The term artificial intelligence (AI) was first introduced in the 1950s, but it wasn’t until the launch of ChatGPT, which amassed over 100 million users within just two months in late 2022, that the public began to take notice. Similarly, the importance of “supply chain... Continue Reading
The MTI Educational Foundation is excited to announce that the 2024 application process for scholarships is officially open for applications. The Foundation Board has approved a record 17 scholarships for a total of $80,000 for 2024. The MTI Educational Foundation Scholarship Program is open to... Continue Reading
MTI is excited to announce registration is now open for the Spring Meeting in Orlando, Florida on May 2-4. MTI national meetings are an exciting opportunity to: · Celebrate the heat treat industry · Connect with heat treaters and suppliers on best practices · ... Continue Reading
Rethink recruiting, create great culture and offer professional growth opportunities. Manufacturers’ labor demand continues to outpace supply. The U.S. Bureau of Labor Statistics reported nearly 600,000 job openings across the industry in June 2023, and with many skilled employees at or... Continue Reading
As many Members are battling cold temperatures, one exciting event to look forward to is the MTI Spring Meeting in sunny Orlando, Florida, May 2-4. Orlando brings 80+ degree temperatures and provides exciting education and networking opportunities for Members to learn the latest trends and best... Continue Reading
Improve leadership skills by personalizing the traditional SWOT analysis to focus on self, the world, others and time, says Denise Lee Yohn. You know how a SWOT analysis can help you understand your business. By identifying the strengths, weaknesses, opportunities, and threats to your company,... Continue Reading
According to Mental Health America, around 1/3 of adults with mental illness are not receiving necessary treatment. While the focus on mental health was at its height during the pandemic, the issue has not gone away. Companies in logistics and supply chain management are feeling the effect on... Continue Reading
How to leverage unique strengths. Some years ago, my manager, who was the Chief Technology Officer at a global professional business services company challenged an “exceptional rating” that I gave to one of my project managers who happened to be an introvert. An exceptional rating was... Continue Reading
United States bought more goods from Mexico than China in 2023. The U.S. trade deficit narrowed in 2023 to the smallest in three years, government data showed Wednesday, while the country imported more goods from Mexico than China for the first time in about two decades. The latest figures add... Continue Reading
How a legacy manufacturer moved the needle on its organizational mindset. Manufacturing companies are essential to both our economy and communities. And because of that, many smaller and mid-sized businesses have been able to coast on the ways they have always done things. They have been... Continue Reading
The latest figures on job openings and labor turnover from the Bureau of Labor Statistics show a mixed bag for manufacturers. Job openings in manufacturing hit a three-month high last month, according to the Bureau of Labor Statistics, while both hiring and separations fell. The latest figures... Continue Reading
New research reveals that 25% of global trade will relocate within three years amid economic and geopolitical instability. The geographic distribution of global suppliers will fundamentally shift from being mostly global to mostly local by 2026. A nationwide study of CEOs in 2022 found that 58%... Continue Reading
