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Overcoming Digital Dread

Posted by Harriet Schneider on Jul 19, 2018 8:00:00 AM

 

Not sure where to start in upgrading your operation? Map out an incremental approach. This article from Industry Week can help you get started.

Smart factories, digitization, and the Internet of Things (IoT) are all hot topics in the manufacturing sector, generating considerable buzz—and some consternation. These disruptive technologies are exciting, yet the complexity can also be overwhelming.

But with a practical, incremental plan of action, including options with minimal disruption and low-risk, even those who have been reluctant to embrace next-generation technology can get started on the journey. 

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Topics: Manufacturing

Creating A Competitive Edge Through Service

Posted by Harriet Schneider on Jul 17, 2018 8:00:00 AM

This is Part 3 in a 3-Part series on facing the competition.

Technology supports enhanced customer centricity.

Value-add programs are more important than ever as tools to overcome increased competition. Empowered by technology, new entrants into the market, as well as established veterans, are putting pressure on manufacturers to examine their mix of product offerings and services. Unless they want to risk commoditization of products or eroding market share, manufacturers must find ways to stand apart from their competitors. Enhancing the customer experience, from order entry to after-market service, is one of the most effective ways to build relationships that are resilient to aggressive competitors.

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Topics: Manufacturing

Is The Competition In Your Rearview Mirror And Gaining Fast?

Posted by Harriet Schneider on Jul 12, 2018 8:00:00 AM

This is Part 2 in a 3-Part series on facing the competition.

How do you fend off competitive threats? 

With threats popping up from emerging players as well as mature contenders , maintaining market share can be difficult. You must be vigilant and ready to respond. Just as technology helps the new contenders step up their game, it also can help you identify early warning signs of eroding market penetration. Fortunately, there are also corresponding tactics you can deploy to boost your competitive edge.

Red ten warning signs the competition is making gains...

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Topics: Manufacturing

Competitive Threats And How To Protect Yourself

Posted by Harriet Schneider on Jul 10, 2018 8:00:00 AM

This is Part 1 in a 3-Part series on facing the competition.

Is it getting hot in here? The pace of change in manufacturing today is staggering. New markets emerge, seemingly, overnight. Micro industries and niche applications can light up the forecasts–then disappear—in a blink, leaving you with shelves of obsolete inventory. Trends come and go. Technology needs to be continually refreshed, and yesterday’s projections are ancient history before you even hit SEND on the report. But, the greatest danger of this break-neck speed of business isn’t in recognizing what’s ahead; It’s seeing who is sneaking up from behind.

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Topics: Manufacturing

Top 10 Cities For Manufacturing Jobs For Women

Posted by Harriet Schneider on Jun 21, 2018 8:00:00 AM

A recent survey by MagnifyMoney ranked the U.S. metro areas according to where the average working woman could have the ability to better or maintain her financial health. We looked at the data from the perspective of how many women were employed in the manufacturing sector. 

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Topics: Manufacturing, Women in Manufacturing

Small Manufacturers Face Challenges; Technology Can Help - Part 2

Posted by Harriet Schneider on Jun 19, 2018 8:00:00 AM

While small, agile businesses may have some distinct advantages over larger competitors, they also face their fair share of challenges. Small Business Week (April 29-May 5) provides an opportunity to spotlight those challenges and what can be done to overcome the obstacles. A wide range of stakeholders rely on the success of small businesses. Small job-shops, fabricators, subcontractors, parts suppliers, engineering firms, and niche manufacturers play important roles in the overall economic stability of the industry. We need small businesses to thrive.

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Topics: Manufacturing, Technology Challenges

Honoring Small Manufacturing Businesses; Celebrating 5 Distinct Advantages - Part 1

Posted by Harriet Schneider on Jun 12, 2018 8:00:00 AM

Small Business Week was in early May and it provided an excellent opportunity to celebrate the high success rate of small businesses in the manufacturing industry, while also offering advice for further growth. In this digital era of fast paced change, small businesses are ideally suited to seize unfolding opportunities. Their nimble nature, ability to make fast decisions, willingness to reinvent business models, and a passion for innovation give small businesses an important competitive advantage.

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Topics: Manufacturing, Technology Challenges

Top 5 Reasons To Migrate to Infor M3

Posted by Harriet Schneider on Mar 29, 2018 1:24:44 PM

This latest release of M3 creates a great option for Infor customers on older ERPs to move to the most powerful
solution for Process Manufacturers. With the flexibility of deploying on-premise, or in the cloud, Infor M3 can meet
the needs of nearly any size process-manufacturing customer. Infor Consulting Services is available to help make
your migration fast and economical, while also assisting you in minimizing or even eliminating any customizations
you may have had in your older solutions. If your current ERP appears to be past its shelf life, now is the time to investigate all that M3 can provide for you.

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Topics: Manufacturing, Infor M3

Trends To Watch As You Modernize And Optimize

Posted by Harriet Schneider on Mar 8, 2018 8:00:00 AM

 

The future looks bright for manufacturing. In the latest Manufacturers’ Outlook Survey from the National Association of Manufacturers (NAM), manufacturers’ optimism has risen substantially; almost 95% of respondents say they are positive about their own company’s outlook. This optimism is reflected in the UK, as well, with the EEF forecasting 1.4% growth in UK manufacturing in 2018.

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Topics: Manufacturing, Process Manufacturing

Global Outlook For Manufacturing Is Optimistic

Posted by Harriet Schneider on Feb 1, 2018 8:00:00 AM

According to a recent blog post by our partner, Infor, manufacturers are expressing optimism for growth in 2018.

A report published by the Leading Edge Alliance paints a rosy picture of the global outlook for manufacturing. Manufacturers’ optimism for the world economy in 2018 is now 59.4%  — almost a 15-point increase over the 2017 outlook. Manufacturers are also optimistic about their national economies (69.3%) and their regional economies (69.3%)

 

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Topics: Manufacturing, Fashion & Retail, Food & Beverage, Distribution, Infor M3, Chemical, Equipment

About ICCG

Welcome to our Blog - ICCG Insights!

Embracing thought leadership as a pathway for growth, represents the true spirit of progressive change that will make a difference in technology-driven industries. As a consulting company, ICCG customers look to us as their value-added resource. They expect us to be proactive about solving their immediate challenges and we don’t take that responsibility lightly. It is this that drives us to share our best practices, knowledge-base, years of experience, and tried and true methodologies. These have been the hallmarks of our corporate brand.

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