most of these situations involve trying to soak up a standard deduction and personal exemptions that might go to …
Last week, the same Texas judge who originally struck down the overtime rules proposed by the Obama Administration, upheld his ruling. Many experts see this as the final blow for the proposed increase in the number of workers who would be eligible for overtime compensation. In the article, author David O’Connor writes, “Federal District …
The next manufacturing and distribution wave could be moving from China to space. Advancements in technology could make space manufacturing and distribution a possibility for the future.
In an article from The Seattle Times, author Marisa Kendall writes, “A Mountain View-based startup earlier this month revealed new breakthroughs in its quest to build in-space factories …
The most fundamental requirement of a manufacturing and distribution business is proper delivery performance. Long lead times, poor forecasting, and ineffective product management can cause your delivery performance to be subpar.
In an article from Industry Week, author Tim McLean writes, “Due dates get shifted, tolerances get allowed and lead times get imposed on customers. …
Every industry is going through a transformation thanks to the advancements made in technology over the last decade. The manufacturing and distribution industry is no different, as it begins to move from mass production to customized production.
In an article from Forbes, author Daniel Newman writes, “Like the Industrial Revolution impacted manufacturing, digital transformation is …
Advances in technology has caused manufacturers distributors to adapt a system that incorporates data more efficiently into the workplace. If manufactures are going to survive, they need to adapt a mentality that allows them to catch up on the data-driven challenge.
In an article from Industry Week authors Lars Faeste and Antoine Gourevitch write, “Firms …
