Industry WeekMore from Industry WeekBusiness Strategy AlignmentRobots Can Be Scaled to Safely, Efficiently Work Alongside HumansRobot installations are estimated to increase an average of 12 percent per year from 2015 to 2017, according to the International Federation of Robotics. Those IFR statistics note that "human-machine collaboration will open up new applications and attract new customers."September 10, 2015All Technology'Lean' Accounting Concerned With Value Stream From Customers to SuppliersIn the "Benefits of Lean Accounting in a Lean Manufacturing Company," author Dan Anthony discusses the major differences between traditional and lean accounting, starting with a quote from Taiichi Ohno that says "costs do not exist to be calculated; costs exist to be reduced." This really gets to the core of the difference between traditional and lean accounting: traditional accounting focuses primarily on the cost of goods sold, whereas lean accounting focuses on the value stream from customers to suppliers.September 4, 2015All TechnologyWith the Internet of Things, We're at the Dawn of Smart ManufacturingManufacturing worldwide is on the cusp of a revolution. New information technologies are suddenly offering not only to make the management of manufacturing more effective, as we saw with early versions of plant and enterprise software, but the work itself smarter.August 21, 2015All LogisticsOffshoring Has Lost Its LusterReshoring is delivering wide-ranging benefits for an increasing number of U.S. manufacturers, who see it as a way to maintain (or regain) global competitiveness. According to the Reshoring Initiative, in 2003 about 140,000 jobs were lost to offshoring. In 2014, for the first time in two decades, the U.S. realized a net gain of 10,000 reshored jobs.July 31, 2015All TechnologyInternet of Things Coming to You - Whether You're Ready or NotIf you're not in the communication business now, you soon will be. The Internet of Things (IoT) will see to that.July 6, 2015All TechnologyManufacturers Returning to U.S. Must Find Ways to Finance Equipment NeedsOnshoring has become a major trend in the United States. U.S.-based companies are increasingly pulling their overseas manufacturing efforts and setting up shop in the States. How are they meeting their needs for heavy equipment?July 1, 2015All TechnologyInternet of Things Gives Companies Opportunities in Customer Service ManagementNew market opportunities are available to companies in almost every industry from the data that IoT delivers. These new opportunities could be as simple as getting information from sensors about what is happening on the manufacturing plant floor causing automatic manufacturing updates, potential adjustment to customer order delivery dates or even a maintenance work request to handle a detected equipment malfunction. All of these opportunities cause changes to be made to the supply chain.June 11, 2015Business Strategy AlignmentSort, Straighten, Shine, Standardize and Sustain Your CompanyThose of you grew up with Sesame Street may recall that each episode was brought to you by a different letter of the alphabet. I experienced my own version of this phenomenon three years ago, when much of my job suddenly became all about the letter "S" - or more accurately five of them.May 26, 2015Business Strategy AlignmentU.S. Manufacturing Could Learn a Lesson from Europe's Programs to Train JourneymenThere are many articles about the problem of America's "skilled worker shortage" and why we need advanced training; but most don't define or explain what they mean by "advanced training."May 5, 2015All TechnologyAmong Many Things on Manufacturing CFO's Mind Is How to Craft Effective Corporate Income Tax StrategyBalancing daily operations and long-term strategy is at the forefront of every chief financial officer's mind, and in a business environment that is often riddled with a multitude of daily challenges and high demands on time, a focus on long-term success is required to maintain a company's competitive edge.April 27, 2015Previous PagePage 4 of 30Next Page
