First, you can invest in better equipment. Sometimes, upgrading machinery or adding a new system can allow your employees to work more productively – or significantly increase your output. For example, efficientpneumatic conveying systemscan improve how rapidly you can transfer critical materials from...
or to more free time. If you are a business leader, increasing the productivity of your company can improve your bottom line and help you to weather economic downturns. Either way, you should be constantly seeking to increase productivity. To do so, both employees and owners can take a look...
Digital Manufacturing Solutions The ThingWorx platform has brought all our various systems together and makes the data from those actionable for our workers. Not only have we been able to improve the quality of our products, but we’ve drastically increased efficiency and productivity across all of...
In January 2022, BYD began to roll out NEVs in Changzhou, leading to the formation of a complete local NEV industrial chain. "Changzhou's new energy industry cluster is highly developed and concentrated, so it fosters strong innovation capacity and great efficiency in production," said Zhang ...
This detailed insight leads to better decision-making, as it helps ensure resources are allocated efficiently and customer demands are met quickly. Increase operational flexibility Supply chain automation allows for quick changes in production and distribution to respond to varying market conditions. For ...
In this regard, Apple provides a prime example of how hard it would be for multinationals to disengage their supply chains from China. Although the consumer technology giant is working to move manufacturing outside China over the past years, much of its production still relies on Chinese companie...
If you have reliable suppliers, consider switching to Just In Time (JIT) inventory management3. The idea is to eliminate waste and increase efficiency. With JIT, raw materials arrive as they are needed for production or stock arrives to meet customer demand – but no sooner. It mea...
Manufacturing companies always focus on downtime to improve processes and increase efficiency in a facility. There are many different categories of downtime, including downtime from jams, breakdowns, operator errors, and more. Machine setup is one area where downtime is manageable and predictable. ...
though. While increasing scale often leads to greater efficiency up to a certain point, there may come a time whendiseconomies of scaleset in. This means when the operation becomes so large that coordination problems, bureaucratic inefficiencies, or other factors begin to increase costs per unit....
They have to find ways to increase efficiency and keep costs down while also avoiding shortages and preparing for unexpected contingencies. Typically, the SCM process consists of these five phases: 1. Planning To get the best results from SCM, the process usually begins with planning to match...