Product-development teams must have access to enough funds to take risks and get creative, write Mike Gordon, Marek Kowski and Sander Smits. Traditional metrics are important to measure, they add, but so are customer loyalty and team morale.
Industrial internet of things-derived data is a powerful tool for identifying waste, downtime and other issues on packaging lines and other plant equipment, writes Danaher executive Arun Saksena. "IIoT solutions combine data collected from sensors and machines with data from shop-floor manufacturing execution systems (MES) and other sources such as ERP to provide a data foundation upon which numerous analytics-driven applications can be built," Saksena writes.
A.R.E. Manufacturing in Newberg, Ore., teamed up with the Oregon Manufacturing Extension Partnership to apply lean principles to its recruitment and employee-development programs. The result was an on-site training initiative that helped employees to become proficient more quickly.
The Connecticut Center for Advanced Technology hosted its annual Manufacturing Mania event in Southbury, Conn. About 200 students learned about job opportunities and a modern perception of manufacturing.
Uber Freight has penetrated the trailer-leasing sector with Powerloop, which will rent trailers directly to carriers. The service is now available in Texas, and Uber plans to expand it to other US states.
Basic firewalls and unsecured personal devices make businesses more vulnerable to cyberattacks, experts say, and a cyberattack could put the majority of small businesses out of business. However, working with partners that have solid security in place and shoring up your own security with multilayered protection could help prevent attacks.
The steep growth of online grocery shopping will continue to accelerate in the next five years, according to a report from Packaged Facts. Online sales, which tripled since 2013 as consumers were offered more options, are expected to more than quadruple by 2023, according to the report.
SUPERVALU posted a net loss of $57 million on revenue of $3.51 billion in its fiscal second quarter ended Sept. 8. Wholesale revenue increased 3.6% and represented more than 80% of total revenue.