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Blog Posts - Page 22
Industry 4.0: Ignore the hyperbole, believe the hype
- By Joe Thompson
- Sep 20, 2018
- Management
- Blog Post
In the late 1800s noted promoter P.T. Barnum used every means at his disposal to get his message across. Advertising, self-promotion, and blatant lying were all part of Barnum’s bag of tricks. So too were misdirection, exaggeration, and bloviation. At the end of the day, it was all about the...
Upgrading to the latest loading dock equipment saves lives
- By Chad Dillavou
- Sep 4, 2018
- Management
- Blog Post
As technology takes new strides every day in 2018, it’s important to consider equipment that isn’t just good for today’s loading dock, but offers upgradeable features to enhance safety in the long term and reduce future costs.
IMTS: Shop, negotiate, socialize
- By Ken Hurwitz
- Aug 20, 2018
- Management
- Blog Post
With the International Manufacturing Technology Show (IMTS) just about upon us, I thought this month it would be relevant to discuss why visiting this show could be a very productive use of time, along with how to get the most out of the experience. IMTS is one of the largest industrial trade shows...
Manufacturers seek new technology, networking at IMTS
- By Canadian Metalworking
- Aug 20, 2018
- Metalworking
- Blog Post
The International Manufacturing Technology Show (IMTS) 2018, Sept. 10-15, takes place once again at Chicago’s McCormick Place.
What makes a skilled-trades worker skilled?
- By Joe Thompson
- Aug 14, 2018
- Management
- Blog Post
A cool spring day in a Hamilton, Ont., courthouse was the setting that brought together skilled tradespeople, labourers, and factory owners who all were there to discuss the ongoing unrest in the local manufacturing scene. The topic, as told by the Hamilton Herald, was the payment for work being...
Raising capital without using a bank
- By Ken Hurwitz
- Jul 23, 2018
- Management
- Blog Post
One of the biggest struggles facing Canadian manufacturers, particularly the successful ones, is managing cash flow. When business is good and the market is active, they have many opportunities for growth, whether it is from existing or new clients. But managing these opportunities can create...
Closing skills gap requires commitment
- By Alisa Coffey
- Jul 16, 2018
- Management
- Blog Post
Capturing information through technology and passing it to new workers can help reduce training time, improve collaboration, and communication and help companies get to market faster.
Choose your leadership wisely
- By Joe Thompson
- Jul 5, 2018
- Management
- Blog Post
In the year 44 BC, the senators of ancient Rome decided they wanted a leadership change and took a stab at making it themselves … literally. On that fateful day in mid-March they got a new boss after putting 23 holes in Julius Caesar. History lesson aside, leadership matters. Especially now. As...
Do you go to work while sick?
- By Mark Borkowski
- Jun 18, 2018
- Management
- Blog Post
How many employees in your company come to work coughing, sneezing, and aching all over every day? Going to work when sick is a persistent problem at more than half of Canadian and U.S. workplaces. It costs U.S. businesses $245 billion a year, according to research conducted by CCH, a Riverwoods,...
Understanding lenders simplifies financial transactions
- By Ken Hurwitz
- Jun 11, 2018
- Management
- Blog Post
Finding financing for a start-up business certainly can be a challenge, and there are many factors that need to be evaluated. It is important to know what lenders look for in a new owner, but it is just as important to understand that there are options beyond traditional financial institutions....
Hey, Canada: It’s time to innovate, educate, automate
- By Joe Thompson
- Jun 7, 2018
- Management
- Blog Post
In May Montreal hosted the Montreal Manufacturing Technology Show (MMTS), a biennial event held at the city’s Place Bonaventure. This show is placed in one of the country’s booming manufacturing regions and attracts a who’s who from the local aerospace industry. In fact, it’s a popular...
Modernizing payments builds a better bottom line
- By Janet Lalonde
- Jun 4, 2018
- Management
- Blog Post
Technology is constantly reshaping the way we live our lives, from advancements in medicine to the latest cellphone applications. One less conspicuous impact on our day-to-day activities is the way we pay and are paid. Organizations that experience a high volume of payments between suppliers,...
Accounting standards change affects leased equipment
- By Ken Hurwitz
- May 30, 2018
- Management
- Blog Post
Major changes in financial reporting have started in recent years, with the most obvious being the continuing adoption of International Financial Reporting Standards (IFRS) worldwide. Many countries have been using IFRS for some years, and more are planning to adopt the standards, which were first...
Manufacturing superclusters can combat industry shortcomings
- By Joe Thompson
- May 11, 2018
- Management
- Blog Post
Coffee is the reason I get out of bed in the morning. Not money or a good work ethic or boredom. Coffee. Each day starts with the same routine: I stumble down the stairs to meet the day, stop for a cup of brain juice, and then, and only then, start working. The problem facing all coffee drinkers,...
Get pre-approved before attending a machine tool show
- By Ken Hurwitz
- Apr 23, 2018
- Management
- Blog Post
Attending a tradeshow can be a valuable use of your time for networking and shopping for new equipment. This year the only formal Canadian machine tool exhibition is the Montreal Manufacturing Technology Show (MMTS), which provides a unique experience to interact with all the major sellers in that...
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