Category: manufacturing

Small business employers who have used OSHA’s On-Site Consultation Program services and operate an exemplary safety and health programs.

Guide to Reducing Downtime in Manufacturing

Downtime is a serious threat to any manufacturing business. A total of 82% of manufacturing companies have experienced unplanned downtime over the past three years, which can cost a company as much as $260,000 an hour. When unplanned downtime occurs, no value is being produced but the cost of overhead operations continues to grow, which directly impacts your bottom line. Downtime can happen for several reasons. Reducing the amount of time that production idles is crucial to increasing efficiency and improving your overall revenue margins. Let’s take a closer look at the main causes of unplanned downtime and how to overcome them. Machine Failure The most common cause of unplanned downtime is a breakdown, malfunction, or total [...]

Challenges Facing the Aerospace & Defense Industry

The aerospace and defense (A&D) industry reported an 8% decrease in revenue since 2019 and a 61% decrease in operating profit, primarily due to the impacts of the pandemic. A&D has virtually always been on the forefront of product innovation. However, increasing cost challenges and new market dynamics are dramatically changing the way companies serve their customers, collaborate with partners, and take ideas and solutions to market. Let’s take a closer look at some of the major challenges the A&D industry is facing, and how to overcome them. Free Download: Five Techniques to Reduce Aerospace Project Costs Increasing Profitability and Reducing Cost Pressures The rise in the costs of various raw materials is driving down the industry's [...]

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