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.”
Fastems Group will host an online Open House & Conference entitled "Productivity Beyond Machine Tending" on November 4, 2020, starting at 11:00 EST. The virtual event will showcase the latest developments in automation and surrounding technologies to all metalworking manufacturers.
The SME Education Foundation has announced a new $2 million diversity, equity and inclusion scholarship to increase awards to underrepresented students, beginning in 2021.
FANUC America and Plus One Robotics said they have paired their technologies to meet the needs of their mutual customers in e-commerce.
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.
The Oregon Manufacturing Innovation Center Research and Development (OMIC R&D), a manufacturing research campus hosted by Oregon Tech, has received a $154,000 sponsored project from SMW-AUTOBLOK Corp.
An executive makes the case for why manufacturers may want to change how they procure health plans.
Capstone Headwaters released its Precision Manufacturing Mergers & Acquisitions (M&A) Update Sept. 17, reporting that transaction activity in the precision manufacturing industry has remained strong despite the pandemic.
Leak detection testing is growing in importance with the development of electric and self-driving vehicles.
