Clayton & McKervey offers tips for business survival during COVID-19, including utilization of "rolling 13-week cash flow analysis"
The realities presented by the COVID-19 health crisis have businesses focused on survival. The most important step to take after ensuring the safety of the team is to protect the company's cash position to the degree that's possible.
Manufacturers routinely export around the world and with it, the product's technical documentation. However, while products and the means of operating them are universally comprehensible, exactly how one should operate them isn't assured.
Like many other industries, agriculture has discovered the benefits of data mobility, industry 4.0, and new technologies that unlock productivity and cost savings.
If your business has been walloped by the various challenges in the sector, converting the company to an employee stock ownership plan (ESOP) could be a way forward.
Despite deploying six-axis robots in automotive production as early as the 1960s, America has an unusual relationship with automation. The technology is still largely seen as a threat to American jobs.
A Bill of Materials (BoM) is an extensive list of raw materials, by-products, components, assemblies, and packaging material needed to make a finished product.
Manufacturers who can successfully launch new customer experiences before their competition will maintain market leadership, ward off new market entrants and earn well-deserved buzz. The latest product innovations are all about the customer: autonomous vehicles, cloud- and mobile-based features, over-the-air upgrades, new materials, AI-driven manufacturing.
Hyper customization, smaller batch runs, a shrinking labor pool, energy availability, and global competition are factors that are increasing in importance and are also pointing to a much-needed new direction that companies will need to take in order to remain relevant ...
In 2020, manufacturers are one tweet away from disaster. Those firms with a global footprint are particularly vulnerable in 2020. Gabriel Smith, the Chief Evangelist of Pricefx, insists to compete in 2020 (and beyond), manufacturers need to be prepared to react immediately to changing market conditions much quicker than the decade just ending.
One of the trends we've identified is the interest by diversified industrial companies to streamline businesses and realign around key markets or customer segments to further drive results. We're seeing an increase in mergers, acquisitions, and divestitures as these companies recalibrate their capabilities.
Embracing the circular economy means trading straight lines and dead ends in landfills for a true reduce-and-recycle mentality: one that lets far less material, energy and effort go to waste.
Corrosion management must move beyond its traditional maintenance strategies - corrective maintenance and periodic maintenance.
Space industry has been revolutionized by the ever-increasing production and launch of small satellites. Additive manufacturing technologies not only helped this radical change to be fulfilled, but have itself reached new heights with the manufacture of structural component.
Operational benefits build efficiencies into the manufacturing process and strategic benefits build out new business models and revenue streams.
Reusing water means using less which means lower bills every month. There's nothing wrong with that. Also, by using less water, you also get to reduce wastewater.
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Robotized system for grinding and cutting with discs and the precision cutting with plasma technology of aeronautic parts. This Robotized system is produced for the finishing of aeronautic parts. This machine utilizes the grinding and cutting with a Ø1000mm disc. It is also allowing the precision cutting with plasma technology.