For manufacturers throughout California and across the country, the new year brings new challenges—and a wealth of new opportunities. But to take advantage of these opportunities, manufacturers of all sizes need to be aware of emerging trends—and willing to adapt to them.
With the growth of millennial consumers buying furniture, U.S. furniture manufacturers are moderately optimistic about the steady increase of new furniture sales in the coming years. The National Association of Realtors forecasts existing-home sales growth of 4% for the residential property market in 2018, which could, in turn, have a positive impact on the moderate furniture industry performance.Read More
California is home to nearly 7 million hourly workers, nearly one-third of which earn minimum wage. With the resulting implementation of Senate Bill No. 3 (SB3), which was signed into effect by Governor Jerry Brown on April 4, 2016, California will become the first state in the nation to require manufacturers and other employers to increase the minimum hourly wage for employees to $15 by 2022.Read More
Having a substantial competitive advantage in manufacturing is a goal that’s not easy to achieve, especially among thousands of aggressive rivals in the same industry. In an effort to gain traction against other manufacturers, many are turning to innovative manufacturing apps that allow them to have complete and real-time visibility not only on the shop floor, warehouses, and administrative offices but also across the supply chain.Read More
While the outlook is largely positive for the manufacturing industry in 2017, this doesn’t mean that there will be zero challenges. With growth comes competition, and manufacturers will need to adapt to these challenges if they want to become leaders and remain agile in the market place.Read More
Updated List of Free or Inexpensive Online Tools and Resources for Small and Medium-Sized Manufacturers
Back by popular demand! We published this blog just a little over a year ago. It has proven to be one of our most popular blogs of all time! So, we decided to update it, expand it, and republish it.
We know that if you’re a small or medium-sized manufacturer, it can be a real challenge wearing all of the different hats you need to wear to run your business. No doubt, if you had the budget, you would probably hire additional people or purchase new systems or software to free up some of your time so you could focus on strategy and ways to grow your business. Well, here's the good news.
According to the most recent report from the Institute for Supply Management, the manufacturing sector is doing quite well, along with the general U.S. economy.
The industry’s health indicator, the Purchasing Managers’ Index (PMI), rose to a healthy 54.7 percent in December – an increase of 1.5 percent in November. More importantly, for the 91st consecutive month, the overall economy grew, according to the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.Read More
For many manufacturing businesses, the default approach in providing customer service is to respond to problems as they arise.
While this reactive method may satisfy the customer for that moment, it fails to take a more proactive approach in handling customer service issues. Instead, imagine if you could solve problems before customers had to call you. Or even better, if you could address issues before they even became aware of them.Read More
The word “robot” comes from the Czech word “robotnik”, meaning “to slave.” Factories started using these machines in the early 1960’s to handle some of the more dangerous or mundane tasks that humans didn’t want to do. However, they did more than fill unwanted factory jobs; they completed the work with unprecedented speed and precision. Today, robots perform all kinds of tasks and can be classified according to different criteria such as:Read More