Regionalization is becoming a powerful strategy to overcome risks to business continuity arising from tariffs, geopolitical tensions, supply chain disruptions and other challenges. But using it purely as a defensive de-risking maneuver misses the overall narrative.
The manufacturing sector's economic contraction continues for the 12th consecutive month, revealing persistent labor shortages and challenges, with some industries experiencing growth while others face contraction.
Software engineering leader Joins Manufacturing Cloud ERP company to lead technology initiatives
Connected industrial ecosystems are helping chocolate manufacturers push the boundaries of what is possible. Rob McGreevy of Aveva Group Ltd. explains how data-led digital technologies are supporting the growth of more resilient, competitive and demand-driven businesses.
The fierce competition for skilled workers is spurring a host of new and creative initiatives.
Two main approaches exist with respect to product configuration: sales/marketing and engineering-focused strategies. The former has advantages, but could lead to gaps in what a customer is promised to what can be delivered.
The sales, marketing and service for Elliot Tool Technologies will be handled in-house by the manufacturer, leaving Monaghan open to focus solely on cutting tools.
Warehouses must take a proactive, strategic approach to create a safe working environment.
The memo of understanding comes after years of collaboration between the companies.
The new brand identity unites the company’s scope of capabilities under one purpose, the company says.