The Hynes Industries team just returned from Solar Power International, the solar industry’s premier, comprehensive, educational conference and product exhibition. SPI brings the full range of industry ideas, experts, professionals and information together in one event.
Cash is king.
For manufacturing companies, equipment and tooling costs are two investments that have a significant impact on cash flow. The cost of tooling often dictates what production process best fits the project.
The most proactive people in your life are the ones who always think ahead, anticipate future needs, identify problems and possible outcomes, and create solutions.
A proactive metal fabrication partner possesses these same characteristics. Through experience, careful evaluation and a value-add approach, a proactive partner anticipates challenges, prevents problems and executes solutions that will reduce costs without sacrificing quality.
Since 2004, Gartner has compiled The Gartner Supply Chain Top 25, a list highlighting the best practices of the 25 global supply chain leaders.
The 2013 list, which includes the likes of Intel, Caterpillar and Ford Motor, offers lessons to B2B corporations aiming to streamline their supply chains:
Streamlining—a buzzword and a method that so many of us are striving for when it comes to our supply chains.
To stay efficient and successful in today’s world of evolving market conditions and shifting customer demands, streamlining your supply chain is key.
The transportation industry has long been a staple of the American economy. From Vanderbilt’s railroad empire to Uber’s complete disruption of the ridesharing industry, the way we move and the companies that move us have evolved.
According to KPMG’s 2013 Global Manufacturing Outlook, 49% of manufacturing executives said that their organizations lack supply chain visibility beyond their Tier 1 suppliers. The same study found that only 9% had complete visibility of Tier 1, 2 and beyond.
Investing in a contract manufacturing partnership can help stabilize your supply chain. But a great supply partner is only one piece of the puzzle.
A healthy relationship between you and your suppliers form the foundation of your company’s success. Companies that continue to suffer because of weakened, inefficient relationships will surely lose to their competition.