Increase Lean Manufacturing Improvements through Business Plan Deployment
Most companies may be satisfied with continuing to utilize the lean principles that they have implemented and, through continuous improvement,...
Apr 09 2014,
Companies
Metal Craft Enters New Growth Phase
With the second generation of leadership at the helm, Metal Craft is striving to maintain the family business values it...
Mar 07 2014,
Labor Hours or Machine Hours: Which is Preferable?
A manufacturer that fails to segregate indirect and support costs driven by the operation of equipment from those driven by...
Dec 11 2013,
Lessons in M&A
Mergers and acquisitions require great human and capital resources. Two OEMs share how they completed transactions this year....
Nov 06 2013,
How to Build a Better Supplier Scorecard
Supplier scorecards are intended to be a simple tool to help you evaluate suppliers. These steps provide for an easier...
Nov 06 2013,
Measuring and Assessing the Cost of Manufacturing Cells and Lines
If a company is to understand the benefits that accrue as a result of cellularization, it cannot follow an obsolete,...
Oct 02 2013,
Ten Elements of a Successful Supplier Agreement
Developing an agreement using these steps enables progressive companies to establish dynamic, collaborative and modern business relationships....
Sep 09 2013,
Unique Challenges in Instrument Manufacturing
What challenges are unique to the manufacture of orthopaedic instruments? We ask a supplier for perspective....
Jul 10 2013,
Material Cost vs. Price Plays Important Role in Sensitive Market
Manufacturers often use a 200-year-old, outdated process to arrive at the cost of producing product. Failure to incorporate these 21st...
Jun 07 2013,
Accutek Weighs In on the State of Testing
John McCloy built a nimble testing laboratory in order to handle economic and regulatory changes....
May 08 2013,
Develop Orthopaedic Implants Faster Through Auditing
Do your auditing techniques actually improve product development? These three techniques—one simple, one advanced and one new—will shorten the cycle....
Feb 13 2013,
Purac Acquires Fiberlive Technology from Vivoxid
Purac Biomaterials acquired FiberLive™, Vivoxid’s composite technology comprising resorbable glass fibers and polymers. FiberLive boasts strength reportedly up to 6...
Oct 05 2012,
The Ohio State University, Cleveland Clinic Form Alliance To Focus On Accelerated Commercialization
Cleveland Clinic Innovations and The Ohio State University's Technology Commercialization and Knowledge Transfer Office entered into an alliance to accelerate...
Oct 04 2012,
Is Depreciation Expense a Misleading Illusion?
“Sunk costs are irrelevant" is a principle stated in Shlomo Maital’s book "Executive Economics" and in almost every book on...
Oct 04 2012,
The Dangers of Direct Labor-Based Costing at Orthopaedic Device Manufacturers
As we begin the second decade of the 21st Century – over a quarter-century into the “cost measurement and management...
Jun 08 2012,