Industry Trends: Business & Industry

Business & Industry

Keeping Innovation Alive in the Family Business

There are challenges in every business, but family businesses tend to suffer harder when there are obstacles and especially conflict. Family businesses must turn the "familiarity mindset" into an advantage. Combining this familiarity with a culture of innovation can accelerate new ideas and ways of doing things to keep the business flourishing. Two brothers owned and operated a manufacturing...

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Business & Industry

State of Packaging and Opportunities in Carbonated Soft Drinks

With trends toward healthier beverages threatening the growth of carbonated soft drinks, finding new and innovative ways to get consumers to buy through packaging stimuli will be a key focus for packaging manufacturers and brand owners. However, cost will still be the key ingredient to any new packaging feasibility. The carbonated soft drinks (CSD) segment is a mature category in the beverage...

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Business & Industry

Product Life-Cycle Management Market in a Period of 'Digestion'

The product life-cycle management (PLM) market is growing. After the 2009 recession, PLM investment from 2010 onwards showed a higher growth rate than most general IT spending. But there is a dark cloud: The growth rate fell by more than half in 2013. Here are some numbers from analyst CIMdata: 2011: Overall investment in PLM was up 15.2 percent to $29.98 billion compared to 2010. 2012: The PLM...

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Business & Industry

Why Risk Is Critical to Quality Management: 3 Functional Ways

When an operational risk management framework is embedded into quality management systems, the two begin to feed each other information that mutually improves both of these functions internally and in the supply chain. Like many things in life, enterprise quality management approaches are not static. Certainly there are timeless elements of quality management strategies that have been applied for...

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Business & Industry

Editor's Note: Holding the Charge

After a few years, electric vehicles have made a lot of progress, but they still have a mountain to climb against gasoline cars. Still in the single digits in market share of all vehicles, a lot more needs to happen technologically before EVs can play in the big leagues. On the market for a good number of years now, electric vehicles, including hybrids, plug-in hybrids, and pure battery cars,...

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Business & Industry

Industry Crib Sheet: Show of Manufacturing Strength at IMTS

Procurement Software a $1.5B/Yr Detour from Efficiency Power Plant Capacity Growth Slows Down in First-Half '14 The largest and longest-running manufacturing trade fair in the United States set new show records earlier this month for attendance and exhibitors, underlining a vibrant manufacturing sector that is poised to continue growing in spite of ongoing sluggishness in the post-recession...

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Business & Industry

The Light Side: There's More Than One Way to Skin a Robotic Exosuit

Robotic Bartenders Are About to Set Sail on Cruise Ship Airbus' Transport Plane Has Had a Whale of a Time Don't Let the 'Check Engine' Light Worry You Again Robotic exoskeletons not only represent a strength-augmenting, fatigue-reducing application of wearable technology, they're just cool to look at. And while a Korean shipbuilder, for example, is exploring exosuit technology for its workers,...

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Business & Industry

10 Simple Warehouse Safety Hacks

Safety measures not only ensure operations such as warehousing are compliant with federal workplace laws, they engender better worker ergonomics, productivity, and less strain and fatigue. Here are inexpensive, quick-hit ways to ramp up warehouse safety. In warehousing environments, safety must be taken seriously, not only for the protection of employees and compliance with Occupational Safety...

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Business & Industry

Product Data Management 101: Eliminating Wasted Time

One of the biggest enterprise time-wasters is the administration of CAD file information, including printing, sending, and version tracking of files. Product data management can automate or simplify most of these tasks demanded by cross-functional departments. Cloud-based PDM now enables companies to get started, scale up, or scale down cost effectively. Maybe it's time your company designers and...

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Business & Industry

How the Internet of Things Will Turn Manufacturers Into Service Providers

The emerging Internet of Things (IoT) is already providing efficiencies and cost savings by giving companies operational visibility through connected devices. But innovation experts say IoT offers a far more important chance for manufacturers to extend their reach and revenue opportunities with the equipment they produce. Glen Allmendinger, president of Harbor Research, a strategy firm based in...

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