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.”
Extreme complexity is inherent to jet engines of all sizes, from those on a Boeing 777x to ones that power the smallest drone.
Tesla and the march to all-electric cars and trucks may get most of the press. But the reality is that most U.S. automakers need to tackle the twin challenges of building both new components unique to electric vehicles while also building internal combustion engines (ICEs) that are ever-more fuel efficient.
Manufacturing operations face a multitude of cyber threats. The latest dangers from hackers include not only the theft of intellectual property but also malicious attacks that can cripple critical infrastructure, such as energy plants, utilities, and large-scale factories.
During times like these, editors turn to “tried and true” sayings to frame their opinion columns. One of these sayings is, “May you live in interesting times,” supposedly a translation of a traditional Chinese curse. The saying is used ironically, in that “interesting times” are times of trouble and difficulty.
Corporate finance chiefs are concerned about a second wave of infections from the novel coronavirus (COVID-19), consulting firm PwC said.
Aim is to manage “next normal” in manufacturing with a workplace distancing solution.
Manufacturers need to create more production setups as batch sizes get smaller. Skilled labor continues to be hard to hire and keep. Higher levels of automation are needed, not just in material handling but also in fabricating, machining, assembly, and inspection.
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.
