In a world awash in cyber threats, partners and suppliers can be the vulnerable points that cyber criminals exploit to gain access to systems. Those challenges will get worse before they get better as supply networks become ever more complex. Not too long ago, Goodwill Industries found that its... Continue Reading
Manufacturers added 31,000 workers in February, and revisions in the December and January data increased employment in the sector by 28,000 in total from previous estimates. As such, the latest jobs numbers confirm that the labor market has tightened significantly, with manufacturers increasing... Continue Reading
Capacity costs, which typically make up the second highest contributor to the overall cost of energy supply, are dramatically increasing throughout much of the United States. In the Pennsylvania-New Jersey-Maryland (PJM) grid, capacity costs are expected to increase roughly 30% as of June 2018.... Continue Reading
As demand for personalized products and experiences continues its rapid growth, manufacturers hoping to achieve or sustain a winning market position will need to optimize their digital capabilities. The rapid pace of digital advances is creating new opportunities for industrial manufacturers, and... Continue Reading
Sometimes unplanned downtime is unavoidable. Many times, it is not. Hear what several manufacturers and reliability experts advise to keep your machinery operating optimally. Robots at work are a good thing. Robots at rest when they are supposed to be working are a bad thing. The latter is what... Continue Reading
Information security and IT need to team up to make patch management more efficient and effective. Here's how and why. The number of attacks like the recent one against Equifax have risen dramatically in the last few years, resulting in the exposure of hundreds of millions of private records.... Continue Reading
Automation is advancing in almost every industry. As it progresses, it’s becoming more important to keep track of what kinds of robotics are available on the market and what they can do. For example, robotic fish, birds, and humanoids are progressing quickly, and it probably won’t be... Continue Reading
Written by: Mark Cotteleer and Brenna Sniderman for Deloitte Insights. Industry 4.0 signifies the promise of a new Industrial Revolution—one that marries advanced production and operations techniques with smart digital technologies to create a digital enterprise that would not only be... Continue Reading
Your spare parts deserve some maintenance TLC to ensure they’re ready to run. We think of routine care and maintenance of a system to stave off failures as standard practice, but what about preventive maintenance of the replacement parts used when the system does fail? It’s easy to... Continue Reading
Despite the constancy of change in today’s global marketplace, the environment for change in many organizations is unfriendly at best. Few organizations have the appetite for change found at Facebook, Google, Amazon, and other innovative firms. I work extensively with CPAs, CFOs, and other... Continue Reading
Machine failure can be a tremendously costly problem in the manufacturing industry. Fortunately, new technologies, sensors, and big data machine learning can now offer insight that may help better predict failures and reduce downtime. According to data from the Bureau of Analysis, the average age... Continue Reading
Here is your quick guide to the evolving supply chain software market. With the growth of AI, IoT, and data analytics, supply chain management software capabilities are exploding. The large ERP vendors are continually designing and incorporating new capabilities into their suites, but... Continue Reading
