Platform-changing machining technology is making manufacturers more cost competitive
Jim McMahon - Leadership - May 26, 2016
Manufacturers in North America must balance a multitude of issues to stay profitable. Increased competition from overseas manufacturing with its access to cheap labor, the reduced availability of qualified workers in the manufacturing trades, and tightening employee and environmental regulatory requirements, are but a few of the key issues challenging the wits of manufacturing executives today. Equally important is the struggle to shift into a new era of production – from high-volume, low-mix work, to an increasing growth of low-volume, high-mix short-run projects coupled with just-in-time ordering – which has placed high demands on all aspects of manufacturing.