Hope & Main, a Rhode Island culinary business incubator, helps make dreams reality for people who want to start or own a food or beverage business. One of the top 10 food incubators in the country, Hope & Main has launched nearly 300 businesses since 2014, making it possible for these firms to have a […]
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After eight years of living under the quality requirements of ISO 9001:2015, ISO has finally obtained approval to revise the ISO 9001 quality standard. The approval process was quite contentious, with five previous ballots to revise the 2015 version not approved. ISO was forced to circulate the final, formal results 24 hours after a leak […]
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Authored By: Bridget Lazlo, CEO, Guardian Business Solutions For every dollar of error in your inventory, there is a dollar of direct impact on your profitability. It’s hard to believe, but it’s true. To better understand, calculate profit by taking your total sales less the cost to produce, manage, and sell your product. When you […]
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By: Chris Baichoo, WMEP Manufacturing Solutions – Executive Director/CEO Are you a small business owner looking to enhance your factory’s operational efficiency and drive continuous improvement? Look no further! Implementing Managing for Daily Improvement (MDI) in your factory can be a game-changer for your business. MDI is a systematic approach that empowers your workforce to […]
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Barry Messer, Senior Consultant Congratulations to Barry, WMEP’s first consultant to obtain lead auditor designation for Energy Management Systems for ISO 50001! The ISO 50001 certification holds global recognition and signifies an organization’s dedication to continuous improvement in energy management. This commitment allows businesses to distinguish themselves within their industry and establish a robust reputation […]
June 20, 2023By: David Boulay The growth of electric vehicles (EVs) poses various degrees of risk to auto suppliers that make parts for internal combustion engines (ICE). While no one can say for sure what these domestic supply chains will eventually look like, big changes are coming. The slow transition to EVs will eventually expand […]
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By: Patricia Henning Strother • President, Strother Communications Group SCG’s 4-step flight plan is a reliable pathway to reach targeted revenue. This model is particularly helpful for companies seeking dramatic revenue growth. At Strother Communications Group, we help sellers reach buyers, boost reputations, and grow sales. Sales growth is our specialty. We will help you […]
May 30, 2023By: Art Thomas Many manufacturers have had to make significant changes in suppliers in recent years because of various disruptions. Small and medium-sized manufacturers are often resource-challenged and do not have supply chain specialists to focus on vetting suppliers. When it comes to suppliers, manufacturers often are more transactional than strategic, focusing on […]
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Manufacturing companies have faced unparalleled challenges over the past year, directly impacted by the COVID-19 pandemic. Declines in production, forced shutdowns, staggered production schedules and reduced employment levels affected the momentum the industry was regaining since 2010. Yet, deals are still getting done during these unprecedented times and at strong values. Taureau Group recently advised […]
By Mark Coronna, Founder & CMO, The Practical CMO INTRODUCTION No one knows whether U.S. manufacturers will face a major recession, or a more moderate economic slowdown, in the next two years. The Federal Reserve cannot confidently project our economic performance over this period. ITR Economics, a private blue-chip company which makes its livelihood off […]
Read More… from Growth Markets are Critical to Your Success, Especially when the Economy Tanks