8 Causes of Lost Productivity in Manufacturing and How Managers Can Address Them in 2022
Addressing lost productivity is particularly critical in today's climate. Despite technological advancements and economic growth, manufacturing productivity has declined since 2010, likely for the first period in American history.
ELECTRONICS SUPPLY CHAIN CHALLENGES
Strategic Sourcing is about investing in alternate sources and deep supply-based analytics to squeeze every available part out of the worldwide supply.
How Will Labor Shortages Impact Metal Fabrication in 2022?
The American Welding Society estimates a 400,000-worker shortage by 2024. The urgent need for more welders and higher skill levels among welding personnel is widely known and accepted in the U.S. manufacturing industry.
Digitization in Manufacturing: Top 5 Reasons & Benefits
By implementing intelligent processes, data processing enables the creation of strong manufacturing roadmaps, improves product quality, and influences end customer sentiments.
4 of the Most Important Safety Practices in Automated Factories
The manufacturing sector increasingly relies on factory automation to reach targets and keep quality levels high. However, no matter if a facility is fully or partially automated, there are essential safety practices to follow. Here are some of them.
Keys to Building More Autonomous Systems Into Manufacturing
Both autonomous manufacturing and hybrid autonomous manufacturing introduce a level of automation never seen before. The system does all the work, with machines and technology as a strong foundation, and people are relegated to monitoring and support.
New Solutions for Materials Manufacturing Reduce Environmental Impact in Construction
While zero-emissions equipment and waste reduction strategies are crucial, sustainability is complex, involving far more factors than construction work itself. The manufacturers that produce building materials must also improve for the industry to become truly sustainable.
Variable speed drives: the dark side
According to ABB, the power and automation company, the addition of a VSD can reduce energy consumption by as much as 60 per cent. This means that, if a 90-kW motor in continuous operation is combined with a VSD, financial savings can amass to over £9,000 per year.
Copper Shortages Present New Manufacturing Challenges in 2022
While the refined copper market had a 142,000-ton surplus in 2020, experts predict that to fall to a 219,000-ton deficit by 2025. This shortage has already started to take effect and will have increasingly severe consequences as it continues.
It's Not Just Consumers Who Prefer To Buy Online
Gartner found last year B2B buyers now only spend 17 percent of their time meeting with potential suppliers and vendors when deciding a purchase. Virtual selling via digital channels and commerce to price to quote (CPQ) techology is predominating.
The Future of Supply Chains Post-Pandemic
Wondering how to solve supply chain problems? Leaders should ask these three questions to uncover supply chain strategy opportunities.
Hyperautomation - what's the hype?
There are a number of reasons why a business may strive for hyperautomation. For instance, it may be to increase productivity to keep up with rising demand without the rapid expansion of factory floor space and employees.
Improving Recruiting Efforts to Fill Manufacturing Roles
Recruiters in this industry have a difficult task of competing for highly skilled workers in a limited candidate pool. To fill these roles, recruiters are creating new best practices to better reach top talent, saving organizations significant time and money.
How to Identify & Avoid Greenwashing in Manufacturing
This concept of raking in the financial benefits of "being green" without really making an effort to become more sustainable as a company is known as greenwashing.
Michigan Economic Development Corp. (MEDC) Starts Preparing Companies for the Future of Manufacturing
Michigan's manufacturing sector is crucial to its economy. It accounts for nearly 20% of the total output in the state, generating $102.35 billion and employing 631,000 people. Here's what MEDC is doing to ensure this critical part of the economy maintains growth.
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