In the increasingly competitive world of manufacturing, there is one constant: talent is essential to business success. The right talent acquisition strategy and process – the ability to identify, assess, attract and retain the best talent – can significantly impact a company’s competitive advantage.
As the economy continues to improve, more manufacturers are making capital investments to fuel their growth. When business owners and managers consider acquiring equipment, they often think of their payment option as a "lease versus buy" decision.
According to the American Chemistry Council, following an upwardly revised 0.5 percent gain in May, the U.S. Chemical Production Regional Index continued to expand, rising by 0.3 percent in June. Chemical output was higher in all regions.
Forging a revolution in thought, application and process, the expansion policies set into place across the country have spurred a new environment in manufacturing – one which is set to renew what we know of industry, change the way we produce goods and spark innovations of intellect and function across many sectors as well as society as a whole. If there's any other definition necessary for a renaissance, we don't know of one.
The manufacturing world is entering an era of hyper-innovation where advances in technology and material science are rapidly changing what we consider "possible" and creating new business opportunities along the way.
As the manufacturing industry spins its web across the world more and more, the network connecting businesses and their partners become much more complex. One of these areas most impacted is a company's supply chain, the main catalyst of one's ability to produce and distribute their products as efficiently and to as large and diverse of a customer base as possible. While this broadening supply chain ability certainly brings along many benefits, the ability to manage risk, particularly in the area of quality, becomes quite challenging.
Where are the most manufacturing jobs? A number of states have plenty. We all know Texas does. But not as much as Michigan does, according to a recent study.
Increasing optimism in the U.S. economy has translated into a heightened confidence in regards to the still-shaky job market, a recent survey suggests.
One in four Americans believe now is a "good time" to find a quality job in the U.S., officials at Gallup say, citing a poll based on telephone interviews conducted early last month with a random sampling of over 2,000 adults.