Distribution Trends in 2020 and Beyond
This article walks through some statistics behind the distribution and warehousing industry in a detailed manner as well as how technology is going to impact the industry, as a whole, in 2020. Analogies such as enterprise resource planning, warehouse management systems, and transportation management systems are all set to have an immediate impact. Additionally, …
How Manufacturers Can Improve Recruiting Efforts
Despite the global upheaval caused by the coronavirus pandemic, many manufacturers have managed to retain their entire workforce—and a significant amount are even looking to hire additional team members. In a recent article from Industry Today, author Jeffrey Rohrs offers some tips for manufacturers in need of skilled professionals.
Track Your Applicants – Consider using …
How Manufacturers Can Successfully Ride the Wave of Reshoring
As a result of global disruptions caused by the coronavirus pandemic, a new opportunity may exist for North American manufacturers. A recent article from Thomasnet examines how global conditions are causing a locational shift of many production and sourcing operations and how that shift is beneficial to some manufacturers.
Causes of Reshoring
Historically, the major cause …
Developing People-Centric Leadership
Strong company leadership is a key component of successful lean manufacturing operations. That said, developing strong leadership is a difficult task. A recent article from Industry Week examines the benefits of people-centric leadership (PCL) and offers the following tips for developing PCL within your manufacturing organization:
Introspection – Encourage your company’s leaders to focus their …
Strengthening and Transitioning Pricing Models in the Midst of Crisis
In the wake of the coronavirus crisis, many manufacturers need to reevaluate their pricing models. In a recent article from Industry Week, author Stephan Liozu suggests a two-part plan for transitioning to a better pricing model.
Cost-Based Pricing Improvements
First, manufacturers should focus on improving their current cost-based pricing system. Liozu suggests working towards a more …
Agricultural Sustainability
This article discusses the crossroads that the agricultural industry finds itself in throughout 2020. Although conditional farming is yielding constant results, a change in mindset is challenging the industry. Sustainability has become a hot topic in multiple industries, and agriculture is no exception. From restoring soil health to diversifying farmland, these trends are sure …
R & D Tax Credits and Emerging Technologies
This article highlights how the world is in dire need of innovative solutions across many different industries due to the recent digitalization spike and global pandemic. For example, COVID-19 emphasized the need for 5G connectivity in the States. Additionally, trends such as additive manufacturing, data analytics, the Internet of things, and the use of …
Importance of Data in Manufacturing During COVID-19
This article discusses some of the data surrounding surveys that went out towards the start of the pandemic as well as how the pandemic has actually impacted the manufacturing industry. For example, many jobs cannot be conducted remotely, and therefore have been eliminated or significantly changed. Additionally, this link outlines some of the best …
The Outlook for the Agriculture Industry
As we venture along in 2020, specific trends within the agricultural industry continue to catch the expert’s eyes. In a year that was full of uncertainty, having an idea of what the rest of the year may look like can go a long way in terms of getting your business/farm prepared. Specifically, animal vaccines, …