Despite the global upheaval caused by the coronavirus pandemic, many manufacturers have managed to retain their entire workforce—and a significant amount are even looking to hire additional team members. In a recent article from Industry Today, author Jeffrey Rohrs offers some tips for manufacturers in need of skilled professionals. Track Your Applicants – Consider using […]
As a result of global disruptions caused by the coronavirus pandemic, a new opportunity may exist for North American manufacturers. A recent article from Thomasnet examines how global conditions are causing a locational shift of many production and sourcing operations and how that shift is beneficial to some manufacturers. Causes of Reshoring Historically, the major […]
Strong company leadership is a key component of successful lean manufacturing operations. That said, developing strong leadership is a difficult task. A recent article from Industry Week examines the benefits of people-centric leadership (PCL) and offers the following tips for developing PCL within your manufacturing organization: Introspection – Encourage your company’s leaders to focus their […]
In the wake of the coronavirus crisis, many manufacturers need to reevaluate their pricing models. In a recent article from Industry Week, author Stephan Liozu suggests a two-part plan for transitioning to a better pricing model. Cost-Based Pricing Improvements First, manufacturers should focus on improving their current cost-based pricing system. Liozu suggests working towards a […]