Manufacturers Boost Growth by Optimizing Key Performance Indicators

Manufacturers Boost Growth by Optimizing Key Performance Indicators

This guide focuses on manufacturing KPIs and is crafted by seasoned coach Bernie Smith. It aims to help companies build personalized KPI systems, clearly present management information, and continuously optimize improvements, ultimately driving performance growth. Mastering this system is like having a company's 'navigation system,' precisely controlling operational status. Learn how to leverage data analysis for effective performance management within the manufacturing sector, using KPIs as your key indicators for success and continuous improvement.

Dongguan Manufacturers Embrace Digital Shift to Expand Globally

Dongguan Manufacturers Embrace Digital Shift to Expand Globally

Dongguan hosted a salon focusing on the overseas transformation of traditional manufacturing and trade enterprises, emphasizing digital transformation and globalization strategies. Google, TikTok Shop, and Huawei Cloud shared insights on B2B digital transformation pathways, content-driven growth strategies, and technology enablement experiences. The event aimed to help Dongguan manufacturing companies overcome bottlenecks and achieve steady growth in the global market by leveraging digital tools and innovative approaches to expand their reach and competitiveness.

US Services Sector Grows Steadily in September

US Services Sector Grows Steadily in September

The Institute for Supply Management (ISM) reported a Non-Manufacturing Index (NMI) of 58.6 for September. While slightly lower than August, the index remains well above 50, indicating continued expansion in the non-manufacturing sector. This figure is also above the average for the past 12 months, reflecting the resilience of the U.S. economy. The report analyzes sub-indexes such as business activity, new orders, and employment, and highlights the challenges and opportunities facing businesses.

US Service Sector Growth Holds Steady in September ISM

US Service Sector Growth Holds Steady in September ISM

The ISM Non-Manufacturing Index edged down slightly in September but remained in expansion territory, signaling continued robust activity in the non-manufacturing sector. Increased consumer spending, technological innovation, and global economic recovery are key drivers of growth. Businesses should focus on challenges such as labor shortages and supply chain bottlenecks, seize opportunities, and navigate the market to stand out from the competition. The index suggests a generally positive outlook despite some headwinds.

Streamlined LCL Dangerous Goods Shipping to Busan Eases Logistics

Streamlined LCL Dangerous Goods Shipping to Busan Eases Logistics

Offering LCL sea freight export services for Class 9 dangerous goods from Busan. We provide stable shipping schedules, simplified documentation, and can assist with dangerous goods packaging certificates. Flexible warehousing, professional customs clearance, and flexible bill of lading options are available. We help businesses efficiently and conveniently complete their dangerous goods exports. Focus on Busan export, dangerous goods and LCL service.

USMCA Review NEMA Calls for Stricter Enforcement Policy Clarity

USMCA Review NEMA Calls for Stricter Enforcement Policy Clarity

The National Electrical Manufacturers Association (NEMA) urged a swift review and update of the USMCA during a USTR hearing. NEMA aims to strengthen enforcement, enhance policy predictability, and foster a level playing field for the electrical manufacturing industry. The association believes these improvements will contribute to economic prosperity across North America. NEMA emphasized the importance of addressing emerging trade challenges and ensuring the agreement remains relevant and effective in supporting the competitiveness of the electrical manufacturing sector.

Postpandemic Supply Chains Struggle to Balance Safety Stock and Lean Practices

Postpandemic Supply Chains Struggle to Balance Safety Stock and Lean Practices

A Gartner survey reveals a divide among supply chain professionals regarding increasing safety stock versus adhering to lean manufacturing principles. The automotive and high-tech industries lean towards boosting inventory, while sectors like industrial manufacturing show less interest. Companies must strike a balance to build a resilient supply chain, encompassing risk assessment, supply chain visibility, diversified sourcing, digital transformation, and strategic partnerships. This approach allows businesses to navigate disruptions effectively while maintaining operational efficiency and responsiveness to market demands.

Manufacturers Face Digital Transformation Risks and Rewards

Manufacturers Face Digital Transformation Risks and Rewards

An IDC report highlights the imperative of digital transformation in manufacturing. Companies must define clear strategies, increase technology investment, cultivate digital talent, and prioritize security protection and customer experience. Successful transformation will provide a competitive edge, while failure may lead to obsolescence. The report forecasts ten key trends in manufacturing digital transformation, offering valuable insights for businesses navigating this evolving landscape. It emphasizes the need for proactive adoption to remain competitive and relevant in the future market.

US Services Sector Growth Hits Near Oneyear High in February

US Services Sector Growth Hits Near Oneyear High in February

The U.S. ISM Non-Manufacturing NMI index surged to 59.7 in February, a near one-year high, marking the 109th consecutive month of growth. This data, released by the Institute for Supply Management (ISM), signals a robust expansion in U.S. non-manufacturing activity. This positive trend may alleviate concerns about a potential economic slowdown and provide sustained momentum for the overall economy. The significant increase suggests continued strength in the services sector, a key driver of U.S. economic growth.

Qingdao Expo to Boost Northern Chinas Metal Industry

Qingdao Expo to Boost Northern Chinas Metal Industry

The 2026 Qingdao International Metalworking Equipment Exhibition (JM) is a leading manufacturing event in the Bohai Bay region, showcasing cutting-edge metalworking technologies and equipment from around the world. The exhibition will feature six themed zones covering the entire industry chain, including metal cutting, forming, automation, casting and heat treatment, new materials, and functional components. JM focuses on the Northern China market, helping companies expand business opportunities and promote the upgrading of intelligent manufacturing in the region.