Five key competencies of digitally mature organizations serve as a good base for making sure you’re prepared to take advantage of the technologies available. For decades, manufacturers have driven continuous improvement and quality management programs based on Lean, Six Sigma, or overall... Continue Reading
When salespeople become managers, they often do a horrible job. Four key steps can help them—and all soon-to-be managers—make the shift, says Frank V. Cespedes. This sad scenario plays out at many firms: Top-performing salespeople get promoted to become sales managers, but... Continue Reading
The technology will revolutionize manufacturing, but how? United Technologies, GE, and Honeywell are taking different approaches. Like the cotton gin and the modern assembly line, 3D printing is the kind of breakthrough advancement that holds the promise to revolutionize manufacturing. The... Continue Reading
With interconnected supply chains, a hack on one supplier can jeopardize an entire business. Supply chain technology is advancing quickly, but are cybersecurity systems keeping pace? The answer is a resounding no. Given the interconnected nature of the supply chain, a hacker can knock out one or... Continue Reading
It's not about housekeeping. 5S improves your workplace environment for better control, productivity, and safety. What if you could spot abnormalities in your work environment in 30 seconds or less? Or you knew where your tools and other instruments were at all times because they had a specific... Continue Reading
Lean, the production system pioneered at Toyota, has fallen victim to a galaxy of misconceptions, say two of its expert minds. But when done right, it can generate wins for managers and companies. Ask what the term “Lean management” means, and you might see the blood drain from... Continue Reading
The future of modern manufacturing relies on more than next-generation technologies to optimize the factory floor. Engaging and empowering the next-generation workforce is the key to undergoing a successful digital transformation, and it starts with rethinking underlying business processes and... Continue Reading
In an environment where attack surfaces are expanding thanks to newly connected OT devices, staying one step ahead of the bad guys is critical. Manufacturing companies have long been popular targets for cybercriminals. Until recently, the reason for this was two-fold. First, manufacturers are... Continue Reading
MTI is partnered with APPI Energy to provide our members with data-driven energy procurement solutions, designed to save time, reduce expenses, and create budget certainty. Through our member benefit program with APPI Energy, MTI members have access to 23 years of energy industry expertise, as... Continue Reading
Victory: Confirmation of Ex-Im Nominees a Major Bipartisan Win for Manufacturers. Manufacturers secured a victory four years in the making this week when the Senate voted to confirm three nominees to the Export-Import Bank. The Senate confirmed Kimberly Reed to serve as Ex-Im Bank president and... Continue Reading
What’s the true cost of high turnover? How do you stop the exodus of great talent? What if you can’t? Just a few of the questions that keep coming up with almost every senior leader I speak with. It’s tricky. You can’t control the choices, and there are more choices than... Continue Reading
Tread carefully before you start, with these six questions. Lots of manufacturing companies want to grow but don't know how or where. If they had infinite resources, they could stumble around and probably find new customers and markets eventually. But they don't, so they should carefully decide... Continue Reading
