Some businesses are able to implement automation. Others are emphasizing staff retention and professional development.

Labor productivity grew at a rate of 1.2% in the fourth quarter of 2024. Growth was 2.3% in the third quarter, revised data ...

Implementing these strategies can greatly reduce the required number of setups, boosting efficiency and throughput while ...

Automation is the backbone of modern manufacturing in today’s competitive industrial world. Businesses will look for ways to ...

Maintaining productivity is a challenge for manufacturing leaders, and it takes a thoughtful and balanced approach to manage ...

SETU Waterford has been awarded €1.9 million for a microscale manufacturing lab, a local TD has announced. This funding comes under the latest round of the Capital Equipment Call, administered by ...

FourJaw’s analysis, which also draws on OECD workforce data, reveals this equated to $109,000 of added value for each of the UK’s 2.6 million manufacturing workers in 2023. This figure was 15 per cent ...

For manufacturing, it means improving first-pass quality, productivity and efficiency. It means reducing costs, improving efficiencies, building new capabilities and delivering results for customers.

Yet the reality is most manufacturers are relatively early in the process of developing their digital agenda. One factor contributing to this is how manufacturing productivity, the metric associated ...

Dr. Ned Hill encouraged manufacturers to prioritize productivity and use AI to their advantage at the economic forecast ...

A typical woman-owned informal manufacturing unit is about half the size of one owned by a man. The GVA or gross value added per worker is about one-third, indicating productivity loss.

While most sectors of the economy grew, such as construction and services including retail and hospitality, production slumped by 0.4 per cent, led by a fall in manufacturing, according to the ...