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Home » Industry Week

Articles Tagged with ''Industry Week''

U.S. Manufacturing Could Learn a Lesson from Europe's Programs to Train Journeymen

May 5, 2015
Industry Week
There are many articles about the problem of America's "skilled worker shortage" and why we need advanced training; but most don't define or explain what they mean by "advanced training."
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Taxes 1 05

Among Many Things on Manufacturing CFO's Mind Is How to Craft Effective Corporate Income Tax Strategy

April 27, 2015
Industry Week
Balancing daily operations and long-term strategy is at the forefront of every chief financial officer's mind, and in a business environment that is often riddled with a multitude of daily challenges and high demands on time, a focus on long-term success is required to maintain a company's competitive edge.
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Consolidating Supply Management at Corporate Can Be Counterproductive If Factory Purchasing Slighted

April 22, 2015
Industry Week
A rationale often used in support of a more centralized corporate purchasing function is the need for a company to project "One Face to the Supplier".
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How Do You Keep Your Lean Program Going?

April 10, 2015
Industry Week
Once you have your lean journey underway, how do you sustain it? How do you build it into the bricks and mortar, and the DNA, of the organization? We no longer want lean to be its own thing; we want it integrated into the organization.
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Zero-Sum Supplier Negotiation Eventually Leads to Everyone Losing

March 26, 2015
Industry Week
Applying leverage in negotiations results in a zero-sum outcome where one side wins and the other side loses. This typically means that the winner ends up with somewhat more than 50 percent of their hoped-for result and the loser gets somewhat less than 50 percent since, just as in sports competitions where the potential results are win-lose, lose-win and tie, the use of leverage doesn't allow for combined outcomes above 100 percent. Zero-sum outcomes not only create a relational imbalance, they create hard feelings. People who lose in one negotiation often do their best to turn the tables the next time such that they win - and you lose.
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'De-costing' Programs May Save Manufacturers Huge Sums

January 29, 2015
Industry Week
U.S. manufacturing executives have an opportunity to make their factories even more competitive through parts and components de-costing programs. De-costing is simply a term that refers to removing cost from operations period-over-period. Parts and components usage is a great place to focus because improvements can provide such clear returns.
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Manufacturers Upbeat and Gearing Up to Hire More in 2015, Survey Says

January 23, 2015
Industry Week
Manufacturing executives like what they are seeing on their balance sheets, are increasingly confident about the U.S. economy and plan to do more hiring and operational spending in the year ahead, a new survey from PwC US reports.
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Robust Manufacturing in U.S. Depends on Improved Transportation

November 18, 2014
Industry Week
The U.S. manufacturing industry is in the midst of a comeback. Manufacturers are gladly shifting from securing demand to meeting demand. However, reworking the U.S. transportation infrastructure is essential to the success of this progress.
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Collaboration integration 2 02

Still Battling With Suppliers or Customers? A Little Collaboration Might Help.

November 14, 2014
Industry Week
Spend any amount of time working with supply chains, and one thing becomes clear: The traditional environment of the supply chain is mostly one of competition. That's because, in an effort to earn a customer's business and meet their demands, suppliers are often pitted one against the other to offer the lowest cost possible. But when it comes to overall success of the supplier/client relationship, this short-term competitive approach leaves untapped opportunities in terms of improved quality, cost and lead time, as each along the chain pursues what's best for themselves as opposed to what's best for the whole.
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Supply Chains Are Only as Sustainable as Their Worst Supplier Participants

November 6, 2014
Industry Week
The road to creating user-friendly, science-backed, technology-enabled supply chains is paved with good sustainability intentions that get foiled by today's dynamic, global complexities. Achieving sustainability of scale requires involvement of the entire supply chain. To meet the needs of customers and markets, manufacturers need up-to-date and accurate information about their suppliers' materials and components.
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