Analyst firm MPI discusses growth opportunities for manufacturers and why targeting micro-markets is a growing trend. The paper examines the issues around micro-markets and how technology solutions can help manufacturers meet specialized needs, such as regulation and compliance requirements specific to a vertical industry.
In a world of exploding market complexity, being relevant to customers by providing the best possible customer experience and service is indispensable in growing the business. In practical terms, this means companies have to become more agile and responsive to customer needs.
Manufacturers are hungry for growth. Following a debilitating recession and sluggish recovery period, many manufacturing leaders are ready to play for higher stakes, take bigger risks, go all the way in for the big payoff. Growth has to be just around the corner, they predict. Is it idealistic, wishful thinking?
Today’s manufacturers face a wider range of challenges than ever before—most notably, greater, more varied competition and the complexities of a globally extended supply chain. At the same time, the opportunities for success have never been more far-reaching.
Dashboards can positively change the way we view, disperse and work with information. They allow for a better understanding of data and greatly reduces the amount of time spent gathering and analyzing data. However, as decision makers are presented with such varied information, a key challenge remains in presenting the information. Software companies continually try to improve their report formats, using charts and graphs to provide a user-friendly interface to data and information.
With the widespread adoption of business intelligence (BI), it’s no secret that dashboards help convey potentially complex information. An effective dashboard will display only the data that is relevant to its viewers. By leveraging user roles and permissions, administrators are able to ensure that the appropriate viewers see the right information.
The difference between making good decisions and making bad decisions is the quality of information used to make those decisions. In many businesses today, decisions are being made based on old or incomplete data because there is no easy way to extrapolate data and communicate findings in a timely manner.
What are the issues with bearing lubricant? According to a major ball bearing company, 54 percent of bearing failures are lubrication-related. Original equipment manufacturers (OEMs) often overlook a simple solution that can have a positive, long-term impact on profitability for themselves and their customers: the elimination of bearing lubricant. Download now to learn more!
No matter how intricate or simple the project, there is an Energy Chain cable carrier that provides a low maintenance, cost- effective solution. Energy Chain cable carriers are available in a wide range of sizes, styles and high-performance plastic materials. All of the company's standard materials are extremely versatile and ideal for almost any application. Download now to learn more!
Manufacturers like you can gain a competitive advantage from the Internet of Things (IoT), or connecting items in the physical world to the Internet. Download the now to learn how IoT can help manufacturers improve resource efficiency, safety, and return on assets, plus grow revenue and save money.
Learn about the 5 best practices for labeling – using risk assessment, applying the standards, including symbols and more – that can help your company protect people from harm, reduce liability risk and open new global markets.
Learn how Arena ensured an immediate ROI for Sinton by reducing shipping delays, decreased product errors, and – most importantly — measured cost savings.
To formalize manufacturing processes and operations to accelerate time to market, reduce product errors and bogus parts, Graphite Systems turned to Arena's cloud-based solution. In addition to decreasing design cycles from six months down to a few weeks, we explore the other results that were delivered in this case study.
Discover why the Food and Drug Administration (FDA) and other regulatory bodies see the concept of total product lifecycle (TPLC) management as the gold standard for ensuring quality and guiding a medical device from concept to completion.
CFOs know that on-time, “first-to-market” product launches materially impact market share, margins and revenue. But now these new agents of change have a hands-on involvement in determining non-trivial solution purchasing strategies that will achieve that goal.