IT for Manufacturing Executives
Benefits Of Cloud Based Inventory Management Software
May 15, 2013 11:21 am | by Acumatica | Articles | CommentsFor a long time sophisticated inventory management software solutions were too costly for most small and mid-size businesses. In addition to paying for the software license, you needed appropriate hardware to house the data and an IT staff to maintain the software and address problems. All of this adds up to high cost of ownership.
Meeting And Beating New Product Cost Targets
May 15, 2013 11:04 am | by Julie Driscoll, Vice President, Strategic Marketing & Product Management, aPriori, Inc. | Articles | CommentsIf you are working on a new product development initiative (NPI) for a discrete manufacturer, you’re likely under pressure to develop those products within specific cost, weight, market and quality targets under very tight timeframes. Developing and producing products that can meet all of these criteria, particularly cost, can be extremely challenging.
Building Apple's iPhone Doesn't Pay Like It Used To
May 15, 2013 10:55 am | by ReutersTV | Videos | CommentsApple's legendary profit margins may be challenged if the firm releases its long-rumored low-end iPhone later this year. But the ones really feeling the pinch will be its suppliers. Apple does none of its own production and relies on Asia's contract makers - the biggest of the bunch being Foxconn. Foxconn draws an estimated 60 to 70 percent of its business from work commissioned by Apple.
Hedge Fund Boss Loeb Lobbies For Breakup Of Sony
May 15, 2013 10:49 am | by Ryan Nakashima & Yuri Kageyama, AP Business Writers | News | CommentsThe U.S. hedge fund manager renowned for shaking up Yahoo Inc. has set his sights on Sony Corp., proposing that the Japanese electronics giant spin off up to 20 percent of its movie, TV and music division and use the money to strengthen its ailing device manufacturing unit. Sony rejected the plan, but analysts latched onto the idea as a way for Sony to unlock hidden value.
U.S. Factory Output Falls In April
May 15, 2013 10:39 am | by Martin Crutsinger, AP Economics Writer | News | CommentsU.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output. The Federal Reserve said Wednesday that manufacturing output dropped 0.4 percent in April from March. It was the third decline in four months and the biggest since October.
Chains Grapple With How To Improve Safety
May 15, 2013 10:35 am | by Anne D'Innocenzio, AP Retail Writer | News | CommentsBut in the latest sign that there's a clash between what U.S. companies and overseas firms think should be done to solve the issues in Bangladesh, several North American retail groups led by the National Retail Federation on Tuesday said they are working on a separate factory safety plan.
Google Poised To Show Off Latest Devices, Services
May 15, 2013 10:32 am | by Michael Liedtke, AP Technology Writer | News | CommentsThe company, which is based in Mountain View, Calif., made a big splash at last year's conference by staging an elaborate production to highlight the potential of Google Glass — an Internet-connected device and camera that can be worn on a person's face like a pair of spectacles.
Ford Owners Claim EcoBoost Engine Defective
May 15, 2013 10:30 am | by Dee-Ann Durbin, AP Auto Writer | News | CommentsThe lawsuit says more than 100 drivers have complained to the National Highway Traffic Safety Administration about the V6 EcoBoost rattling or losing power. Ford hasn't recalled any vehicles for the alleged defect, and NHTSA hasn't opened an investigation, which is often the first step in the recall process.
Bill Squeezing Out Tesla Passes N.C. Senate
May 15, 2013 10:26 am | by The Associated Press | News | CommentsThe electric car manufacturer says the bill that passed the Senate unanimously Monday effectively bars it from selling to state residents through its Internet-based model. The bill would require Tesla to go through the state's system of 7,000 franchised dealers by amending the definition of a dealer.
Costimator Software For Manufacturing Suppliers & OEMs
May 14, 2013 3:44 pm | by MTI Systems | Product Releases | CommentsFor decades, this dynamic cost estimating software has provided manufacturers a better way to estimate and quote parts more competitively. Version 12 is packed with upgrades and features that further enhance the speed, accuracy and consistency for estimators; as well as a new layer of specialized and unique features for machining and fabrication.
Virtualization: Risk vs. Reward
May 14, 2013 2:00 pm | by Manufacturing Business Technology | Videos | CommentsWhile the benefits of server virtualization at the corporate data center are receiving a great deal of attention, its ability to address lifecycle management issues may make virtualization even more compelling at the manufacturing plant, since implementing virtualization in manufacturing environments moves the technology into the business- and mission-critical realm. But do manufacturers fully grasp the risk versus reward?
Q&A: Maintaining A U.S. Manufacturing Presence
May 14, 2013 10:24 am | by Lindsey Jahn, Associate Editor, Food Manufacturing | Articles | CommentsFood Manufacturing spoke with Roger Kilmer of the Manufacturing Extension Partnership (MEP) about the importance of maintaining a strong manufacturing presence in the United States, and what resources are available to domestic manufacturers.
Cloud Applications, A Challenge For User And Access Control
May 14, 2013 10:18 am | by Dean Wiech, Managing Director at Tools4ever | Articles | CommentsFor an IT department, working with cloud applications and their providers can present a number of new challenges. Where the IT department previously took a facilitating role that is now transitioning to a coordinating role. In addition, it can be significantly more difficult to control user and access privileges in cloud applications.
Inside BMW's Design Lab
May 14, 2013 10:01 am | by CNN Money | Videos | CommentsAn inside look at BMW's North American design lab, where the company works on everything from cars to coffee makers. Designworks is an independent creative agency owned by BMW that is always working on the next generation of cars.
Prices Paid By U.S. Importers Fell 0.5 Percent
May 14, 2013 9:49 am | by Martin Crutsinger, AP Economics Writer | News | CommentsPrices paid by U.S. importers fell in April for the second straight month, pushed lower by another decline in imported petroleum. Falling import prices help keep inflation in check. The Labor Department says import prices fell 0.5 percent last month compared with March, when prices had fallen 0.2 percent.
