In a nutshell, there are three accounts to the triple bottom line (TBL) — People, Planet and Profit. Profit is often formulated by a team of accountants and carefully monitored by management, but what about the other two components?
Nearly every type of manufacturer faces increasing regulations aimed at everything from ensuring product safety to managing disposal and reclamation procedures. While many regulations may be beneficial to consumers, each regulation adds an additional burden to the company.
Food processing equipment manufacturers are increasingly under pressure to alter designs of large-scale machinery to accommodate new varieties of fruits and vegetables developed through plant breeding.
If you seek to improve innovation, then a good strategy is to maximize your quotient. The first step is to have good processes and systems in place to diligently watch your surrounding marketplace including customer behaviors and competitive actions.
Economic activity in the manufacturing sector expanded in October for the 17th consecutive month, and the overall economy grew for the 65th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
In recent years it seems consumer news outlets are taking “compelling” to a whole new level when it comes to reporting on the food and beverage industry. Opting for drama instead of balanced facts, many outlets are driving unnecessary and unfounded food ingredient fears.
When it comes to packaging seafood, there may indeed be a lot of fish in the sea, but sometimes there’s only a short time to catch them. Nowhere is this truer than in the salmon industry, which gives fishermen and canneries just over two months to catch and package the fish.
While the simplified regulations allow for more manufacturing firms to qualify for tax benefits, they also introduce many compliance challenges. Firms will need to look at their tax practices with a new set of eyes to ensure they reap the full potential benefits.
Although women fill close to half of all jobs in the U.S. economy, they hold less than 25 percent of science, technology, engineering, and math (STEM) jobs, according to the U.S. Department of Commerce.
Besides training employees on the new GHS (Global Harmonization System) labeling elements, new pictograms, and the new SDS (Safety Data Sheet) format, there are more important challenges to compliance, that many employers and Safety Managers may not even realize.
Not having that single picture of what’s happening on the floor — or a seamless way to connect it with processes like quoting or material planning — is one of the main reasons that being production manager at a small- or medium-sized manufacturing company is so stressful.
Companies think their network is secure because they bought a product or service, and then they rest. You can’t rest. You need to consistently monitor and analyze your network while investing in training and security updates.
Additive manufacturing, also known as 3-D printing, has been gaining a majority of the publicity devoted to manufacturing over the past year. From appearances on popular television shows to packed booths at trade shows, 3-D manufacturing has captured the imagination of manufacturing professionals and the general public.
The adoption of Internet Protocol in manufacturing is prompting a new era of cooperation and collaboration between IT and OT. Both have essential roles to play in helping manufacturing companies successfully transition to a single, secure IP-based network.
Complicated packaging requirements, stringent production regulations and thin profit margins mean food manufacturers must be innovative and efficient to compete. Burns & McDonnell and Rockwell Automation collaborated to deliver a 10 percent increase in production capacity.
Factors that contribute to price growth for material handling equipment include the industrial production index, the value of construction, which depends on the level of construction activity; and equipment users’ ongoing need for higher productivity.
Buyers are interested in buying from distributors that are online and easy to use, so manufacturers should partner with distributors that have adopted ecommerce strategies to meet the growing demand for more mobile, digital, and automatic shopping.
As EHS regulations and best practices become more comprehensive and expansive, we’re seeing a new imperative in managing EHS supply chain performance. No longer is it acceptable to simply manage EHS performance within your own organization.
A renewed interest in “Buying American” seems to be approaching its greatest peak in popularity since the 1940s (amidst the frenzy of WWII). But it was only recently that we realized to what extent the “Buy American” movement has resurged in the American consciousness.
For several years now, the prevailing position of manufacturing executives was to strategically locate plants across mainland China. “Offshoring,” as it was aptly labeled, was originally driven by China’s competitive advantage relative to the U.S.