by PrismHQ | Jan 9, 2025 | Industry Challenges, Operational Efficiency, Technology, Tips and Tricks
Increased import tariffs can significantly reshape the landscape of the manufacturing industry. These taxes on imported goods often result in higher costs for raw materials, components, and finished products, which can reduce profit margins and disrupt supply chains.... 
by PrismHQ | Dec 12, 2024 | Operational Efficiency, Technology, Tips and Tricks
In today’s fast-paced global economy, scalability in manufacturing is a cornerstone success. The definition of a scalable process in manufacturing is one that can effectively adapt to increased production demands without a corresponding linear increase in costs. This... 
by PrismHQ | Dec 5, 2024 | Operational Efficiency, Technology, Tips and Tricks
Reducing Manufacturing waste—defined as any resource that does not add value to the final product—is a significant challenge for businesses aiming to enhance efficiency and sustainability. It is also unavoidable to varying degrees. The magic lies in the ability to... 
by PrismHQ | Nov 14, 2024 | Inventory Management, Technology, Tips and Tricks
It seems like everybody is talking about AI right now, but with good reason. Searches for “implementing AI in manufacturing” have seen a steady uptick as companies strive to leverage AI for real-time data insights and automation. For instance, topics like... 
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...