This article discusses how the manufacturing industry, as a whole, has been relatively slow to adapt to new technology advancements. However, 2020 is likely to be the year that many technologies are adopted and implemented in everyday operations. For example, trends such as on-demand manufacturing, joint ventures, and 3-D printing are all predicted to …
This article discusses how technology has made its way into most industries, and agriculture is no exception. With the help of “Agtech”, different trends such as the rise of data transparency and analytics, investment opportunities, and digital leasings will be observed in the coming year. It is important to stay on top of emerging …
This article discusses three financial risks that small manufacturers face in this industry. These risks include: negotiating weak contracts, extending payment terms, and overconfidence during boom times. In a small manufacturing business, every penny counts, staying vigilant and avoiding these financial pitfalls can go a long way to keeping your business growing.
To view this …
Wearable technology, predictive maintenance, and smart manufacturing are all trends that are going to be around for some time. In fact, some believe that they will change how the industry operates on a day-to-day basis. This article discusses how these different trends are predicted to impact the manufacturing industry both in the short term …
As the farming industry undergoes changes precipitated by
new generations, new technologies, and new norms, succession becomes more and
more complicated. A recent article for Successful Farming discusses how
communication can have a big impact on farm succession.
Bad communication—or loss of communication—can have a big
negative impact. It often results in loss of trust between the parties
involved. …
Data security in the agriculture industry doesn’t just refer
to keeping online files safe from hackers. In a recent article for PrecisionAg,
author Reinder Prins explores what data security looks like for farmers.
Though some farmers do store their information digitally, a
majority still rely on paper files or records stored on a local computer. The
issue with …
In 2020, many industries are struggling with finding and
retaining qualified labor, and agriculture is no exception. Conversely, many
employees in the agriculture industry say they are unable to find good jobs.
What’s behind this? A recent article for AgWeb attributes it to
transitions currently occurring in the U.S. workforce.
What is changing in the workforce? The article …
The agriculture industry is a cyclical one—this is helpful
to remember during times of downturn, such as the industry is currently facing.
If you can ride out the low, it will be followed by a new high. A recent
article for Successful Farming presents four different financial tools
that can help agriculture businesses stabilize operations through tough times
and …
This article discusses a variety of topics that all pertain to how the agriculture industry is going to change in 2020. For example, topics such as animal vaccines, crop monitoring technology, and tariffs are all going to impact how the industry operates on a day-to-day basis. Whether you are working on the farm or …
You may hear the word sustainability and instantly roll your eyes, but the world is changing in favor of this “taboo” term. In fact, your business could benefit in more ways than just profits and saving money if you started to implement some of these tactics. For example, recycling smartly, investing in your workforce, …
