Shyft Group, Inc. said it F3 MFG Inc. (“F3”), an aluminum truck body and accessory manufacturer.
Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
To grow in today’s manufacturing world, shops need to consolidate operations, automate, increase efficiency, capture and analyze data and more, in order to fully leverage opportunities in thriving industries, such as aerospace.
To speed production and increase worker safety in the aerospace industry, major manufacturers are willing to pay a higher price for quality equipment.
The SME Education Foundation has announced a new $2 million diversity, equity and inclusion scholarship to increase awards to underrepresented students, beginning in 2021.
Manufacturers are increasingly analyzing their supply chains to mitigate cybersecurity and environmental risks with the goal of building more secure, resilient, agile organizations, keynote panelists at the Best of SMX virtual event said in October.
While water and fire tube boiler power plants may be considered archaic, they now power much of North America and will for some time, even as newer, cleaner, greener tech transitions into the mainstream and becomes practical.
According to a survey conducted by ISM, 75 percent of U.S. manufacturing companies experienced delayed resources and materials due to the COVID-19 pandemic. The outbreak has forced manufacturers to rethink supply chains to allow for product diversification.
Manufacturing added 38,000 jobs in October, with a majority in durable goods, the Bureau of Labor Statistics said today.
Hexagon AB, a developer of sensor, software and autonomous solutions announced the signing of an agreement to acquire DP Technology Corp., developer of the ESPRIT CAM System.