Decoding Business Valuation: What Manufacturers Need to Know (Part 1)
Manufacturing business owners must specify the subject interest (i.e., what's being valued, precisely), valuation date and intended user or users. Appraisers can help owners make these decisions, but cannot make these decisions themselves.
Three Resume Tips to Land a Leadership Role in Manufacturing
Following in the footsteps of e-commerce giants like Amazon, more manufacturing companies are eagerly pursuing opportunities to expand supply chains on a global scale, increase inventories and jumpstart the entire manufacturing process.
Digital Transformation in the Industrial Sphere
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 ...
Connecting Companies and Breaking Communication Barriers
The networking needs of a manufacturing floor are very different than that of the front office. Manufacturers cannot tolerate network outages on the plant floor where time truly equals money.
A Wake-Up Call for End-of-Life Risks for Manufacturers
It may be hard to believe, but there are still a large number of outdated systems, such as Windows 7 for clients and Windows 2008 for servers, which are running key areas of companies' businesses. Worst yet, some are still using Windows XP, Windows Server 2003, Office 2007..
Bridging the Skills Gap: Veterans in Manufacturing
Integrating veterans into the workforce is a smart and straightforward way for industry employers to invest in the future of America's veterans while also investing in the future of manufacturing.
From Blockchain to Digital Twinning: Technologies That Can Revolutionize Business Models in Manufacturing
In its recent 'Exponential technologies in manufacturing' study, Deloitte observes that organisations from every industry now face mounting pressure to transform and make the shift from product-centric business models to capture other sources of value
Using Open Software in Manufacturing
We see a shift from big, monolithic software by large vendors to modular, highly specific components by smaller ones. This allows manufacturing companies to become more agile in the tools they use, ultimately allowing them to more easily find the best tool for the job.
Four Key Technology Trends - How Engineering Software Companies Can Capitalize on Them
The exact impact of IoT, AR/VR, mobile, and generative design will vary from company to company, but make no mistake: These trends are already starting to shape the landscape around them.
IDC FutureScape: Worldwide Manufacturing 2019 Predictions
Key themes woven into our worldwide manufacturing top 10 predictions for 2019 include the focus on digital transformation (DX), manufacturing business ecosystems, supply chain management, product and service innovation, and smart manufacturing.
Three Reasons Why Manufacturers Should Work With Secondary Sourcing Partners
These secondary sourcing partners might only be temporary or assume small roles in regular production, but the advantages manufacturers realize from having a reliable backup readily available are substantial
Interview with FactoryFour Co-Founder & CEO Param Shah
In the next 10 years, 4.6MM manufacturing jobs will become open and only 2.2MM are likely to be filled. As this skills gap widens for manufacturing firms, it's going to be critical to run their organizations as efficiently as possible.
5 Steps to Preparing for the Future in the Manufacturing Sector
The manufacturing sector currently contributes £6.7 trillion to the global economy. Despite being subject to regular negative reports, the UK continues to play a significant role in the evolution and growth of global manufacturing.
Creating a Flexible Manufacturing Facility Using Automation Technology
In terms of manufacturing, flexibility refers to the machines being adaptable and responsive to change. In the case of flexible manufacturing, the machines are able to adapt processes and scale their operations according to different situations...
Manufacturing Jobs in the Gig Economy
In order for a manufacturing company to truly scale and catch up to the technology demands of their business, they need to identify and secure talent at all levels that help them meet their demands in real time.
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