Acquiring equipment through leasing and other financing methods is more flexible and customizable to meet unique business needs than most funding options. This makes equipment finance a perfect fit for startups and small businesses, both of which may have trouble getting traditional bank loans.
The truth is that a large portion of this skilled labor shortage cannot be solved by any given manufacturer — in many cases, the people simply aren’t trained well enough, or aren’t willing to take on new skills. With that in mind, making the best of this situation is a matter of using whatever tools necessary to take advantage of the small portion that is under a manufacturer’s control.
There is one absolute that applies to every company, independent of industry: You cannot expect to operate efficiently without dedicated and skilled employees. When looking at the manufacturing industry specifically, finding a highly skilled workforce has proven to be one of the greatest challenges. With such a limited amount of talent in the applicant pool, companies are left to compete for the best employees.
Vendors, managers and bloggers often cite the benefits of “big data,” though most miss the mark in understanding exactly what it is used for, and how it is analyzed. By itself, big data is just raw material, and without a focus on bottom-line results, it is not only meaningless — it can actually be harmful, diverting resources away from a company's core mission.
Machinists at Memphis-based Engineered Medical Systems (EMS) were working up a sweat carving and shaping bars of steel into lifesaving surgical equipment. “If you’ve ever been to Memphis, you know it gets really hot here with really high humidity,” said EMS Controller Charles Stanford. “You sweat walking out to the mailbox. And that heat lasts for a long stretch of time.”
High voltage battery simulator and test systems are essential for conducting testing of the high voltage DC power systems that are such a critical element of electric (EV) and hybrid/electric (HEV) vehicles. To accurately test a high voltage hybrid or electric drivetrain, you need to be able to provide precise, repeatable high-voltage DC power.
Besides calling on knowledge and experience to get the job done, engineers rely on a host of resources and tools that, thanks to the development of mobile applications, are becoming increasingly accessible from handheld devices.
Because quality affects every level of an organization — from the plant floor, to the C-suite, to the customer — it is far more than a cost of doing business; it is a game changer. However, not everyone in your company may understand the true value of quality.
The triple helix. The golden triangle. The Dutch government uses many names to describe its unique three-pronged approach to economic development, but one thing’s for certain: for companies seeking innovation, the system can offer tremendous benefits.
Sales force automation streamlines the sales process, equipping manufacturers with the tools they need to create more effective and more efficient sales programs. But to fully leverage the benefits of sales force automation, manufacturers need to understand how to properly apply these tools across their customer bases.
While properly built brick buildings can reach heights of fifty feet or more and last for thousands of years, any substantial sideways force on the structure cracks the mortared joints between the bricks and turns the thing into a big pile of loose bricks, which do unpredictable things.
The eCommerce imperative in manufacturing is driving a rush to develop and implement first-class eCommerce technologies capable of providing customers the kinds of online experiences they have come to expect from their favorite B2C brands. But blindly adding features and capabilities is a recipe for disaster.
No segment of American industry has more to gain from energy efficiency than the manufacturing sector, using almost 40 percent of the energy consumed in the United States. Replacing inefficient machinery, employing "smart" environmental controls and upgrading lighting, heating and air-conditioning systems can drop utility bills by 20 percent to 30 percent.
Food manufacturers seeking sustainable packaging options often face a tough challenge: finding an eco-friendly solution that does not negatively impact shelf life. Ron Puvak of Plastic Technologies, Inc. (PTI) spoke with Food Manufacturing about how manufacturers can find sustainable packaging solutions, without compromising shelf life.
Happily, the tax code rewards manufacturers who are engaged in these efforts to stay competitive with the R&D tax credit. Unhappily, far too many manufacturing companies, especially the small- and medium-sized, are failing to take advantage of the R&D tax credit.
I’ve been on a lot of facility tours. Some have been interesting, while others have been scattered, unorganized and uninspiring. And some have been so informative and engaging that after walking out of the building, I have found that I am not only a life-long customer and advocate of the company’s products, but my confidence has been so validated, that I have sought out and purchased stock in the company.
Although the company operates a diverse collection of business units in 190 countries, German-based Siemens also employs more than 60,000 people in 130 U.S. manufacturing facilities. So with this in mind, we recently sat down with Helmuth Ludwig, the CEO of Siemens’ Industry Sector in North America.
Developed through global consensus, International Organization for Standardization standards help to break down barriers to international trade. It just so happens that the revision cycle has fallen on some of the world’s most popular standards, with both ISO 9001 (quality) and ISO 14001 (environmental) among those currently being revised.
In today’s business climate, in particular for many industries that serve consumers directly operate under the assumption that they’ll be subjected to a recall incident at some point. But what about the manufacturers who still think, ‘I’ve never had a recall. It’s not going to happen to me.’?
In a new study, published in Science May 31, 2013, Columbia Engineering researchers demonstrate that graphene, even if stitched together from many small crystalline grains, is almost as strong as graphene in its perfect crystalline form.