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 …
The advancements in technology have led to a new era in manufacturing, and U.S. manufacturing must stay up-to-date to continue improving.
This article discusses how manufacturing in the United States can once again become a major player in the global manufacturing industry.
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http://www.industryweek.com/leadership/reunion-revolution-and-crossroads-us-manufacturing
China’s response to the recently imposed tariffs by President Trump will certainly impact US manufacturers.
This article discusses the domestic effects of a possible trade war, and how manufacturers in the US may respond.
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http://www.globaltrademag.com/in-the-news/steel-aluminum-tariffs-manufacturings-perspective
Industrial trade shows may seem like a thing of the past, but many can be worthwhile if you follow certain strategies.
This article discusses what it takes to be successful in the modern era of industrial trade shows.
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https://www.inddist.com/blog/2018/01/how-succeed-modern-industrial-trade-shows
American culture has created a skills gap in manufacturing, and the industry must act fast to close this gap.
This article discusses the need for problem solvers, and the importance of preparing the next generation for work in the manufacturing industry.
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https://www.designnews.com/automation-motion-control/blue-collar-or-new-collar-fight-over-manufacturings-future/166894148958418
In the wake of the recent tax reform legislation, many business owners are reevaluating the structure of their organization and questioning whether it would be beneficial to convert from a C corporation to an S corporation, or vice versa. The following is a review of the two structures and the breakdown of the changes.
Similarities
A …
Manufacturing companies should be aware of certain trends that could give them a competitive advantage in 2018.
This article discusses three trends in the manufacturing industry that are primed to make headlines in the coming year.
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https://www.mbtmag.com/blog/2018/03/3-manufacturing-tech-trends-watch-2018
Factory production is constantly improving thanks to technology such as big data, artificial intelligence, and the Internet.
This article examines the trends and technology that are behind the changes in manufacturing.
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https://www.roboticsbusinessreview.com/manufacturing/how-manufacturing-automation-is-evolving/
Data processing and the Industrial Internet of Things (IIoT) are becoming essential tools in manufacturing.
This article explains the dynamics of the IIoT, how factories can use the IIoT, and staying competitive in the manufacturing industry.
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https://www.engineering.com/AdvancedManufacturing/ArticleID/16506/How-to-Use-the-Industrial-Internet-of-Things-IIoT-in-Your-Factory.aspx
New tax laws and new tariffs could change the way you use energy, while boosting the productivity of US manufacturing. While lower tax rates for businesses is an obvious change to the tax law, changes to manufacturing business decisions may not be so obvious.
According to an article from Supply Chain Digest, “The changes …
