by PrismHQ | Nov 7, 2024 | Labor, Technology, Tips and Tricks
In previous articles, we’ve navigated skilled labor shortages and looked at ways manufacturers can do more with their current workforce. Today, we’re looking at the costs and causes of losing workers, and options for retaining skilled labor. After all,... by PrismHQ | Oct 31, 2024 | Labor, Technology, Tips and Tricks
The question of how to increase productivity can be a tough one, especially when there is fierce competition for skilled labor. In the current market, retaining skilled labor is equally essential, especially in the face of increasing labor shortages and rising... by PrismHQ | Oct 25, 2024 | Production Management, Technology, Tips and Tricks
Machine maintenance – it may not always be top of mind, but it should be. In the fast-paced world of manufacturing, everyone is always pushing to do more with less. As turn times shorten and capacity is pushed to the breaking point, machine downtime... by PrismHQ | Oct 18, 2024 | Inventory Management, Technology, Tips and Tricks
Inventory management is critical in manufacturing, directly influencing profitability, cash flow, and operational efficiency – no big surprise there. On the flipside, mismanagement and inventory waste can lead to significant financial losses through excess... by PrismHQ | Oct 11, 2024 | Inventory Management, Production Management, Technology, Tips and Tricks
Growth is always top of mind for any business. It’s no different for manufacturers. Whether looking to expand overall, or increase production with the resources at hand, growth is a key metric in just about all cases. At points in any growing...