In the process of making a product, there are three basic expenses: direct material cost, direct labor cost, and manufacturing overhead cost. The sum of these three costs is referred to as the “manufacturing cost” of a product. This total … Continued
The Houston Chronicle reports that one of the main disadvantages faced by small businesses is the fact that they oftentimes do not have the “advanced technology” possessed by their larger competitors. Using sub-par technology hurts efficiency, lowers customer satisfaction, and … Continued
By eliminating the dangers and inefficiencies of having each department of a business run in its own unique and sometimes ineffective way, enterprise resource planning (ERP) software, like the kind provided by industry veteran SMARTer Manager, can bring a level … Continued
(and how can it help my company?) Running a business successfully requires accurate, efficient data management–and this is especially true when it comes to the manufacturing industry. Even in the internet age, however, data management poses a unique set of … Continued
9 days left to register as an exhibitor or attendee for the Grow Manufacturing Luncheon & Expo! This is a great event for regional manufacturing. Keynote Luncheon Speaker Presentation “Correlation Between Culture and Growth” Presented By Tom Nault, President/COO, … Continued
Nice graphical representation of the U.S. Manufacturing industry. The Total Manufacturing numbers for the U.S. have had a 127.10% gain since 1980, fantastic! Yes, the face of the U. S. manufacturing industry continues to change but the strength of U.S. … Continued
MRP (or material requirements planning) is a system – either software-based or pen-and-paper – that is a central component of production planning, scheduling, and inventory. An MRP system is often part of a larger enterprise resource planning (ERP) system and … Continued
Robots and Manufacturing are Becoming Like PB&J, a Staple. Robots and manufacturing isn’t anything new, other countries have been using the technologies in symmetry for decades now. The first programmable robot hit the scene in 1954 thanks to another brilliant … Continued
By: David Jones Like outsourcing, but over more time-zones in different languages and cultures, offshoring is a huge step to take if you haven’t done it before. Getting it right can open up new avenues for increased productivity for a … Continued
According to the June report on US Manufacturing Statistics manufacturing remains strong and hit its highest for 2014. New orders for US manufacturing sectors in automobiles, computers, chemicals and other products caused the index to reach 55.3%. American manufacturers don’t … Continued