What is being referred to as Black Monday in the financial circle did not just happen out of the blue. It’s one of the consequences of the viral spread of COVID-19, which has affected not less than 100 countries with new countries joining the fray. We’ve also seen...
Switching to centralized purchasing is one of the go-to solutions for companies. This denotes that one region will be in control over all or many most of the purchasing decisions of the firm. The issue with decentralized purchasing is that every region possesses its...
Most times when people ask us for the key to outgrowing their competition, we give a one word answer: Management. While some people grumble about the vagueness of the answer, others just nod and move on. The fact remains that every aspect of business requires good...
Covid-19, as it is now called, has caused more harm to the Chinese manufacturing industry since the wake of the SARS virus. After 3 weeks, a complete shutdown of the country’s manufacturing sector which had thousands of factory workers quarantined. This situation has...
Businesses have several reasons for hiring consultants to bring solutions to a problem in their business. Either the company needs a plane opinion, or if the company doesn't possess ways of addressing internal issues, consultants provide a method of solving an issue...
According to research by the Industry Trade Group, there is a yearly average of 1,390 ships that have been lost at sea in the last three years. In 2018 alone, about 46 ships stretched out as far as 1300 feet were lost at sea. Insurer Allianz described this number as...
The President of the United States, Donald Trump, just signed the USMCA into law, which is just 2 weeks after the Senate has approved it, and a month after passing in the House of Reps. This agreement is a trilateral one, which requires the signatures of all 3...
Everyday, manufacturers are faced with different choices, but the most common of them is choosing between producing an item in-house or buying it. The main driver for this choice is always cost and general profitability. With every choice between these two entities,...
Ever wondered why collaboration is taking over the business world? Well, we know a lot about collaboration inside a business but not a lot of people really pay mind to supplier collaboration. According to Industry Week, close and ongoing supplier collaboration can...
The lack of language skills has been detrimental to business. About 22 percent of manufacturing companies have not been able to make a large number of sales due to this language barrier, especially in sales to other foreign nations. Although manufacturing companies...
In the world of processing equipment, tumble cone blenders stand out as efficient tools for mixing dry powders and granular materials. They mix together free-flowing solids in various industries, including food, pharmaceuticals, chemicals, and powdered metals. Their...
Particle size reduction is a fundamental process that finds application in various industries and scientific fields. By breaking down large particles into smaller ones, it offers several advantages, including improved solubility, enhanced reactivity, better mixing,...
Achieving efficient production and scaling up output in the processing industry can be a daunting task. In many cases, there may be technical or operational issues that require resolution before production can reach the necessary capacity levels. That is why it...