View Marketing as an Investment—Not an Expense September 29, 2020 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.”
Study Shows Big Increase in Digital Readiness September 29, 2020 While the manufacturing sector generates large amounts of data, relatively few companies have fully harnessed that data to improve operational efficiencies.
EMO 2021 Scheduled for October 2021 in Milan, Italy September 24, 2020 Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
Welding With Laser September 24, 2020 As more original equipment manufacturers (OEMs) and job shops “warm up” to the idea of laser welding, many have turned their attention to four specific technologies.
Rush job? No prob! September 24, 2020 Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.
Supply Chains Present Cybersecurity Risks, Report Says September 23, 2020 Supply chains are creating cybersecurity risks for companies, according to a security services firm report.
Fab Cutting Update: Laser and Waterjet September 23, 2020 What doesn’t happen in Vegas stays in our magazine. So, we bring you some highlights of the exciting advances in cutting you would have seen at FABTECH 2020 this year in Las Vegas, which has been canceled due to the COVID-19 pandemic.
Building a Future in Florida September 22, 2020 Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.
How Manufacturers Can Build More Efficient Health Plans September 21, 2020 An executive makes the case for why manufacturers may want to change how they procure health plans.
Report: M&A in Precision Manufacturing Industry Remains High September 21, 2020 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.