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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 …

Digital Farming

The future of agriculture lies in digital farming, which will promote the integration of digital technology into current farming practices.
This article discusses the core concepts of digital farming and why the agricultural industry must integrate soon.
To view this article, click the following link to access the original content.
http://www.precisionag.com/service-providers/business-management/7-factors-that-could-make-or-break-digital-farming/

How U.S. Manufacturers Can Gain a Competitive Advantage

Manufacturers in the U.S. can stay competitive and ultimately trump Chinese imports with a drive for innovation and constant R&D.
This article explains what it is going to take for U.S. manufacturers to outperform Chinese manufacturers and the challenge of globalization.
To view this article, click the following link to access the original content.
https://www.forbes.com/sites/hecparis/2018/04/25/how-us-manufacturers-can-outmuscle-chinese-imports-through-innovation-and-rd/#660b56962f76
 

Augmented Reality and the Manufacturing Industry

The manufacturing industry should adopt augmented reality that would allow a user to visualize a finished product, address changes, and identify risk.
This article discusses why augmented reality and other technology are likely to disrupt the manufacturing industry.
To view this article, click the following link to access the original content.
https://blog.thomasnet.com/augmented-reality-manufacturing
 

Using Technology to Sell Complex Parts

The sale of complex industrial parts has long been a difficult task, but new technologies are making the job easier. A new article from Thomas explains three methods for easing the stress of selling complex parts.

Use an online catalog – Make things easier for your customers and yourself by developing an online product …

IoT Tech and the Supply Chain

For today’s manufacturers and consumers, the more information the better! A recent article published by Manufacturing.net explores the use of Internet of Things (IoT) technology in order to digitize supply chains. Author Tom O’Boyle discusses how IoT technology is being incorporated in the following areas:

Manufacturing Plant – The use of passive and active …

The Robotic Future of Manufacturing

The use of robotics in manufacturing is rapidly increasing—and with good reason! Incorporating robotic technology has resulted in improved output and, therefore, increases in revenue and efficiency. In a new article for Manufacuring.net, author Kayla Matthews discusses five ways that the use of robotics in manufacturing helps to improve output.

Handling of Raw Materials …

Challenges for Today’s Manufacturers

One of the biggest challenges to manufacturers today is figuring out how to structure their compensation system. In a recent article published by Manufacturing Today, Mark Donnolo suggests some strategies centered on a sales performance management plan.

A challenge many manufacturers face is communicating “c-level goals”—the goals developed by company leadership—in a practical way to …

Food Supply Chain and Technology

Moving food from the farm to the table requires a sophisticated supply chain that is now being run on advanced technology, such as analytics, automation, and augmented reality.
This article discusses the data-driven technology behind all aspects of the agricultural supply chain, and how that technology is changing the way we produce and distribute food.
To …