The coronavirus pandemic has had a costly impact on the manufacturing sector in the form of intense inflationary pressure on the prices of raw materials. A recent article from Industry Today offers some advice for manufacturers in light of this reality. Authors Joe Basar and Marta Mussacaleca recommend that manufacturers prioritize materials categories, identify …
This article discusses how, like most industries, technology is having a significant impact on the manufacturing industry. Specifically, the role of e-commerce and how manufacturers should approach this service are all outlined. Whether it is expected online sales growth, buyer-to-buyer expectations, or possessing a modern platform, manufacturing should be gearing up for a wave …
This podcast discusses some of the strategies to avoid getting flagged by the IRS when you are filing for this unique tax year. For example, topics such as home office business expenses, large charity amounts, digital currency, math errors, and stimulus checks are all outlined. It is important to remain reasonable when calculating the …
This article dives into many opportunities/solutions within the manufacturing industry that artificial intelligence and machine learning are being utilized in. For example, workplace safety, machine maintenance, and security are all areas where AI is being leveraged. The world is continuing to become digitalized, and the manufacturing industry is one that can benefit immensely from …
As the coronavirus pandemic effects tend to die down and people start to return to work, it is important for any small business to have an accurate breakdown of time and attendance during the workday. This article outlines many systems that can be utilized including topics such as cost, features, and reviews. Whether you …
This article discusses how the food products manufacturing industry is undergoing a significant change due to a shift in consumer preferences. For example, this shift is driven by food safety and transparency demands as well as other trends such as innovation, cannabis, technological solutions, and sustainable products. Be sure to check out this link …
This article dies into the Many benefits that the architectural, engineering, and construction industries bring to the United States economy. To further their efforts, the government has set up research and development tax credit incentives in order to encourage innovation within the states. However, recently the “U.S. is losing high-paying jobs tied to manufacturing …
This article dives into manufacturing industrial sourcing trends that are taking shape because of the coronavirus pandemic and the vaccines that have followed. For example, syringes, medical injection-molded plastic, and lab equipment are all up significantly. Additionally, sourcing for industrial printing services is also predicted to jump in the first quarter of 2021. Be …
Like most industries, the manufacturing industry was completely changed by the coronavirus pandemic. Although 2020 was the year of hardship and uncertainty, 2021 is expected to bring new trends that manufacturers can take advantage of. Specifically, environmental sustainability, a greater role for analytics, and automation within the workplace are expected to have a big …
This article discusses some key trends to be on the lookout for in the manufacturing industry while also stressing the importance of understanding these trends and applying them to your day-to-day operations. For example, COVID-19 protocols and safety, utilizing the IoT, localized production, and predictive maintenance are expected to have a major impact this …
