Scheduling hourly employees to work more than 40 hours a week can help overcome seasonal peaks in production or bridge a temporary labor shortage. But excessive overtime should be the exception, rather than the norm, in a healthy, productive manufacturing business.
In the News
Thursday, September 12, 2019
If you're like most manufacturers, you don't track order-processing. Yet focusing on this performance metric can identify operational inefficiencies that are cost-cutting opportunities. And continued monitoring lets you keep those costs in check and predict future outlays.
Thursday, August 29, 2019
If you think social media is just for teenagers, think again. More than half of those logging on to social media sites are in their mid-thirties or older.
Thursday, August 15, 2019
With technology at the forefront of modern communication, more and more people are turning to the Internet to stay abreast of the latest news and information. Likewise, many of today's consumers use the Internet to find the best prices and to conduct research when they're planning their next purchase.
Thursday, August 1, 2019
High gas costs translate into high shipping costs, but manufacturers needn't passively accept this. Those companies that learn how less-than-truckload (LTL) carriers classify freight can modify their shipping processes to lower shipping costs. That requires research into the complex, ever-changing freight classification rules set forth by the National Motor Freight Traffic Association, an organization that most LTL carriers belong to.
Thursday, July 18, 2019
Lost sales are among the most important financial data a company needs to track.
Wednesday, July 3, 2019
Using sophisticated inventory management software is supposed to solve the problem of inaccurate counts, but that's not always the case. Delays in order fulfillment and angry customers are inevitable if your warehouse is plagued by erroneous inventory counts.
Thursday, June 20, 2019
One of the most nerve-wracking experiences in a manufacturing executive's career is when an Occupational Health and Safety Administration (OSHA) inspector shows up at the door and says something like: "We received a complaint and we'd like to take a look around."
Thursday, June 6, 2019
No matter how careful your manufacturing company is, accidents and injuries can still happen. When they do, responding properly is an important factor in keeping your Workers' Compensation insurance costs under control. Here are six steps to take in the event an injury occurs:
Friday, May 24, 2019
American law has long granted trademark protection to the shapes of products and containers. Perhaps the most famous example is the instantly recognizable Coca-Cola bottle, which is almost as important a trademark as the soft drink company's stylized name logo. (Trademark protection for the product shapes and containers should not be confused with the safeguards afforded by design patents).