Tips

Barcodes: From Chaos to Tracking

Almost 70 years ago, Joseph Woodland, a young graduate student at the Drexel Institute in Philadelphia, invented a way to speed up the check-out process in stores by automating transactions.

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The Importance of Proper Production Planning in Manufacturing

Planning plays an important role for any successful business, but it’s hard to find a case where planning or scheduling would have as great an impact as with manufacturing companies, where bad production planning might be a beginning of a disaster or proper planning may be a strong competitive advantage. As Benjamin Franklin once said:

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Practical Production Planning

In one of our previous posts, we have already talked about what kind of information goes into production planning (you can find it here: Manufacturing Production Planning — what is it?). Today we are going to dive into the practical side of it, how to put operations into the schedule in different situations.

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Manufacturing Cost Advantage Shift

New studies reveal that the cost competitiveness of manufacturing across the globe has shifted. For example, according to the Boston Consulting Group, even though China remains the number one country in terms of manufacturing competitiveness, the manufacturing cost advantage over the U.S. has shrunk to less than 5 percent.

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