For decades we’ve seen incremental innovations and improvements to manufacturing and machining equipment creating higher precision, faster production, and increased reliability. This is anticipated progress. What wasn’t expected was the disruptor of Internet of Things (IoT) becoming a reality and promising a leap forward in manufacturing efficiency and cost-effective maintenance. What is Internet of Things? Internet of Things, […]
How Technology Is Shaping The Logistics Industry
We’ve examined the impact technology is having in the trucking industry in the past, though today we’re going to take a close look directly at it’s impact on the logistics firm, both in-house and in concert with 3rd-party carriers. Keep in mind that many of these technologies will be applicable to the entire supply chain […]
Lease vs. Buy; An Industrial Equipment Dilemma
Technology and markets are continually evolving, dividing industrial companies into three broad categories: innovators, followers, and status-quo. What determines which camp a business falls into is largely decided by who is at the helm; are they a risk-taker or conservative with the company’s resources? First we’ll distinguish leasing versus buying, then apply those differences to […]
Put It Out To Pasture: When Replacement Makes More Sense Than Repairing Machinery
When you buy heavy industrial machinery you spend a lot of time researching your next purchase, sometimes hiring consultants to aid in your selection process. The hope is that you can use this machine or piece of equipment for decades to come, however, in most instances this isn’t feasible due to wear and tear/costly repairs […]
How Small Machine Shops Gain Competitive Edge
You’ve been in business for several decades or recently purchased an older, established machine shop from another proprietor and you’re sensing a squeeze from more competition and smaller margins. Long-standing clients brought their prototyping in-house and are looking for ways to shave costs on manufacturing runs, pushing your prices lower to retain their business. Is now […]