Archive for March, 2016
Energy Boosts Manufacturing
New developments in the science and technology have and will spell out a massive influx in business for manufacturers. The concept of control science is emerging as the probable next step in the process of ensuring longevity for future generations whose livelihood depends on renewable or sustainable energy utilization. As the focus on new sustainable energy globally gains momentum, so manufacturing businesses are caught up in the upheaval as demand for energy-efficient products sky-rockets. Control science is bringing the idea of controlling energy at molecular, atomic and electronic levels to the “green” movement. What does this mean for manufacturers?
Containment in Complex Materials
Technology & Manufacturing is a cyclic combination. As more technology solutions emerge to contain and sustain energy, manufacturers will reap the benefits when orders for specialized materials that can hold large amounts of energy roll-in. This cycle will fuel the technology sector as they search for better more innovative designs to create energy-efficient options with higher storage capacities. Manufacturing businesses will garner solid profit margins via increased need of production in specialized materials. Homes and businesses are becoming increasingly energy-efficient and energy conscious, as the need for energy-saving additions such as solar panels or effective smart grids is trending.
Innovative solutions are establishing new and exciting frontiers for the manufacturing industry to explore. With 3-D printing on the up and up and Nano materials and advanced robotics making names for themselves across continents, the opportunity for high profit margins, job acquisition and economy-saving production lines are endless. Outsourcing for energy is no longer an issue as wind power, solar panels and high-grade batteries can be manufactured in the United States. Imported energy has cost the country nearly 700 billion a year but using our available resources to sustain and renew our energy sources will eventually eliminate the need for outsourcing. Fossil fuels are slowly being edged out in favor of better, more cost-effective solutions.
Technology & Manufacturing in Iowa
Everything runs on electricity or so it seems. Manufacturing companies need electricity to create, fabricate and bring quality products to consumers. Using the newest technology to capitalize on the benefits renewable energy provides to manufacturers in the production sector is a smart move for any business to make. Companies that support the environment, strive for energy efficiency and create job opportunities establish their reputation as concerned and business-minded forces in the manufacturing industry. KrytonMetals.com is one company that recognizes the benefits that the effective combination of Technology & Manufacturing presents to those who take advantage of it. With state-of-the-art technology, numerous specialists in the field, and a consummate mission to stay ahead of the technology curve, the company emulates what it takes to be successful in a constantly changing industry. The need to remain current and relevant in a world that is racing to conserve and promote longevity is an environmentally-beneficial and business-profitable ideal.
Damaging and energy-sapping “innovations” have whittled away at civilizations’ resources and the atmosphere for centuries, to think there are ways to conserve and protect natural energy resources through advances in Technology & Manufacturing is truly ground-breaking. The application of control science through natural energy containment in chemically altered materials will shake and shape preconceived notions of what energy means for its users. Every time I turn on lights, plug-in an appliances or start-up vehicles, I am expending precious energy. The ability to contain energy in such a way that I can use it, and counter-act the negative effects of pollution is an exciting concept to me. Renewable energy is saving the environment and revolutionizing the manufacturing industry through inventive containment and scientific application.
Just in case you hadn’t heard, we’re in a global economy. That’s not really a shocking headline. The rise of global trade has made it more and more difficult to stay competitive and maintain business growth. In a world where companies can ship their labor demand overseas for one-tenth the cost of labor in the U.S., we have to find ways to make our manufacturing companies ten times more efficient in order to maintain a competitive advantage.
Today’s business must stay adaptable. These five principles will help a company flourish in uncertain times.
We have to be ready to change. Fortunately, it’s a part of what has helped humans survive to this point. We’re the masters of it. We can no longer believe that you can’t teach an old dog new tricks. If the old dog doesn’t learn a few new tricks, the young pup WILL get the bone. Experience has its advantages, and learning new strategies or techniques gives us additional tools, providing that edge we need to outperform our rivals.
This isn’t a superficial quality. Today’s millennials are bringing a very different perspective to their careers. When we started out, the dream might have been to start and finish our working lives with one company. Employees working in today’s economy are comfortable changing jobs about every 4 years.
In addition to other companies, we’re also competing with the freelance economy and lower costs of entry to start businesses. If we are going to hire the best, most talented employees available, we have to offer attractive perks in addition to the regular paycheck.
Innovation isn’t just what we create. It can also be how we create it. If we are going to be ten times more efficient than an overseas labor force, it’s going to require looking at our processes to see where we are wasting effort. If it’s manufacturing, are the parts of the process that aren’t actually doing work? Are there places where we can improve safety and have less loss time?
The same is true about using the automation tools available to us. Today’s digital resources can find correlative events that we might not have considered. Are we looking at a big enough picture to see where these events occur?
From strategy to tactics to operations, all three levels must be working in alignment with each other. It’s one of the areas where we can improve our efficiency, and it’s more than just issuing a company policy and insisting everyone adheres to it. We have to create buy-in from the manufacturing floor up for the alignment to work. That can be one of the most challenging tasks.
We have to have processes in place that allow us to be instantly aware of changes. Changes to the market, supply or demand, changes to our resources, changes to our key personnel. Look at the chain of events and find the pivotal moments. What can we put in place that will set off alarms when those moments are in jeopardy.
Look for trigger moments that will indicate that other things are sure to follow. It goes along with being innovative and looking for correlations. Finding one event that often leads to another can give a company a head start on coming up with a solution.
Business growth in a global and unpredictable world demands more leadership than ever from the C-suite. Keeping some simple principles in mind will help keep business growth on track for continued success.