Leaders must give the best of their talent attractive new options, helping them focus on their most significant strengths and gifts in ways that will benefit the company in the short and long term. The CEO’s current dilemma about talent is very apparent in three numbers: 98, 71, and 2.... Continue Reading
An inadequate charging network and insufficient access to battery raw materials are critical bottlenecks that could shackle demand for electric vehicles, according to Ford Motor Co's chief electrification executive on Monday. "Infrastructure is the biggest thing that really has to be nailed for... Continue Reading
The field of robotics and A-UGVs is growing rapidly, and the amount of data generated by these machines is immense. Standards can help. For years, the term “big data” has been used to describe a collection of raw data that is too sizeable and complex to process with traditional... Continue Reading
Ransomware continues to cause havoc across the manufacturing industry. In 2021, for example, ransomware accounted for 23% of cyberattacks. Threat actors understand the critical role manufacturing and energy businesses have in global supply chains. A single ransomware attack could take just 11... Continue Reading
US companies are acknowledging that reshoring -- once the subject of talk but no groundswell of action -- is accelerating, with at least one executive being “pumped up” about critical supply lines shifting away from nations such as China. “This reshoring, nearshoring,... Continue Reading
Rising costs are a pain point for most businesses and organizations in 2022, and energy costs are no exception, with natural gas and electricity prices experiencing unprecedented market volatility. A variety of factors, both nationally and internationally, are contributing to high electricity and... Continue Reading
New sources of value are available for businesses that use their procurement function to combat persistent inflation and build resilience amid ongoing turbulence. Procurement leaders are facing their toughest state of play in many years across global markets. However, there is an opportunity to... Continue Reading
ASTM International’s board of directors recently approved the creation of a new technical committee on digital information in the supply chain. The new committee (F49) will develop recommended frameworks, standards, best practices, and guides related to the sharing and use of digital... Continue Reading
MTI is excited to announce it graduated another 35 executives from the 2022 YES Management Training Program in Indianapolis, IN during the MTI Fall Meeting held in conjunction with Furnaces North America. As each of the 35 executives’ names were read off to come to the podium to receive... Continue Reading
Increasingly, employers are looking for workers who can manage their relationships at work, as well as they complete their job tasks. Workers are trained to trumpet technical skills and personal achievements on their resumés, and talk them up in job interviews. However, to succeed at work,... Continue Reading
A safer workplace can lead to healthier workers, lower injury costs, less stress, and higher employee retention. As the manufacturing industry has become more competitive, many manufacturers have turned to automation to improve their efficiency and productivity while cutting costs in the long... Continue Reading
If a story about the company that demonstrates company culture is told through the eyes of an employee, it creates a realistic view of company culture increasing retention. This statistic says it all. “The average tenure at a company used to be four years and now that number is just under... Continue Reading
