Part 7 of "The New Supply Chain" blog series by Mike Loquercio, Vice President of Supply Chain at Greenleaf Foods.
This is an original article by Ken Voytek, Chief Economist at NIST MEP.
I’ve made it my personal crusade to keep a focus on the fundamental importance of productivity to manufacturers, to the MEP Program, to the MEP Centers that do the daily work of helping small manufacturers boost their performance. It may seem strange to read a post about productivity given the current environment, but it remains important to both national economic and business success. Indeed, productivity will be even more critical as we recover from the current health and economic crisis. Currently, there is significant excess capacity of both capital and labor that we can reengage to help the economy grow faster and return to full employment and capacity utilization of plants as equipment is more fully used. In his 2004 book The Power of Productivity, William Lewis argues the real solution is not necessarily more capital or working smarter (although these things certainly help), but rather how a company organizes and deploys its capital and labor.
Every quarter, around 100 IMEC clients have the chance to tell IMEC and our national partners terrific stories about the improvements made through their collaboration with IMEC in projects and events. Through a third-party administered survey, we ask clients to self-report accumulated impacts of cost savings, new investments, new or retained sales and new or retained employment from activities or projects completed with IMEC in the last year.
Written by Celia Paulsen, NIST.
Artificial intelligence (AI)-powered robots, 3D printing, the Internet of Things (IoT)...there’s a whole world of advanced manufacturing technology and innovation just waiting for small and medium-sized manufacturers (SMMs) who want to step up their digital game. Unfortunately, manufacturing digitization can present some fundamental challenges, like added cybersecurity risk.
Have you had a chance to sit back and think about how the pandemic has changed your long term business goals? Although we are still not out of the woods yet, now may be a good time to think about revising your strategic plan to account for the recent disruption.
During these unprecedented times, one group stood out for their contributions to society. Those at the frontlines! Nurses, doctors, grocery store clerks, and manufacturing associates. “Production” associates, as this recent article points out, deserve our appreciation for providing us with the goods and services we need. Arguably risking themselves in the process!
As Illinois manufacturers settle back into a “new normal” there is no shortage of responsibilities weighing on our minds. One area that can easily get overlooked as we move through this uncertain time is your Quality Management Systems (QMS). With our focus elsewhere, new procedures or training can get implemented without proper documentation. We can get behind on our internal auditing schedule. Or we lose sight of action items from prior meetings and audits.
If you could do one thing to prevent someone from contracting COVID-19, would you? If you could do one thing to help put the economy back on the path to recovery, would you? Well, you can! And, it’s a simple thing to do. Anyone can do it. But a lot of people aren’t.
If it is that easy, why isn’t everyone doing it? Good question. But here is all you have to do – wear a mask. It’s that simple. It doesn’t have to be fancy – a simple cloth face covering can make a big difference.