December 3, 2014 12:53 pm
We all know the that the goal of Vendor Managed Inventory (VMI) is to provide a mutually beneficial relationship where both sides will be able to more smoothly and accurately control the availability and flow of goods. But how many of us are confident we’re actually doing it right?
December 2, 2014 12:44 pm
Economic activity in the manufacturing sector expanded in November for the 18th consecutive month, and the overall economy grew for the 66th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
December 2, 2014 12:24 pm
New technologies can be daunting, particularly in Aerospace and Defense (A&D) manufacturing where the demands on quality, budget, and timely delivery are so high. With such a high value attached to data security and production downtime, manufacturers need to make sure that the potential rewards promised by new technologies are worth the inherent risks they contain.
December 1, 2014 12:39 pm
Whether a manufacturer’s objective is to optimize tax savings or enhance cash flow — or both — an in-depth analysis of equipment is necessary. Assessing current and future asset needs in the form of a lease vs. buy analysis will help determine whether a lease or loan is the best alternative.
November 21, 2014 4:09 pm
Once known as the “Workshop of the World” Philadelphia is looking at a comeback, especially as investments abroad don't look as rosy as they used to.
November 21, 2014 3:21 pm
To meet the growing demand that reshoring will bring, contract manufacturers here in the U.S. should focus on two things: reducing the lead-time of production and improving supply chains.
November 21, 2014 2:59 pm
Envision manufacturing as a left-to-right process with product design on the left and production on the right. Today, the balance of power — and the seat of success — is on the right.
November 21, 2014 12:07 pm
Smart appliances and integrated products depend not only on ideation and generation but also component innovation — better, faster, lighter, and connected are the new rules of the game. Manufacturers who take the lead in developing these products need a way to be as smart as the homes they are helping to build.
November 18, 2014 4:34 pm
American manufacturing has had great success in automating factories with robots and computers in the last 50 years, and computers are now eliminating many service jobs. This has caused a lot of speculation about how far artificial intelligence can be developed.
November 18, 2014 11:54 am
In a nutshell, there are three accounts to the triple bottom line (TBL) — People, Planet and Profit. Profit is often formulated by a team of accountants and carefully monitored by management, but what about the other two components?