Industry 4.0 is already here. Are manufacturers ready?

Since the invention of the wheel, technology has driven industrial progress. Today’s advances give manufacturers an array of options to produce high quality, consistent products faster, more efficiently and, ultimately, for less cost. So how do manufacturers transition to new technologies while remaining profitable? And what impact is technology having on the workforce? Our Manufacturing Council presented some answers at its July meeting.

What Area Manufacturers Need to Know About State and Local Economic Development Incentives

There are many different economic incentives available to help area manufacturers expand and strengthen their business. From tax abatements to economic development grants, local and state agencies offer these incentives to promote job creation and economic growth in our communities. Incentives can often mean the difference between a company starting a project or shelving it.

Technology Trends in Manufacturing

Business applications seem to be evolving at a blistering pace. Things like Artificial Intelligence (AI), Blockchain, Internet of Things (IoT), Cloud Computing and Predictive Analytics are discussed often when the topic of “Technology in Manufacturing” comes up. Enterprise Resource Planning (ERP) software sits at the center of manufacturing business applications and is also a hot topic.  Since most manufacturers only replace their ERP software every 8-15 years this typically means that the process of selecting the perfect software can be a daunting task.