Manufacturing Forecast to Continue Expanding in 2019 May 8, 2019 Purchasing and supply executives expect manufacturing to continue expanding in 2019, according to a survey by the Institute for Supply Management.
How A Vendor Managed Inventory System (VMI) Benefits Business April 12, 2016 When a manufacturer has excess inventory not adding value to the process, the inventory is hurting the company’s balance sheet, and is by definition wasteful.
Faurecia Goes All In on Industry 4.0 October 18, 2016 Automotive supplier Faurecia (Nanterre, France) decided it needed to get serious about Industry 4.0 fast.
ISM Forecasts Manufacturing to Expand in 2020 December 11, 2019 Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.
Manufacturing Job Growth Resumes in September October 5, 2018 Manufacturing job expansion resumed in September after pausing in August. The sector added 18,000 jobs last month, with 17,000 of the gain taking place in durable goods, according to a breakdown by industry issued today by the U.S. Bureau of Labor Statistics.
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How to Run a Factory: Timeless Advice from the Late Jim Harbour October 2, 2014 Here’s something you can cut out and hang on your bulletin board if you run a manufacturing company, large or small. I’ve spent nearly 60 years thinking about the factory floor, and here’s how I believe it should be run.
To U-Shape or Not to U-Shape? January 28, 2015 Batch and queue is the hallmark of a mass production system. Parts are processed, moved in large quantities to the next process, wait for their turn, are processed, and moved as a batch to the next process.
Ten Safety Tips for Oil and Gas Industry Workers November 21, 2018 Workers in the oil and gas industry continue to be one of the groups at the highest risk of injuries and fatalities on the job compared to all other U.S. industries. The most recent data from the Bureau of Labor Statistics (2015) revealed that out of 120 workplace deaths in the mining, oil, and gas extraction industry, 74 of them occurred within the support activities for oil and gas operations.
How to Apply Principles of Lean Thinking to the Manufacturing Process December 26, 2019 In manufacturing, the most efficient process is destined to come out on top. Efficiency is the highest priority. Toyota revolutionized the standards of efficient manufacturing by applying the principles of what is now known as lean thinking, a term coined by Daniel T. Jones and James P. Womack who have studied Toyota’s rise in-depth.