Recruiting During the Pandemic
When candidates ask us how potential employers responded to the pandemic, safety and leadership practices seem to be the main drivers for these inquiries. Manufacturers were among the first to have their employees return to work and have successfully focused on safety and collaboration, as well as regulators. GNS North America, a leading Tier One […]
Manufacturing Cybersecurity Threats and How To Face Them
With manufacturing cybersecurity threats on the rise, what should companies know about protecting their digital assets in the future?
Key Financial Ratios for Manufacturing Companies
A manufacturing company requires efficient use of inventory, equipment, and personnel to develop its products. A company uses the following financial ratios to evaluate its business. These ratios can also be used to gauge the appropriateness of operations and to determine how well the manufacturing process is going. These financial ratios are equally useful to […]
Care for Your Employees
Cultivating a strong brand results from investing in the customer experience while concentrating on employee needs. Here’s how you can enrich the lives of your employees and their families to build a promising future. Concentrate on culture The difference between a good company and a great one is culture. This is a fact. According to […]
Five ways to jumpstart operations in the next normal.
In the wake of radical and rapid disruptions from Covid-19, organizations have a window of opportunity to rewrite and transform their entire operations strategies The coronavirus pandemic has challenged supply and demand norms across sectors, and the speed of disruption exposed points of weakness and fragility in global supply chains and service networks. Yet at […]
Manufacturing faces talent problem heading into a crucial 2021
As manufacturing continues to lead both in statewide and nationwide economic recovery, the sector will still need to address a chronic issue that has only worsened throughout the COVID-19 pandemic. Talent shortages continue to dog manufacturers across Michigan as many companies have not been subtle about their desperate need for more workers. “We have employers […]
Post-pandemic supply chain shifts could boost state’s industrial economy
Michigan’s economy could stand to benefit in the years ahead as manufacturers move to reshore work to the U.S. after dealing with severe disruptions in their foreign supply chains when the coronavirus first surfaced in China. Reshoring industrial supply chains from overseas marks one opportunity that West Michigan has in 2021 and the years ahead, […]
5 Big Financial Factors for Manufacturers During COVID
Manufacturers must recognize how COVID-19 has affected these variables in order to remain competitive in an uncertain market landscape. Following the onset of COVID, economies across the world were stunted and forced to adapt to new policies and protocols put in place to keep people safe. Manufacturing facilities were among the many industries that were […]
U.S. Manufacturing Output Increased for Sixth Month in October
U.S. manufacturing production rose at a solid pace in October, marking the sixth straight advance as factories continued to recover from the depths of the pandemic-driven lockdowns earlier this year. Output at factories increased 1% from the prior month, matching the median forecast in a Bloomberg survey of economists, after an upwardly revised 0.1% gain […]
How robotic technology will disrupt the manufacturing industry
Robotics technology has the potential to disrupt industries across all sectors – but its impact on the manufacturing industry will be transformative. Not only can robots increase productivity, efficiency and profit margins but adopting this tech for good will be a key way for the manufacturing industry to transition to a more sustainable future.
You must be logged in to post a comment.