In 1998, Steve Jobs told Fortune, “Innovation has nothing to do with how many R&D dollars you have.” Jobs believed that throwing money at a problem should not be the answer. Creativity and genuine genius should win out. And whether you’re a pharmaceutical and software company with a large budget for research and development or a custom manufacturer with considerably less, a budget is still a budget.
So here are a few tips to help you spearhead innovation without blowing your R&D budget.Read More »
Implementing a supplier diversity program is a new frontier — evolving from a possibility to a must-have in many U.S. companies. More stakeholders and policy makers are increasingly seeking out minority-owned, disadvantaged and small businesses.Read More »
If you are thinking about listing your business on Thomasnet.com, you may have thought "Does Thomasnet.com really work?"
Of course, we understand that you may still have questions about the results that Thomasnet.com delivers to manufacturers and industrial companies like yours. That's understandable.
The Thomas Network connects active B2B buyers and engineers with 500K+ North American suppliers. If you tried to replicate all of the supplier evaluation activity on the platform that happens in a single month, it would take you 7.5 years — without sleeping. In fact, every 2 seconds, a supplier is evaluated by a buyer on the platform.Read More »
You’ve likely read numerous headlines by now telling you which stores will be open on Thanksgiving Day. You also probably read some stories about retailers that have chosen to stay closed on this national holiday.
But beyond that, there’s another movement taking shape that asks consumers to avoid the crowd altogether and head to your local mom-and-pop stores on Small Business Saturday.Read More »
Industrial processes have to be precise. Any error, from a disrupted link in a supply chain to a faulty step in the manufacturing process, could significantly drop the quality of your delivered goods or service.
With a highly competitive environment, mistakes are intolerable.
Mistakes and errors are rife when your industrial business does not have a set of documented steps for every business operation. This is where business process management comes in.
In this blog, we will explore what business process management is, and how it can be used to reduce errors in all of your business procedures. This includes procedures such as using Thomasnet.com to source suppliers, to the factory floor operations, right through to the end of your supply chain with product/service delivery and marketing.Read More »
The shopping frenzy known as Black Friday is almost here. While you will probably see lots of stories about long lines and huge crowds tussling over the latest toys and electronics, there is another story taking place behind the scenes — one of careful planning, lots of moving parts, and plenty of risks. It’s a story of logistics.Read More »
In today’s increasingly dynamic and ever-changing market, organizational change isn’t only to be expected; it’s essential. However, change isn’t always easy, and it’s important to understand how different employees will respond in order to implement and manage change effectively.
Read More »
Digitized information can help to make the sourcing process simpler and more efficient — especially for complex industrial parts, ultimately helping manufacturers generate more leads.
Manufacturers are increasingly optimizing their product data offerings with CAD files, drawings and configurable components, differentiating their digital customer experience from their competitors. Why? Because more engineers are downloading CAD files and demanding access to digitized product information in the formats they need to get the job done.
So if you're looking to drive more sales, read on to learn how to provide CAD models from your website.Read More »
As companies in the industrial sector look for ways to win new customers and keep the loyal customers they have, they need to find ways to stay top of mind in a competitive landscape. From producing videos, creating valuable guides, to being everywhere your buyers are — a recognizable brand in addition to those marketing tactics can put you in position to win more business.
Public relations (PR) can help manufacturers boost their brand awareness and drive credibility and sales. Let's outline how you can get started.Read More »