Articles

Manufacturing

Bill of Materials (BOM): Definition, Impact, and Components

Bill of Materials (BOM): Definition, Impact, and Components

The Bill of Materials (BOM) is a cornerstone document critical to creating any tangible product in the intricate web of modern manufacturing and product development. It is a comprehensive list that catalogs all the components, raw materials, and assemblies needed to construct a finished product. Its accuracy and detail reflect directly on the production process’s […]

Read More
Construction Materials Management: Techniques, Software, and Benefits

Construction Materials Management: Techniques, Software, and Benefits

Construction materials management is pivotal in completing construction projects, ensuring that materials are available, of the right quality, and reasonably priced.  Every year, the construction industry faces significant challenges associated with material shortages, quality control issues, and logistical inefficiencies.  Implementing an efficient material management process is not just a cost-saving measure, but a strategy to […]

Read More
Process Manufacturing vs Discrete Manufacturing: Definitions and Differences

Process Manufacturing vs Discrete Manufacturing: Definitions and Differences

Manufacturing is the large-scale process of converting raw materials into finished products, utilizing factors of production, including human labor and machinery. Depending on the product requirements, you can use various manufacturing processes to get the desired output.  Discrete manufacturing and process manufacturing are the most common production methods. In this article, we explore the two […]

Read More
Process Manufacturing: Definition, Benefits, and Industries

Process Manufacturing: Definition, Benefits, and Industries

Manufacturing is the process of creating a finished product from raw materials or ingredients. This action is accomplished by using machinery, human labor, and other tools, with some manufacturing requiring chemical processes. There are various methods of manufacturing systems linked with producing final goods. Process is one of the main manufacturing methods. In this article, […]

Read More
Industrial Sector Cools, Manufacturing Heats Up

Industrial Sector Cools, Manufacturing Heats Up

Following record high demand and rent prices notched during the pandemic, the industrial sector’s dynamics are shifting and demand is cooling, finds a new U.S. industrial market update from Savills. Some predictions about where things are headed from here: Vacancy rates are on the rise. While the market is still historically tight, vacancy rates are […]

Read More
Repetitive Manufacturing: Definition, Types, and Benefits

Repetitive Manufacturing: Definition, Types, and Benefits

Technological advances have led to a higher quality of life for many individuals and efficiency gains for most businesses. However, there have been new challenges posed by technological advances, including pollution and waste. In response, some companies are adopting a new technique called repetitive manufacturing. This manufacturing process is designed to help minimize waste while […]

Read More
Don’t Blame Lean Manufacturing

Don’t Blame Lean Manufacturing

Lean manufacturing has been blamed for the recent supply chain crisis, with critics claiming lean and just-in-time (JIT) manufacturing encouraged extremely low inventories of raw materials and components. When the pandemic arrived, and supplies were disrupted, manufacturers had to stop production due to material shortages. This had cascading effects all the way down the supply […]

Read More
Discrete Manufacturing: Definition, Benefits, and Examples

Discrete Manufacturing: Definition, Benefits, and Examples

In the past, manufacturing tended to involve long assembly lines with armies of workers playing a part in creating the finished products. This description fits well for conventional manufacturing industries. However, with rapid technological advancements, various alternative manufacturing options exist now. Discrete manufacturing is one of the most prevalent manufacturing processes that utilize a production […]

Read More
Just In Time Manufacturing: Definition, Benefits, and Origin

Just In Time Manufacturing: Definition, Benefits, and Origin

New technologies, raw materials, and production strategies are being adopted daily as companies strive to remain competitive in their respective industries and to meet changing customers’ demands. Manufacturers must remain flexible and adaptable in their production methods to allow adjustments to their supply chain.  Manufacturers can adopt many different production strategies, each with advantages and […]

Read More
Nearshoring Picks Up Steam

Nearshoring Picks Up Steam

All of the global supply chain snafus that have taken place over the past two years have caused many manufacturers to reexamine their supply chain and production networks. The question they all seem to be asking is: Should we bring production closer to consumption? A new report from Accenture indicates that answer is “yes.”

Read More
Manufacturers Feel the Disruption Burden

Manufacturers Feel the Disruption Burden

Supply chain disruptions over the past 12-18 months—including shipping delays and parts shortages due to truck driver issues and congested ports—have heavily impacted manufacturers (see chart). That’s the consensus of Deloitte’s new study, Meeting the Challenge of Supply Chain Disruption, which was conducted in partnership with Manufacturers Alliance. (see chart).

Read More
On Manufacturing Pessimism

On Manufacturing Pessimism

“Given current economic trends, it’s understandable that manufacturers’ optimism is declining. Yet, increased demand offers some promising news. To keep up, business leaders should diversify their material suppliers and challenge logistics providers to find ways to tighten delivery times. And, to address employee shortages, companies must revisit their talent strategies and implement comprehensive recruitment and […]

Read More
Materials Management: Definition, Process, Benefits

Materials Management: Definition, Process, Benefits

Materials management is an aspect of supply chain management and planning. The primary purpose of materials management is to ensure that manufacturers have all the raw materials they need to make goods. Materials management also focuses on ensuring that no components are wasted and optimizing  inventory maintenance and management. While materials management requires understanding what […]

Read More