Posts Tagged ‘best practices’
New-old-lifenew-1-90x90

Aging out of a job is apparently becoming passe’, as more Americans continue to work beyond retirement age. Whether embarking on a new career or sticking with long-held positions, seasoned workers should follow certain strategies to achieve success, career experts advise.
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Adults who took educational trips when they were 12-18 years old earn an average of $5,000 more in annual income and are more likely to be college graduates than their peers who did not travel, according to a new study by market research firm the Wagner Group.
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With the start of a new government fiscal year upon us and the end of the calendar year right around the corner, it is time to review and approve the budget for the upcoming year. Businesses are always looking for creative ways to reduce their costs while continuing to offer the same (or better) level of service and support to customers. Funding for training programs is unfortunately one of the first areas of the budget to be subjected to cuts. Annual training programs are beneficial to both the employee and the business, so instead of reducing the budget, why not utilize a training consortium to receive the maximum benefit from your training dollars? A training consortium benefits your business in the following ways:
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An accurate sales forecast helps businesses manage inventories, identify market trends, determine staffing levels, and set business goals. So what do companies have to do to get sale forecasts right?  Read more


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Manufacturers face a dilemma when it comes to equipment maintenance and repair. Should they overstaff technicians to ensure that any problems are fixed as quickly as possible to minimize downtime? Or is it better to keep maintenance staff low, saving on labor costs but risking extensive production loss due to malfunctioning equipment? Read more


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What does it take for a company to lead in safety culture?  At a seminar titled “Creating a World Class Safety Culture” at the Grainger Show held earlier this week, Dr. W.E. Scott, Ph.D., PE, a consulting services manager at the National Safety Council, provided tips that managers can follow to establish a safer, more effective work environment. Read more


Credit: Helpameout

Industrial companies of all sizes are confronting massive volumes of data – financial transactions, logistics stats, RFID and bar-code data, images, web analytics, social media streams, machine data, sensor readouts – all streaming in at high velocity and in a dizzying variety of formats. This “big data” concept has emerged in recent years as an important new decision-making tool for manufacturers. Read more


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