Volume 3 Issue 3

How to Slow Employee Turnover in Manufacturing Firms

Aug 26, 2018

Universally, the cost of employee turnover is felt in both the budget and the overall culture of a company. With a turnover rate 33% higher than other industries in the U.S., manufacturers need to develop strong initiatives to maintain good employees. In addition to high turnover, these companies also struggle to attract younger workers who […]

Implementing AI in Manufacturing – Is it Worth it?

Aug 26, 2018

Undoubtedly, the growth and continual improvement of artificial intelligence (AI) has been revolutionary for the manufacturing industry. In addition to reducing expenses, AI has provided manufacturers with opportunities and information that would have been nearly impossible to receive prior to the invention. Forbes Insights recently published an article examining the advantages AI offers manufacturers today. […]

The Cost of Input Tariffs on the Manufacturing Sector

Aug 26, 2018

Most industries in the U.S. manufacturing sector source at least 10% of their intermediate inputs from countries outside of the United States. Recent legislation to raise import tariffs will likely increase costs for U.S. manufacturers purchasing foreign intermediate inputs. In an article for Tax Foundation, writer Erica York offers an overview of a recent analysis […]