KEEP, TRACK, AND TREND FAILURE CAUSES TO OPTIMIZE YOUR MAINTENANCE PROGRAM. The study of failure for the purpose of improving asset reliability in a maintenance program starts with the relationship that failure has with function. At the highest level in the reliability structure, equipment and... Continue Reading
News
When you think of hacking, you might think of viruses or ransomware attacks where computers are unable to operate unless a bitcoin is paid to an anonymous cybercriminal. In the manufacturing sector, the reality isn’t quite so public. First, the practical physical realities of the industrial... Continue Reading
Americans have stepped up their purchases in recent months, which is encouraging given some hesitance in opening their wallets earlier in the year. Indeed, personal spending increased by 0.3% in July, extending the 0.4% gains seen in both May and June. Overall, consumer spending has remained a... Continue Reading
An issue in the manufacturing process needs a solution. It could be mechanical equipment reliability and integrity, or inadequate process equipment performance and resulting failures, or another complex issue. How do you select the solution? I remember years ago being told in no uncertain terms by... Continue Reading
Small changes in training can lead to big results. Buying safety equipment and getting workers to use it are two entirely different things. Anecdotally, almost every safety professional I’ve spoken to finds it much easier to go shopping for the latest hard hat and safety glasses than... Continue Reading
Today’s organizations face a perfect storm of fraud related risks – internal, external, regulatory, and reputational. In PwC’s latest Global Economic Crime and Fraud Survey, we gathered responses from more than 7,200 clients and third-party participants across 123 territories... Continue Reading
With unemployment low and wages creeping up, companies have an incentive to become more efficient — an exercise that tends to drive economic progress. HICKSVILLE, Ohio — For Anthony Nighswander, rock-bottom unemployment is both a headache and an opportunity. For businesses and... Continue Reading
Cutting-edge technology gives a glimpse into the future of how things will get made, and what manufacturers must do to stay relevant. The industrial world has been in the throes of digitization for well over a decade. Primarily through enterprise resource planning (ERP) and manufacturing... Continue Reading
A new era in additive manufacturing, or “3-D printing,” is at hand, with major implications for adoption of the technology and for business models that companies can use in taking the plunge. In the three years since I last wrote about the field for HBR (“The 3-D Printing... Continue Reading
How you can better use your CRM system to think beyond traditional channels and master the fundamentals of engagement with end-users. Not so long ago, manufacturing was singularly about making things. Manufacturing companies would develop and create a product, hand it off to a series of... Continue Reading
With industrial equipment repair costs and complexities on the rise, many manufacturers have been rethinking their maintenance repair and operations (MRO) processes. While they’ve often viewed these activities as a cost center, more manufacturers are using technology and strategy in MRO to... Continue Reading
As cyber-attacks continue to increase in number and escalate in complexity, companies are looking to hire hard-to-find cybersecurity experts to help secure their needs. Here’s a look at the four most in-demand cybersecurity skills for 2018 and beyond. There were more data breaches last... Continue Reading