Feature Article

Recession advisory: In today’s economy, cash management is king

These days, companies in every industry—especially manufacturing—are struggling with finances as the economic downturn puts a stranglehold on lending capital. That’s why manufacturers need to adopt treasury management systems that integrate finance, supply chain, and operations to remain solvent in the short and long term.
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PAC report: The economic meltdown spurs new IT spending challenges 

The IT sector is entering into its second major downturn in the space of eight years. Pierre Audoin Consultants (PAC) maintains that while there are some valuable lessons to learn from the previous market decline that followed the dotcom boom-and-bust, suppliers face a different set of challenges in 2009.
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Revolving door: Retirement boom already shifting job roles in current manufacturing models

To ensure the healthy future of the manufacturing industry, it’s critical to know which employees possess the knowledge to train the future generation of manufacturing workers. Employee assessments mitigate risk by allowing employers to accurately determine employees’ ability, job mentality, and confidence levels.
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He said/she said: Eliminate waste through direct communication

A key building block of a strong organizational culture is creating an environment that makes it easy for employees to address each other directly—especially when they are upset, frustrated, or disappointed. It’s equally important to have direct conversations that are positive, but those usually aren’t the problem. When the message is tough, all too often we ask someone else to carry it for us.
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