Tips for Creating a Strong Family Enterprise
Family business isn’t the same as it used to be. In the past, the most common model was for a family to focus on one business together. These days, families are more likely to branch out beyond their legacy business, working together to support one another in new ventures. A recent article for Industry Week […]
Using Data to Your Advantage During a Downturn
With experts reporting that the manufacturing industry is headed toward recession, what can you, as a manufacturer, do to mitigate the upcoming damage? In a recent article for Forbes, Louis Columbus discusses how manufacturers can employ a data-driven strategy to achieve growth, despite uncertainties. Columbus recommends that manufacturers try the following methods: Improve their aftermarket […]
Navigating Growth in the Face of Uncertainty
Operating a manufacturing company in the midst of a trade war is tough. In a recent article for Industry Week, authors Jeff Jorge and Brian Simpson offer some tips for continuing to pursue manufacturing growth despite economic uncertainty. They recommend the following: Pursue supply chain partners in countries not involved in the trade war. Search […]
CHANGE: How to Improve Your Supplier-Distributor Relationship
For manufacturers, distributor relationships are key. They can have an enormous trickle-down effect on other key relationships. In a recent article for Thomasnet, Brittany Asciolla discusses how manufacturers can improve their supplier-distributor relationships. The first step is to fully understand the issue at hand. B2B buyers want to buy online, and they want to do […]
Change Starts at the Top
Change is often key to a manufacturer’s ability to remain successful. Unfortunately, resistance to change often starts with top management, explains Paul Vuolle in a recent article for Industry Week. The key to successful change, then, is buy-in on the top level. Company leaders need to be on board with committing to and implementing change. […]
Using New Technology in the Manufacturing Workplace
As augmented reality and virtual reality technology becomes increasingly advanced, its applications to a variety of sectors grow. Manufacturing is no exception. In a recent article published by Manufacturing.net, author Jonathan Wilkins examines various applications of VR and AR technology within the manufacturing industry. Improved Production – Using VR technology to perform predictive analysis can […]
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