Cloud software has tremendous potential to help small- and medium-sized manufacturers compete with large enterprises. But what if that software assumes that you want to operate just like them?
How do you squeeze the most return out of your investment in innovation? It’s not always about new products — they don’t always produce bigger profits.
In a nutshell, there are three accounts to the triple bottom line (TBL) — People, Planet and Profit. Profit is often formulated by a team of accountants and carefully monitored by management, but what about the other two components?
Manufacturing has changed drastically in the past decade, and much of this change is due to advancements in technology. Here is a look at a few of the technologies that are having the largest impact.
Sustainable pumping offers a new approach for the design of conveying systems to help improve overall efficiency and the use of different resources.
Although deal volume has decreased, value in the third quarter was at its highest since early 2011, hitting an average of $756 million. This heightened value was aided by the nine mega-deals that took place this quarter, including the $6.3 billion acquisition of Rockwood Holdings by Albemarle Corporation.
Specialty chemicals companies today face numerous uncertainties and constantly navigate internal and external business variables, but sophisticated software systems are available to drive supply chain excellence and to align people and processes.
Not having a single picture of what’s happening on the floor — or a seamless way to connect it with processes like quoting or material planning — is one of the main reasons that being production manager at a small- or medium-sized manufacturing company is so stressful.
A growing number of manufacturing companies are bringing their operations back to the United States and they are discovering that cloud based ERP software can help their core functions become more efficient and cost-effective, ultimately driving greater revenue.
As the economy recovers, middle market manufacturing companies are poised to make a big comeback in terms of profitability and as appealing prospects for investors. Changing economic tides, a shortage of sellers and trillions of investor dollars on the sidelines, add up to big opportunities for manufacturing businesses in the middle market today.
Recent changes in U.S. patent law provide some helpful advances for the chemical industry; however, new challenges have also arisen for companies seeking patent protection. Among these changes, the U.S. recently transitioned to a first-to-file patent system, making it more important to act quickly in filing patent applications for inventions, ideally before any public disclosure occurs.
From family businesses to the largest multinational brands, many manufacturers rely on co-packers as a way to enhance production efficiencies and reduce costs, allowing them to increase capacity at peak times without large investments. This short checklist can help guide brands in their search to find the right partner at the right time.
Many projects are contemplating the design of coal combustion residues handling systems to comply with EPA regulations and to relieve pressure on existing ash ponds. For each of these projects, one critical aspect of their feasibility is to determine how to store the CCR at the point of production and how to transport it to the new landfill.
Although carefully drafted to always reference emission reductions from power plants, since the EPA does not have the legal authority under this rule to directly regulate emissions from other sources, the new rule actually provides a pathway for states to regulate other industries and facilities through their climate change plans.
The need to manage environment, health and safety performance across organizations has never been more apparent. The increased reliance on supply chains extending across the globe, the visibility afforded by online communications and the need to improve end-to-end sustainability are compelling businesses to account for EHS performance across the supply chain.