Business & Industry

10 More Questions to Ask Manufacturing Employees

Churn is also costly and highly detrimental to manufacturing businesses, since they rely on well-trained workers with operational knowledge. The cost to replace a manufacturing employee, when factoring in investment in training, is orders of magnitude above salary. Businesses must stay on top of the pulse of the workforce. [Editor's Note: This article is a continuation of Michelle Benjamin's...

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Business & Industry

How the Internet of Things Is Transforming the Value Chain

Companies' efforts around connected machines and the Internet of Things (IoT) are starting to achieve efficiencies and financial returns. Much greater benefits are yet to come, according to innovators in this area, who are predicting that the emerging IoT will transform business models across the value chain for manufacturers, particularly those in the business of producing equipment. Advisory...

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Business & Industry

Maintenance Savings: To ERP or Not to ERP?

Maintenance-specific modules from suppliers of enterprise resource planning systems have traditionally involved costly implementation and learning curves and thus less-than-desirable ROI. Manufacturers can consider going the route of partner solutions, usually software-as-a-service, to achieve maintenance operations savings. Enterprise resource planning systems can be large and complex and a pain...

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Business & Industry

The Connected Car Opens Up World of Possibilities

In the second article of a series on machine-to-machine, Internet of Things, and Big Data, Machina Research provides insights around developments in connected cars. Principal analyst Emil Berthelsen covers current applications and possibilities, market size and potential, and who can benefit from connected vehicles. In a recent study, Machina Research unveiled its inaugural rankings of global...

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Business & Industry

Industry Crib Sheet: Manufacturing Expected to Continue to Rumble

Trade Gap Continues to Shrink on Record Exports Jobs Growth Cools Down Significantly in August New orders to U.S. production plants soared a record 10.5 percent in July on a 74 percent bookings spike in the volatile transportation sector. The somewhat misleading double-digit gain was propelled by an eye-popping 317.3 percent surge in demand for civilian and commercial aircraft as well as a 97.7...

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Business & Industry

Editor's Note: Clear and Present Strength

The IMTS trade show in Chicago this week will prove that manufacturing is not only back but growing. Manufacturing will continue to be a major driver of national GDP, and the buzz about digital manufacturing here shows that technology will continue to the scope and nature of mass production. On my flight to Chicago, I sat behind a gentleman who was reading Wikipedia's entry on numerical control....

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Business & Industry

The Light Side: HitchBOT Journeyed for Human-Robot Relations

BugJuggler: A Robot for Juggling Volkswagens Fossils Suggesting 'Dinosaur Daycare' Discovered The smiling, smart-talking hitchhiker robot known as hitchBOT, which quickly rose to viral fame as it made its way across Canada, has proven that humans and bots can trust one another until the Terminators arrive. It was a wild 4,000-mile hitchhiker's journey for hitchBOT that began on July 27 at the...

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Business & Industry

Why Accenture Thinks It Can Rattle IBM in PLM

The continuing evolution of manufacturing digitization, of which product life-cycle management (PLM) is a part, is spurring global demand for PLM and enterprise resource planning software integration services. Consultant Accenture ranks second only to IBM in the PLM services market, and its eye is on facilitating the manufacturing digital enterprise. While they might not be the celebrities of the...

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Business & Industry

Book Review: 'Warehouse Management' Is a Full-Spectrum Analysis

Warehouse Management is an all-in-one resource for managers who wish to look at everything there is to be learned about modern warehouse best practices and how the warehousing function ties into a larger role in supply chain efficiency. Warehouse Management: A Complete Guide to Improving Efficiency and Minimizing Costs in the Modern Warehouse, 2nd Edition (Kogan Page, 2014), by warehouse...

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Business & Industry

Collaborative Robots: A Gateway Into Factory Automation

There is a misconception that robotic work cells are not compatible with custom or small-batch manufacturing common with small and medium-sized enterprises. But human-robot production environments, made possible with safer and collaborative-style robots, are tangible and lower-cost entrees to automation for such companies. Manufacturing is an integral part of a nation's fiscal stability and...

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