I've spoken recently with a number of people employed by companies, large and small, and to a number of consultants. The list of challenges most businesses face in the aftermath of COVID is rather significant. Many businesses are finding it difficult to find the workers they need, and those that... Continue Reading
Manufacturing juggernaut Boeing is currently producing its 787 ‘Dreamliner’ family at a lower rate than normal. The challenges of the ongoing Coronavirus pandemic have not been the only factor in this. Indeed, several safety issues have also hindered the type’s production of... Continue Reading
Automation is the fastest-growing area in tech spending, according to global B2B spend indicator survey. Business spending is on the rise in the United States, on track for a 3.4% increase in the second quarter, according to the Global Business Spend Indicator (GBSI) from American Express,... Continue Reading
Ready for the post-Covid boom? Savvy CEOs share their strategies for making the most of a magic moment. Kara Goldin suggests all sorts of hacks for growth, but the No. 1 imperative for her fast-rising company, Hint, is this: follow the customer. It isn’t rocket science, but heeding that... Continue Reading
There’s no need for an asterisk on the current boom in U.S. auto sales — it’s the real deal. Experts said auto sales are up in absolute terms, and not just a trick of statistics, relative to poor sales a year ago due to COVID-19. Retail U.S. auto sales in May, not counting bulk... Continue Reading
Relativity Space is pushing the boundaries of 3D-printing to build rockets, but CEO Tim Ellis sees the company’s influence reaching beyond the space industry. “We’re reinventing the underpinnings of not just building rockets, but the whole stack of how you actually design,... Continue Reading
Congress is currently looking at a bill called the new PRO Act. This bill is being considered during an unprecedented global pandemic, in which manufacturing workers are supplying Americans with the medicine, protective equipment, and goods necessary to defeat COVID-19. If the PRO Act were to... Continue Reading
When Jeff Immelt was growing up, his father worked at GE Aircraft Engine. In an interview Immelt gave to Fast Company in 2005, he said that he never knew who the CEO of GE was, but he always knew his dad’s boss. The interviewer asked him if his dad’s boss had an impact on home life.... Continue Reading
While we are not yet living in the Age of The Jetsons, we’re likely not more than a few years away from being able to take a flying taxi across town or into the city for a meeting. A 2021 Deloitte Insights report estimates there are more than 200 companies around the world in some stage of... Continue Reading
More manufacturers now understand that business buyers are now making digital purchasing a permanent change in how they procure products and services for their organizations. But many manufacturers are struggling to understand how to digitally transform almost all aspects of their business,... Continue Reading
New Record: Manufacturing Job Openings Soar to 706,000 in March Manufacturing job openings soared to 706,000 in March, a new record. Business leaders in the sector need to ramp up production, capacity, and staffing in light of robust demand, the reopening of the... Continue Reading
Freight Broker CH Robinson See Q1 Per Mile Rates Jump 33% versus 2020 US truckload and LTL rates continue to soar, causing a growing number of companies to warn of Q2 earnings risk due to rapidly rising transportation costs. The Cass Linehaul Index which measures US full truckload contract rates... Continue Reading
