Renewable energy sources will soon replace fossil fuels in many European countries. China continues to invest heavily in solar, wind and hydro power. By Ketan Deshpande, Maple Grove, Minnesota, MN
Manufacturing companies need to ensure sustainable growth and profitability in today's global and competitive economy. Cost management is the primary reason for out sourcing jobs to "low cost" countries however increasing amount of automation is also changing the dynamic ..... read on
Life after Brexit is shaping up to be a challenging time for the U.K. There are many indicators that are worrying the economists and here are some recent developments. Prices rise, pound falls and political uncertainties continue.......
Strategic leaders spend a lot of time and efforts on developing robust strategic plans, vision, road maps and initiatives, and they should spend just as much time if not more on the "people" to ensure that execution per the vision is realized. Industry experts state that no matter how difficult the strategic planning is, execution can be 10 times harder however typically it is the flawlessness of the execution that separates the winners from the losers.
A mobile phone manufacturer that already utilizes automated production lines, Changying Precision Technology Company in China. The manufacturing facility employed 650 employees, company has embarked on the "Robot Revolution" and now employs just 60 employees, robots performing the tasks of rest of the human workers. Company states that full implementation will result in the entire operation being supported by no more than 20 employees.