Manufacturing Trends

Manufacturing Trends

bottles, assembly line, capacity utilization, throughput ratio

Metrics that Matter: Capacity Utilization and Throughput Ratio

Capacity Utilization Capacity utilization is of the utmost importance to manufacturers. It affects cost, customer satisfaction, inventory — nearly every aspect of the business. Sadly, not many people understand the importance of...
blockchain, bitcoin, data, cryptocurrency, blockchain ERP

Blockchain Revisited: Beyond the Buzz

2017 was the year of Bitcoin buzz. The cryptocurrency hit a high of $20,000 and was on the tip of many tongues. Blockchain, which is an open source digital ledger that...
VR, virtual reality, AR, augmented reality

Manufacturing with VR Becoming a (Virtual) Reality

Imagine having an expert watch over your shoulder as you perform a difficult task. Gently guiding you through each step, they can stop you from making any mistakes and help you...
CPG, shopping, shopping cart, aisle

What CPG Customers Really Want from Manufacturers

I recently paid a visit to a friend who manages a large retail store. After the usual pleasantries, the conversation turned to business, which makes sense considering the company he works...
Ireland, life sciences, pills

Doing Business in Ireland

Ireland is part of Western Europe. Most of the island of Ireland operates as an independent country, while Northern Ireland operates as part of the U.K. Ireland has a temperate climate,...
road, connected, autonomous, vehicles

AI Impacts on Automotive Manufacturing

Artificial intelligence (AI) has come a long way in the last few years, bridging the gap between theoretical conversations and what is now practical possibilities, and nowhere are the possibilities more...
tablet, internet, device, IoT

Driving Smart Manufacturing and Supply Chain Improvements with the IIoT

Manufacturing is changing dramatically. Industry 4.0 is taking shape and being viewed as the advent of smart technologies based on the Industrial Internet of Things (IIoT). It’s affecting everyone, with impacts...
backorders, inventory

Metrics that Matter: Backorders

When it comes to customer satisfaction, backorders are one of the most important metrics they use to gauge how well you’re doing as a company. No customer wants the hassle and...
assets, warehouse, inventory

Enterprise Asset Management in the Food Industry: Focus on Profits

Food manufacturers are in an extremely competitive industry, which is typically a low margin business depending on the finished products produced; ingredients and materials used and market opportunity. There are a...
truck, transportation, road

Offsetting Rising Transportation Costs in the Food and Beverage Industry

It is becoming increasingly more expensive to be a food and beverage manufacturer in the U.S. Rising inventory costs, stricter federal regulations and an increasing demand for fresh and frozen foods...