Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Suzanne is a content marketer, writer, and fact-checker. She holds a ...
AUSTIN, TX--(Marketwired - May 28, 2014) - It's been said: "you can't manage what you can't measure," and now new research reveals that manufacturers with the right software tools in place to track ...
Absorbed costs and full costs are two separate financial metrics utilized by businesses to determine different corporate costs. Absorbed cost, also commonly known as absorption cost, is a method for ...
Last week, after ThomasNet's R.P. Siegel quoted an LNS Research blog post in his article, "Is OEE An Effective Metric for Assessing Industrial Production?" we decided to ask our followers on Twitter ...
Since the first industrial revolution, improving productivity has been a major goal for most manufacturing operations. Today, in the middle of the fourth industrial revolution, that hasn’t changed.
The speed of money – how fast profits are generated by investments – is of prime importance to investors. Making money faster from the capital tied up in a business has always been the name of the ...
Bottom Line: Analytics expertise is a crucial driver enabling smart factories’ growth, with ten key metrics essential for keeping the next generation of smart manufacturing centers on track. 43% of ...
Overall equipment effectiveness (OEE) continues to gain in popularity as manufacturers seek to quantify plant, manufacturing line, and machine-level performance and find ways each area can be improved ...