U.S. Department of Energy Announces $67 Million to Enhance Manufacturing Competitiveness Through Innovation; UK manufacturers warn of slow recovery from coronavirus; REPORT: New Operational Practices to Consider in the Time of COVID-19; our challenges for implementing data strategy in manufacturing
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Inventory control allows companies to maintain the proper balance of stock in their warehouses and help with providing superior customer service.
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U.S. auto industry workers return to jobs amid concerns of second virus wave; UK manufacturers push back against 14-day quarantine plan; European investment plunge raises fears for future growth; Due To COVID-19, Manufacturing Will Experience Five Years Of Innovation In The Next 18 Months.
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By implementing common sense and best practices for inventory adjustments, a company can realize inventory accuracy that keeps processes on track.
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U.S. manufacturing contracts further in April: IHS Markit; U.S. Factories Face a Hitch in Reopening; UK economy starting 2020 in ‘stagnation’ and uncertainty, British Chambers of Commerce warn; Back-to-Work Protocol for Manufacturers Post-COVID-19.
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Key Performance Indicator or KPI is a quantifiable measure used to evaluate the success of an organization. Here are key manufacturing KPIs to track.
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Manufacturers Hit a Wall as Coronavirus Saps Demand; Rise in Demand for US Manufacturers Creates New Opportunities; UK manufacturing down to lowest capacity utilisation rate on record; 6 Things Our Podcast Guests Wish People Understood About Manufacturing.
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For a food manufacturing business, many requirements must be met, which can vary depending on the type of food you make, the facilities that you use, and the market you operate in.
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Looking to American Manufacturing Entrepreneurs to Save Lives and Jobs; UK and eurozone suffer record slumps amid Covid-19 lockdowns – business live; EU should ‘not aim for self-sufficiency’ after coronavirus, trade chief says; What Will Manufacturing’s New Normal Be After COVID-19?
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The reorder point, also known as ROP, is the inventory level at which an order is triggered to replenish the inventory stock. Read more from this article.
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Bringing Manufacturing Back to the U.S. Is Easier Said Than Done; American factories just had their worst month since 1946; Digital manufacturing: Four practical tips for UK SMEs; EU Industrial strategy: More ambition, faster implementation.
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Business Process Management initiatives can help drive continuous process improvement through a factory. In addition, they can be used in conjunction with software platforms such as CRM, MRP, ERP.
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