Economic Indicators. US Census Bureau 6/3 NAM Pushes for Smart SEC Cyber Rule. NAM 6/3 “The U.S. Securities and Exchange Commission has proposed a rule that would impose new cybersecurity disclosure requirements on manufacturers—and the NAM is pushing to make those requirements work better. . . .” Productivity and Costs. Bureau of Labor Statistics 6/2 […]
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Manufacturing Blog: How Manufacturers Can Implement Digital Transformation. ASME 6/14 “As the digital economy grows, manufacturing companies will need to embrace the steps taken by direct-to-consumer businesses to keep pace. . . .” Just-in-Time’s Skewering Is Undeserved. IndustryWeek 6/11 “The recent pandemic affected Americans and businesses in many ways. In business, the most revealing issues […]
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Culture comes first for precision metal fab shop Laystrom Manufacturing. The Fabricator 2/8 “Laystrom Manufacturing Co. is in the middle of a Chicago neighborhood, just blocks from the city’s hipster hangout in Bucktown. While the location is unique when compared to hundreds of competitors in the metropolitan area and the Midwest, the inside of the Laystrom facility looks like […]
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US durable goods orders show modest 0.2% December gain. AP 1/26 “Orders to U.S. factories for big-ticket manufactured goods rose a modest 0.2% in December, held back by a big drop in the volatile aircraft sector. A key category that tracks business investment decisions slowed. . . .” Labor market trends show emphasis on digital […]
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Speeding the Adoption of Additive Manufacturing. Manufacturing 1/7 “Additive manufacturing (AM), or 3D printing offers a number of potential innovations in product design, while its flexible manufacturing capabilities can support a distributed manufacturing model – helping to unlock new business potential. However, when companies begin to consider all that is needed to make additive a […]
On the Wire | News and Analysis from the Web for the Week of November 30
Managing a multigenerational team at a manufacturing company. The Fabricator 12/6 “Manufacturers in the U.S. find themselves in a challenging position as they try to find the right people to fill the job openings within their ranks. The generational gap has never been greater in the manufacturing workforce. . . .” Employers are ‘the spearhead’ to get […]
On the Wire | News and Analysis from the Web for the Week of November 2
Unemployment Rate Hits 6.9% As Manufacturing Adds 38,000 Jobs. IndustryWeek 11/6 “The U.S. jobs market continued to improve in October. The Department of Labor’s Bureau of Labor Statistics reported November 6 that the U.S. economy added 638,000 new nonfarm jobs and the unemployment rate fell a full percentage point to 6.9%. . . .” Micro […]
On the Wire | News and Analysis from the Web for the Week of October 12
Supply chain pros embrace AI for forecasting, inventory despite limitations during pandemic. Supply Chain Dive 10/13 “Supply chain professionals are optimistic about the potential for artificial intelligence within their operations, but they have also struggled with the technology during the coronavirus pandemic, according to a survey from Secondmind, which develops machine-learning applications for businesses. . […]
On the Wire | News and Analysis from the Web for the Week of October 5
Why Do So Many Lean Efforts Fail? IndustryWeek 10/8 “There’s been a problem simmering in the lean world for years. The problem is the overwhelmingly high failure rate. What failure means is subject to interpretation but the available surveys and studies done reflect a large problem. In my view, it’s time for deeper reflection. […]
On the Wire | News and Analysis from the Web for the Week of August 24
7 Examples of Lean Manufacturing in Action. ASME 8/27 “Lean manufacturing has been around for decades. The implementation of lean tools and techniques usually result in impressive gains in efficiency and production. When implemented correctly, lean is a comprehensive process that eliminates waste from manufacturing processes, thereby reducing cost and adding value to the customer. . . […]