Nobody can say for sure if a recession is coming; however, it is clear that if one does occur, it will mean hard times for manufacturers. In a recent article for Industry Today, author Jeff Cagle explores how manufacturers can prepare for the possibility of a recession by motivating their channel partners with extra …
In order to handle the many challenges that manufacturers face today, they need to use innovative, technology-driven solutions, writes Matt Heerey in a new article for Manufacturing Business Technology. Successful manufacturers are those that have begun to tap into the latest technologies, including enterprise resource planning solutions, artificial intelligence and machine learning, machine intelligence, …
New strategies are going to be required in order to manage the labor shortage facing manufacturers, writes Chris Keaveney in a recent article from Industry Week. In addition to upskilling and reskilling current employees, many manufacturers are turning to partnerships with local governments, community colleges, and/or state economic development agencies to train new labor. …
The key to successful innovation in a manufacturing setting is not to find the next best theory or idea—it is to create a culture that supports originality and the pursuit of improvements, writes Jordan Erskine in a recent article for Industry Week. It is also important that your culture support innovation at all levels …
This article explains that Gen Z is more likely to buy a luxury vehicle partially both because of social media and their upbringing. Almost 1 in 6 Gen Zers drove a BMW as their first car, and 1 in 12 said they have an Audi for their first ever vehicle. Out of the current …
This article explains that Gen Z is more likely to buy a luxury vehicle partially both because of social media and their upbringing. Almost 1 in 6 Gen Zers drove a BMW as their first car, and 1 in 12 said they have an Audi for their first ever vehicle. Out of the current …
This article explains that more and more robots are being used on factory floors and assembly lines because there are not enough human workers. Orders for workplace robots increased 40% in the first quarter of 2022 compared to 2021. Worker shortages and rising wages are changing the minds of some manufacturers’ attitudes toward robotics. …
This article discusses the various pitfalls of using an online service to submit your research and development tax credits. For example, these online platforms cannot replace services such as the funded research rule. Further, accuracy is significantly important when filing this type of tax credit, and having a specialist look over your submission instead …
This article discusses the resource that is the research and development tax credit program. Through this program, various businesses can receive credit from the federal government in order to continue innovating and research efforts. Specifically, to this link, the machining industry should be looking at this program in detail. In order to qualify, the …
This article discusses how although technological advancements were put on pause during the coronavirus pandemic, the industry has seen a boom since then. Specifically, trends such as 5G technology, autonomous driving, and edge computing are not only going to impact the way businesses operate, but are also going to impact our daily lives. Technological …
