Are you
prepared for retirement? Have you even started planning for it yet? Farmers
face a unique set of circumstances that can make retirement especially
difficult. In a recent article for AgWeb, Anna-Lisa Laca offers the
following advice on retirement planning:
Make a clear plan that includes both a
timeline and specific goals.Create a budget that is sufficient for
covering your …
As augmented reality and virtual reality technology becomes
increasingly advanced, its applications to a variety of sectors grow.
Manufacturing is no exception. In a recent article published by Manufacturing.net,
author Jonathan Wilkins examines various applications of VR and AR technology
within the manufacturing industry.
Improved Production – Using VR technology
to perform predictive analysis can help manufacturers discover product …
As technology advances, data is becoming more and more
readily available. While most manufacturers understand that data is available
and can be put to good use, they struggle when it comes to figuring out how to
do so. In a recent Forbes article, author Lisa Caldwell offers advice on
how to use data as a tool to enhance …
Millennials, those born between 1981 and 1996, are the
largest demographic in America. In a recent article for Industry Week,
author Richard Farrell takes a look at how manufacturers can attract this
younger generation. Drawing on both anecdotal evidence and demographic studies,
Farrell makes a number of helpful observations about how to encourage
millennials to enter the manufacturing field. …
Planting season is a busy and often stressful time. It can
be particularly wearing on a farm’s workforce. In a recent article for AG Web, author Sara Schafer offers some
tips for farm managers looking to offer improved support to their team during
busy season. She suggests the following:
Make sure your workforce is big enough. A labor
shortage …
Transitioning a farm operation from one generation to the
next is no small feat. In a recent article published by Farm Futures, author Mike Wilson offers some advice for those faced
with this tricky task.
What is it that makes farm succession so difficult? Wilson
highlights three factors:
People who farm tend to be very private and
don’t easily …
For farmers seeking to increase their bottom line,
diversification might just be the answer. In a recent article published by Successful Farming, author Natalina Sents
offers some advice for farmers looking for new sources of income and
investments.
Complementary
Ag Business – Consider what new business you could establish using the land
and resources you already own. Sents offers …
Running a successful farming business is no small task. In a
recent article, Raylene Nickel offers some advice for increasing your financial
strength and profitability.
To start off, it’s important to develop a realistic picture
of the efficiency of your current operations. Consider income streams, where
you’re spending money, interest costs, living expenses, debt load, and
structure. Use this …
Does creativity
have a place in the manufacturing sphere? According to Jim Ludema and Amber
Johnson, in a recent article for Forbes,
the answer is a resounding “Yes.” The authors offer a glance at a company
called Crafts Tech, which is “one of the oldest continually operating tool
companies in the U.S.”
In 2014, the owners
of Crafts Tech set out …
Lean
manufacturing is a tactic often employed in the manufacturing industry. The
goal of the method is to minimize waste while maintaining productivity. This is
accomplished though continual process refinement. In a recent article from Manufacturing.net, Robert Logemann
examines five key principles of lean manufacturing:
Value – This principle refers to the need for manufacturers to
know their product and …
