With all the news and stories about U.S. manufacturing in the midst of a reshoring drive, a new report looks at the real numbers behind the push to bring production back to our shores. Yesterday, A.T. Kearney released its 2014 Reshoring Index, which looks at the rate and pace of the return of manufacturing operations to the U.S.
There’s good news to share. The lower costs associated with reshoring are driving more local manufacturing activity; technological developments are drastically changing the way plants operate; and capital investments are on the rise. Here's what to expect in the coming year.
If your facility isn’t measuring Overall Equipment Effectiveness (OEE) by utilizing the Industrial Internet, your company is likely losing out. That sounds like a bold assertion, but consider this: A facility with an OEE score of 85 or higher is considered "World Class." However, 40 is a fairly common score for facilities just starting to measure OEE.
Because billions of particles lace unconditioned air with dust, dirt, bacteria and pathogens, your plant’s air filters are crucial to preventing contamination and ensuring food safety. But when it comes to filtration, more isn’t necessarily better.
When putting together a compressed air system, temptation is all around you. You want the best system, but having the best doesn’t mean grabbing whatever looks good. Build a system that meets your needs not your wants. Focusing on your system’s needs and avoiding these seven deadly sins will keep you from needing to confess when your utility bill arrives.
The chemical sector has one of the lowest rates of economic crime, according to our 2014 Global Economic Crime Survey. And yet, 27 percent of respondents say their company has experienced some form of fraud, up from 22 percent in 2011.
Yesterday, GE added Brazil to its list of global research centers when it opened the Brazil Technology Center in Rio de Janeiro, its first R&D center in Latin America. The gleaming $500 million center has come a long way since GE’s R&D beginning more than a century ago: a barn behind the house of engineer Charles Steinmetz.
Manufacturing is an ever-changing industry, where manufacturers and processors face new issues and concerns every year. Since this year is no exception, here are a few of the top concerns.
With the chemical industry back in the game, so to speak, executives can finally start to relax and enjoy the ride, right? Wrong. A new threat is looming on the horizon with the potential to seriously jeopardize projects and the progress of the industry as a whole. The issue: the limited supply of skilled labor.
The chemicals sector is no stranger to radical change, but the Classification, Labeling and Packaging EU regulation, which is meant to align with GHS and REACH on June 1, 2015 introduces a whole new set of criteria for warning users of Physical (explosives, flammable gas, etc.), Health and Environmental Hazards.
Ingredient changes and process design solutions are much easier to engineer in a new plant than in an existing one. Plants can design dedicated process lines, separate storage areas and well-planned cleaning processes to avoid any cross-contamination issues. With gluten-free products firmly ingrained, retrofitting an existing plant to incorporate this allergen into the current product mix can be challenging.
It looks like the Obama administration has finally thrown down the gauntlet with companies moving their headquarters overseas. For years, companies have been buying smaller businesses abroad and, in turn, evading taxes. This practice is called inversion, and President Obama seems to be at the end of his rope with it, going so far as to call it an unpatriotic practice...
LNS Research embodies the expression “you can’t control what you don’t measure.” With that, they’ve focused a significant part of their research on identifying the “Metrics That Matter.” And one of the most interesting topics to their Global Executive Council is benchmarking and understanding how to measure performance.
Did you know that if you lose an eye or a limb at your current job, your employer is not required to report it to the Occupational Safety and Health Administration? Well, that’s about to change.
A new report praises the early adoption of technologies like cloud computing as the quickest path to business success. However, in industries like manufacturing there is still trepidation in adopting new technologies and transforming old business models. An uneasiness with the pace of change and confusion over the best path forward leads to innovation vertigo...