U.S. manufacturing rebounded in May, but recouped only a fraction of the prior month’s record decline, suggesting some stabilization in the sector after the COVID-19 pandemic disrupted supply chains and hurt demand. The Federal Reserve said recently that manufacturing production increased... Continue Reading
"How we face death is at least as important as how we face life." As we progress through the year, I can't help but recall these words from Star Trek II: The Wrath of Khan -- one of my favorite movies. In recent years it seems like every aspect of the human experience has been affected by... Continue Reading
General Motors' Warren Transmission was a defunct factory until the Coronavirus pandemic gave it new life this spring — for the production of medical face masks. The plant is humming, having churned out and donated more than 2.7 million masks since late March. It is now producing more than... Continue Reading
During these difficult times, it’s more important than ever to highlight and share accurate, relevant messages. Here are some tips to help fight the chaos. The threat from disinformation is greater now than ever. From the civil unrest triggered by the death of George Floyd to the... Continue Reading
As the manufacturing industry rebounds from the coronavirus, it will have to overcome skill gaps, retirements, and an image problem. Before the Coronavirus upended the global economy, U.S. manufacturers were facing a shortage of workers. In fact, Deloitte and the Manufacturing Institute... Continue Reading
NAM survey showed that “manufacturers have proven that with our grit, determination, and patriotic spirit, we can overcome any challenge facing the nation.” As an industry that has dealt with adversity many times, manufacturers are facing the current pandemic with the same... Continue Reading
You wouldn’t have wished for this ridiculous, unprecedented disruption, but if you’re like many leaders I talk with, this stressful period has also been surprisingly energizing…until it wasn’t. You’re proud of your team; they’ve been working round the clock on... Continue Reading
Solving problems during a crisis demands speeding up innovation by repurposing the knowledge, resources, and technology you already have at hand. The Coronavirus pandemic is one of the most difficult collective challenges facing humanity since the last world war. In the midst of the turmoil,... Continue Reading
One of the most valuable benefits of your MTI membership is access to an Industry Support Team who are there for your every need. There are moments in business when daily challenges arise, and you just need some guidance or insight to know how to proceed. MTI has a full team of 11 partners who can... Continue Reading
Start your meeting off on the right foot, and you'll be much more productive. "How can I get my team to engage? I'm doing everything right, but they're still just sitting there." I was talking with a frustrated leader at a healthcare facility. Her team meetings had always been lackluster, so... Continue Reading
Inventories of raw materials and finished components are diminished because of the COVID-19 pandemic, yet many manufacturers don’t realize the cost of downtime caused by stock-outs and other production-related problems. In fact, some companies underestimate factory downtime by as much as... Continue Reading
Stabilize operations, optimize throughput, and maximize your profits. Restarting a manufacturing operation is a huge undertaking in calm times. When you factor in the complexities of the post-pandemic environment, it can be overwhelming. Follow these six steps for a clear path to stabilize... Continue Reading
