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 …
Technological innovations are having an explosive impact in
the manufacturing sector. A recent article from Industry Week makes some
predictions for the direction of manufacturing technology in 2020.
Additive Manufacturing (AM) – This refers to
technology such as 3D printing, where materials are joined together, usually
layer by layer, to create new objects. Advances in this area have made …
The value of the Industry 4.0 market is predicted to exceed
$150 billion within the next five years—so what do you need to know about it? A
recent article from Industrial Machinery Digest offers an overview of
the technologies it includes.
5G Connectivity – This is the fastest and most
reliable wireless network to date. Applications of 5G technology …
What does this year hold for the manufacturing industry? A
recent article from Manufacturing Business Technology makes three key
predictions about what will impact the industry most in 2020.
5G-Connected Manufacturing Devices – The
incidence of 5G connectivity between manufacturing devices is predicted to
skyrocket in 2020. This type of connection is lightning fast and able to manage
large amounts …
Family business isn’t the same as it used to be. In the
past, the most common model was for a family to focus on one business together.
These days, families are more likely to branch out beyond their legacy
business, working together to support one another in new ventures. A recent
article for Industry Week examines what it …
With experts
reporting that the manufacturing industry is headed toward recession, what can
you, as a manufacturer, do to mitigate the upcoming damage? In a recent article
for Forbes, Louis Columbus discusses how manufacturers can employ a
data-driven strategy to achieve growth, despite uncertainties.
Columbus recommends
that manufacturers try the following methods:
Improve their aftermarket performance by drawing
on the data …
Operating a
manufacturing company in the midst of a trade war is tough. In a recent article
for Industry Week, authors Jeff Jorge and Brian Simpson offer some tips
for continuing to pursue manufacturing growth despite economic uncertainty.
They recommend the following:
Pursue supply chain partners in countries not
involved in the trade war.Search for areas where you can take …
For
manufacturers, distributor relationships are key. They can have an enormous
trickle-down effect on other key relationships. In a recent article for Thomasnet,
Brittany Asciolla discusses how manufacturers can improve their
supplier-distributor relationships.
The first
step is to fully understand the issue at hand. B2B buyers want to buy online,
and they want to do their own research. As such, …
Change is
often key to a manufacturer’s ability to remain successful. Unfortunately,
resistance to change often starts with top management, explains Paul Vuolle in
a recent article for Industry Week.
The key to
successful change, then, is buy-in on the top level. Company leaders need to be
on board with committing to and implementing change. Vuolle offers the
following recommendations …
