Business & Industry

Risky Business

Just when I thought the manufacturing community was moving in the right direction by focusing on product innovation (or at least talking about it), along comes news of yet another IT category that is sure to keep CIOs distracted while draining their tech budgets. Is it worth your while? You betcha. What is Enterprise Risk Management (ERM)? Depends on who you ask. According to ERM vendor Aon, it's...

Read More »
Business & Industry

Purchasers Pleased with Chosen Career

Despite purchasing professionals' ongoing changes and challenges these days, a recent report suggests that, if given the chance, the majority of buyers are pleased enough with their career that they would not change it. Purchasing professionals have a lot with which to contend these days: the technology curve to progress, industry consolidations, higher material costs and the lack of resources...

Read More »
Business & Industry

Overheard on IMT: 2/13/06-2/17/06

...Because we'd rather not put words in your mouth... President Bush can throw as many teachers as he likes into the pot, but it will solve nothing. The problem with American innovation and competitive edge has nothing to do with an imaginary lack of skilled labor. The problem is with American corporate executives whose only concern is with profit margins […] -Stan Snyder, on The State of...

Read More »
Business & Industry

Light Friday: Valentine's Day Infidelity, Robot Uprising...

...the Incredible Hulk has a badge, more robot stuff, Fabio's continued butter disbelief and so much more. Quick Newsflash & Observation: It snowed in New York last weekend. And when it snows even a little bit in The City, navigating the sidewalks and intersections becomes both a science and a fine art. And when it blizzards...well, the task is so nearly impossible that you simply throw up your...

Read More »
Business & Industry

Closing the Trade Promotions Gap

How would you feel after winning the lottery? Pretty darn good, right? Now imagine being forced to flush your winnings straight down the toilet. That's precisely what the trade promotions process is like for many of today's manufacturers. Here's why... According to Hand Promotion Management, manufacturers worldwide spend upward of $700 billion annually on trade promotions — money that is...

Read More »
Business & Industry

Brands Will Be Shed

It seems as though product innovation in 2006 is going to take a backseat to the latest trend du jour: brand shedding. This year likely will see the shedding of more brands, including some of the world's most beloved products and some of the newer corporate culprits. Now that consumer goods manufacturers have finally figured out how to reduce the exorbitant costs associated with shipping their...

Read More »
Business & Industry

Mass Customization: A Leading Paradigm In Future Manufacturing

"It seems counterintuitive: successful manufacturers that mass-produce and, at the same time, individually customize their products for consumers," a recent article in The Manufacturer said. "But many manufacturers have found a way to make it work, using innovative management techniques and technology." It is difficult, nigh impossible, to argue that the future of U.S. manufacturing doesn't...

Read More »
Business & Industry

Pro Footballers Pay with Pain, OSHA Pays Pain Little Mind.

Is "NFL football player" an unsafe occupation? As we consider this a blog for professionals, we hesitate to use the phrase, "Duh." But where does the Occupational Safety and Health Administration (OSHA) stand on the topic? As Super Bowl XL wrapped the year's NFL football season two weeks ago in Detroit, some of the league's players will still feel their injuries: knee injuries; sprained and...

Read More »
Business & Industry

Managers? OK. Leaders? Better.

Ask anyone and they'll tell you. There's a difference between managers and leaders: Management is a career, leadership is a calling. But experts say leadership skills can be developed and mastered. Here we provide ways in which to improve such skills and the importance of doing so. Anyone can be a good manager, according to management professional John Reh: "It is as much trainable skill as it is...

Read More »
Business & Industry

Rockets In the Sky, With Drivers

Rocket-powered airplanes. Check. Drivers. Uh-huh. Checkered flags. Probably. A five-thousand-foot-high racetrack. Oh yeah. Billed as the 21st century's newest and greatest innovation in sports, The Rocket Racing League is kind of like NASCAR or the Grand Prix — in the clouds. Let's go to the races! Speaking of sports, there is a new sport that is being billed as the 21st century's newest and...

Read More »

COVID-19 Response Suppliers COVID-19 Response:
Can Your Company Help Provide Critical Supplies?

We are using the power of our platform to aid in the mass shortage of critical supplies. If your company can help provide supplies, capabilities, or materials for products such as N-95 Masks and Tyvek SuitsPlease let us know.

COVID-19 Response Suppliers