If you company is involved in a product recall, there are certain federal regulations that must be followed. But in addition to complying with the law, a well-handled recall can help ensure customers trust your company and its products in the future.
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If money were no object, you could keep your plant and warehouse so cool that productivity sizzles during hot weather -- rather than employees. But there may be a cheaper option for your company than simply using air conditioning: roof mist cooling.
The receiving dock is an often-neglected cash leak for manufacturers. Shipment delays, poor labeling and confusing packaging can severely slow production and cut your profitability.
Take a hint from retailers: Set up a standardized vendor compliance program.
The death of a worker at an industrial site, together with an OSHA fine for a serious violation of safety precautions, highlights a critical safety issue your company cannot afford to neglect: Work areas need to be kept dry.
For qualified businesses, the Domestic Production Activities Deduction (DPAD) is one of the most lucrative tax breaks manufacturers can claim today -- having doubled in value in 2007. It increased even more in 2010.
It's a build-to-order manufacturing environment and that means frequent changeovers in your production line. And each time you make changes to produce a new item, you suffer significant downtime.
But there may be ways to shave time off those non-productive periods. These four suggestions have proven to buy manufacturers time:
If you're like most manufacturers, you don't track order-processing. Yet focusing on this performance metric can identify operational inefficiencies that are cost-cutting opportunities. And continued monitoring lets you keep those costs in check and predict future outlays.