Common causes of Cost Overrun, known more colloquially as “going over budget,” is a big problem in the manufacturing industry. Spending lots of money is harmful enough to businesses — spending money that you didn’t plan on spending can be … Continued
Writing “proper” manufacturing reports might not always seem like the most important priority your business needs to focus on. In the midst of taking orders, meeting deadlines, and finding new customers, it is easy to let these kinds of administrative … Continued
Back in 1995, Clayton M. Christensen of the Harvard School of Business coined the term “disruptive innovation.” Over the course of the past two decades, this concept has become extremely popular, and is now widely used in business circles. Disruptive … Continued
The breakneck speed of change in the medical industry is astonishing. Less than 80 years ago, antibiotics were not yet widely used, and millions of people around the world died from what today would be nothing but minor infections. The … Continued
In this day and age, cybersecurity has become a vital issue that every business will be affected by the matter. Though it may seem like a nuisance, the truth is that spending a bit of time, effort, and money now … Continued
Any experienced business owner in the manufacturing industry will tell you: on-time delivery is one of the most important elements of fostering high customer satisfaction. Moreover, virtually any business owner anywhere will tell you that customer satisfaction is one of … Continued
The end of the year is upon us. Although the holiday season offers a chance to relax and share with family and friends, it also brings with it a few unique responsibilities–especially for business owners and the self-employed. This is … Continued
Are you considering implementing barcode technology in your business? Since its inception in the early 70’s, barcodes have become nearly ubiquitous in many areas of retail, distribution, and, of course, manufacturing. Here are a few ways that using barcodes could … Continued
The early days of ERP implementation can present something of a frustrating paradox for business owners and employees alike. The basics design of ERP software is efficiency, continuity, and ease-of-use, yet the challenges of adapting to a new system can … Continued
A surprising majority of companies make simple mistakes that end up costing them big in terms of efficiency and the bottom line. The best way to avoid is simply by avoiding complacency and always keeping one eye out for … Continued