As CEO, you have a vision and plan to deliver results, handsomely rewarding shareholders and employees alike. And while that may look like success to many, including you, the reality is that it won’t be enough to create a truly enduring legacy. Your legacy is about more than bottom-line... Continue Reading
A major change is coming, one that will be felt from the factory floor to the boardroom. Along with the shift from global outsourcing models to regionalized supply chains, the next milestone for manufacturers is the adoption of intelligent automation solutions that enable greater flexibility,... Continue Reading
New orders for U.S.-made goods increased more than expected in March and shipments rose solidly, but supply constraints following new COVID-19 lockdowns in China could slow manufacturing activity in the months ahead. The Commerce Department said on Tuesday that factory orders rose 2.2% in March... Continue Reading
The growth of IoT has spurred a rush to deploy billions of devices worldwide. Companies across key industries have amassed vast fleets of connected devices, creating gaps in security. Today, IoT security is overlooked in many areas. For example, a sizable percentage of devices share the user ID... Continue Reading
The timing is right to bring digital twin deployment to the frontlines of retooling American industry and infrastructure. A year ago, millions of people celebrated the culmination of a seamless mission: a NASA rover, Perseverance, entered Mars’ atmosphere at more than 12,000 miles per hour,... Continue Reading
Economists expected bookings for all durable goods to rise 1% in March. Orders at U.S. factories for long-lasting goods rebounded in March after the first decline in a year, as manufacturers confronted a worsening supply-chain crisis that continued to weigh on business investment. Bookings for... Continue Reading
When people leave organizations, they often cite poor workplace communication as a top reason for moving on. But in the age of the “Great Resignation,” it is far from the driving factor, according to Craig Weber, founder of The Weber Consulting Group and author of... Continue Reading
Workplace safety is an issue businesses can manage and control, if they have the right tools to measure the economic impact of occupational injuries and illnesses. The road to workplace safety and health regulations is long and twisty. Millions of workers through the years have died as a... Continue Reading
Over 30 members were in attendance at the recent MTI Midwest Chapter Meeting held on April 6 in Lake Geneva, WI. Members from all across the region came together to discuss the long-term impact of rising inflation, supply chain issues, and remote work. CLICK HERE to view photo highlights. ... Continue Reading
What happens in China doesn’t stay in China, and for American supply chains, that is usually a good thing. American businesses have become dependent on low-cost goods coming from Chinese suppliers. But in a post-COVID world that may be entering the Second Cold War, reliance on China means... Continue Reading
Do you know what is happening in your business? Not what is supposed to happen, but what is actually happening on the factory floor? For many managers and leaders, it may have been a while since they actually experienced what it is like where the action happens. Where the products they sell are... Continue Reading
The prices that goods and services producers receive rose in March at the fastest pace since records have been kept, the Bureau of Labor Statistics reported Wednesday. The producer price index, which measures the prices paid by wholesalers, increased 11.2% from a year ago, the most in a data... Continue Reading
