I gifted a coach to a friend struggling to define her next chapter. A highly successful businesswoman, she left the workforce to raise her children. Now, she was an empty nester with decades of opportunity to look forward to, but she couldn’t figure out her next step. Coaching might help her... Continue Reading
It is time once again to look into the crystal ball and predict the direction that business and industry will take in the coming year. With the general global economic downturn predicted to get worse before it gets better, companies are likely to remain cautious when it comes to spending and... Continue Reading
An effective warehouse layout can significantly reduce the risk of accidents while also boosting productivity. The fast-paced world of logistics and supply chain management operates with warehousing services as its critical hub. However, the bustling activity often comes with its own set of... Continue Reading
Business investment rose sharply in August The numbers: Orders for long-lasting or durable goods rose a stronger-than-expected 0.2% in August, but the increase stemmed from higher defense spending as the U.S. sought to replenish military hardware sent to Ukraine. Economists polled by the Wall... Continue Reading
NAM economist tells Smart Manufacturing Summit that soft landing is possible, but don’t expect labor supply to improve. Forgive manufacturing chiefs for feeling whipsawed by economic reports over the last year that have told a tale of a gradual slowdown while also chronicling the... Continue Reading
AI is more accessible than ever. With a wealth of historical data and existing subject matter expertise, processing plants are well positioned to create new opportunities. The successful application of AI across various industries has created a renewed focus on the robust economic value that AI... Continue Reading
Sensor technology is an invaluable asset for manufacturing safety. Safety is a non-negotiable aspect of any manufacturing environment. Whether it's an assembly line or a chemical processing unit, there’s always the potential for accidents. Sensor technology plays a pivotal role in... Continue Reading
A look at how smaller manufacturers are using the technology to grow their businesses. For North American businesses of all types, especially those in the manufacturing sector, 2022 was anything but typical. Or boring. Or easy. “Labor shortages” and “supply chain issues”... Continue Reading
Each week MTI sends Members a weekly business operational check-in. The check-in is one question on a key issue, providing some great insight into how Members are handling key issues, impacting their daily operations and overall strategy. The following are some key results over the last several... Continue Reading
Summer has been one for the history books as the market wrestled with UPS’ labor negotiations, FedEx’s restructuring, downshifting consumer spending, and slackening parcel demand. As the parcel express market moves from summer into fall, a perfect storm of carrier challenges, market... Continue Reading
With computers beating both chess grand masters and world-class Go players, plus ChatGPT writing everything from college term papers to love poems, artificial intelligence (AI) is arguably the hottest topic in tech today. But what about in manufacturing? Theoretically, with enough data and... Continue Reading
Labor Day reminds us of the enduring spirit of the American workforce. This day isn’t just about barbecues and the unofficial end of summer; it’s a celebration of the tenacity and resilience of workers everywhere. Yet, amid this celebration, an overshadowed segment of our population... Continue Reading
