The manufacturing industry is largely comprised of small businesses. In fact, according to the latest information from the U.S. Census Bureau, more than 98 percent of manufacturing companies in the U.S. are considered to be small (with fewer than 500 employees). Further still, nearly 75 percent of manufacturing companies actually have fewer than 20 employees.
Within these smaller organizations, financial decisions always loom incredibly large. Every dollar counts, and one misstep can have disastrous consequences. That's why it's important to steer clear of these common pitfalls.Read More »
The manufacturing industry is one of the largest and most influential sectors of the United States economy. It also accounts for a similarly large piece of the American workforce — the industry employs 8.7 percent of the country, making it the third-largest industry in terms of jobs.
But what is it like for the millions of people who actually work in the industry? The truth is, it's pretty fantastic. Here are some reasons why:Read More »
The manufacturing sector is constantly pushing the boundaries of innovation and technology, and that in turn is fueling the demand for local sourcing and reshoring.
However, for U.S. manufacturing to continue its momentum, buyers must be able to purchase these awesome made-in-America products, and that's what Thomasnet.com is all about.
Every day, we help buyers connect with qualified suppliers who can deliver exactly what they are looking for. Here are some of the amazing U.S.-made products that are being produced by suppliers on Thomasnet.com right now.Read More »
When I started working in manufacturing, while I had some interest in sectors, I originally thought industry was complicated, outdated, and somewhat dull — but I was quickly proven indisputably wrong.
Today, I know the truth — it is great to work in manufacturing. Unfortunately, many of my fellow millennials still have a negative perception about the industry, which makes it harder to recruit young talent and overcome the talent shortage. To change their minds, and to help you recruit and connect with millennials in your workforce, I wanted to share what I have learned, and what excites me most, about manufacturing.Read More »
Your supply chain is delicate. If just one link in the chain is disrupted, it can have a significant impact on multiple aspects of your business.In fact, supply chain disruption can lead to decreased productivity, increased costs, rising customer dissatisfaction and a host of other issues.
Don’t be caught by surprise when your chain is disrupted; be prepared to execute these six proven supply chain disruption strategies.Read More »
Last week, we revealed the coolest new technology behind additive manufacturing, wearables, and robots. But with so many examples of technical trends that are sweeping manufacturing and the supply chain in Frost & Sullivan's outline of the Top 50 Emerging Technologies that are expected to transform the world, we couldn't cram them all into one post.
So without further adieu, here are three more tech trends in the manufacturing industry along with examples of the latest advancements in their respective fields.Read More »
Year after year, the manufacturing industry finds itself on the cutting edge of technology, and 2016 is no exception. The research team at Frost & Sullivan uncovered the Top 50 Emerging Technologies expected to transform the world and, not surprisingly, many of them will impact manufacturers and supply chain professionals.Read More »
Millennials in the manufacturing and supply chain industries are garnering a lot of attention, not to mention a lot of headlines. From how milliennials search for jobs to their growing influence on the supply chain, millennials get people talking.
However, we wanted to talk about the generation that will follow the millennials — Generation Z. Members of this generation are still in classes, developing their interests, and laying the foundations for their futures many of which will be in STEM fields.Read More »
There's plenty of coverage and chatter on IoT trends, being replaced by robots, and legacy equipment vs. digital manufacturing in our industry. That's a good thing because technology becomes more integrated with every aspect of our lives each day.Read More »