Statistical Process Control is a method of process and quality monitoring that uses a statistical approach in order to detect inconsistencies in production. It can be an invaluable tool when trying to ensure product conformance, enhance productivity, and reduce waste.
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U.S. Manufacturing Rebound Carries Over to 2021; Accelerating the Adoption of Advanced Manufacturing Technologies to Strengthen Our Public Health Infrastructure; Manufacturers Outperform Other Sectors, Expecting Growth in 2021; Industrial Internet Consortium and The Smart Manufacturing Institute Announce Strategic Partnership.
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Setting up a business in Shopify is an easy thing to do. Properly managing that business, however, takes work. Here are some techniques and apps for effective Shopify inventory management.
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U.S. Takes Strategic Step to Onshore Electronics Manufacturing; UK Manufacturing Update: Brexit Fears and Opportunities in 2021; Diversity, Inclusion Efforts Can Make a Difference in Attracting, Retaining Talent in Manufacturing; What is the Real Value of Autonomous Manufacturing Robots?
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Calculating the Cost of Goods Manufactured is a good way to get an overview of production costs and how they relate to the bottom line of your business. It allows management to identify cash drains, to adjust prices, and to track the development of the business.
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U.S. Manufacturing Is Heating Up; U.S. Factory Activity Approaches 2-1/2-Year High; COVID-19 Hitting Supply Chains; UK Manufacturing: The Impact of a Third National Lockdown; 5G and Manufacturing: The Missing Link to Drive Industry 4.0?
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Regardless of the size of the manufacturing operation, a Bill of Materials (BOM) is vital for production. Companies across the globe utilize them as the guide and shopping list for their final product and as such, they are tied into manufacturing, maintenance, scheduling, purchasing, and other areas of the organization.
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As manufacturers, we cannot wish for a better spokesperson than Santa Claus. He has a strong brand, is well-liked throughout the world, and brings efficiency to a whole new level.
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Manufacturers Increasing Investments in Digital Technology; UK Economy: Manufacturing Sector Strengthens In December; Rebound in Eurozone Business Activity Overshadowed by Fresh Lockdowns; German Factories Prop Up Economy With Forecast-Beating Growth
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The inventory turnover ratio is a good indicator of the performance of your company. Find a balance between sales and stock by using these formulas and tips.
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New Report Identifies Cities with Most Manufacturing Jobs; A Call to Action: Help Specify a New IoT Communication Protocol; UK Manufacturers Enjoying Boost From Sales Direct to Customers; Australia’s Advanced Manufacturing is Creating Careers.
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Cycle time is often confused with throughput time and takt time, but it is nevertheless a separate manufacturing performance indicator used to measure the duration of specific production processes and to get vital insight into your production efficiency.
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