Todd Drummond shares an example of how A-1 Industries’ use of industrial engineering practices and work minutes sets the company up for success.
Many companies are guilty of making decisions today that will cost hundreds of thousands, if not millions, of dollars in the future, Todd Drummond writes.
To address the upcoming challenges, companies should begin investing in process improvements across all areas of business, not just in manufacturing.
The application of standard, industry-accepted productivity reporting methods contribute to a significant loss of money for component manufacturers.
Cutting back on the number of personnel in favor of automation will lead to lost sales and smaller net profits because overall production volume will suffer, Todd Drummond writes.
