Study: Resurgence in American manufacturing on the horizon

While this blog has spoken several times about the importance of the opportunities American manufacturing represents, there's more information to justify the opinion that the tide is turning back in the favor of an increase in domestic production. Since the transition can be a slow and difficult one, a universally appreciated ERP software system might make even an international restructuring significantly simpler. 

The Boston Consulting Group has reported that current patterns observed in certain important business factors like labor quality and production are driving a possible long-term change in the way businesses are conducting manufacturing.

A release made in regards to this study described how an apparent majority of major manufacturers are interested in moving stateside, especially within the next seven years, as a previous study estimated. But more than 20 percent are interested in doing this sooner.

The release quoted BCG affiliate Michael Zinser as expressing optimism over this change. "The wide range of reasons executives cite for shifting production shows that companies are becoming more sophisticated in their understanding of all the factors that must be considered when deciding where to manufacture," he said.

And it's not just the larger examples of business that are displaying a growing sense of interest in the U.S. A recent NBC story looked at the smaller manufacturing efforts happening within this country, particularly in regards to the fashion industry.

This would seem to suggest a growing, general sense that it might be better to start turning your attention to the homefront. If Indiana chooses to be your ideal place to "set up shop," as it were, a local provider of business management software solutions could help you get started.

Electrics manufacturer will open new plant

No matter how specific or varied the scope of your business is, opening a new facility is a big step, and the further you plan ahead, the more you might need business management software to make the most strategic use of your equipment and space. According to the Fort Wayne Business Journal, electrical supply company Breyden Products Inc. is planning on opening a new location in the Whitley County area.

The plan is to both take on more workers and a larger space, and as the company's co-owner Mike Zuber said, this seems to stem especially from the connection that the company has to the business community within the state, which he calls "a wonderful place to have a business." Breyden already maintains one building, its main office, in Columbia City.

"Our economic development groups here in Whitley County and with the state are true partners and constantly look for ways for us to save money, help grow our business and ultimately hire more employees," Zuber said in a release. "We value our relationship with them."

The expansion into the new facility will cost more than $2 million, but the company has also secured grants and tax credits from the Indiana Economic Development Corporation.

Especially when the inventory of a company is varied and appeals to a large range of different buyers, it's critical for all assets to be properly tracked through the best quality of software for manufacturing. Businesses in this industry should seek out these kinds of services to help in the evolution of the process.

A booming time for auto production?

Of the different types of manufacturing that Indiana has a hand in, auto production is a well-known sector with a lot of attention on it, perhaps unsurprisingly. A recent International Business Times piece, however, has noted that in general, the automotive industry is doing better in manufacturing than the worldwide average.

Coordinating sophisticated systems of production can be made easier with project management software, and the greater context of a certain trend can also be measured up against the more immediate reality for that business. According to the article, the auto manufacturers generally placed more than five percent higher than the general level of output. The information is drawn from the nearly 30 countries surveyed in Markit's recent Purchasing Managers Index.

This could perhaps play into the strategies of companies currently situated in or looking to better develop their facilities in this region. Another article on Manufacturing.net from earlier this month identified the auto manufacturing as one of its main contributors to the $74 billion of combined output the state sees every year. It also quotes from the recent National Association of Manufacturer's study that determined Indiana's output to make up more than a quarter of the state's total product, second only to Oregon nationwide (and only 2 percent behind). 

For software business solutions that are both local and best suited to the pace at which your business is growing, Accent can provide companies key insights into the ways that expansion can proceed, and the tools to sustain that kind of energy as it does so.  

Considering age differences in relation to productivity

One of the major, undeniable buzzwords flying around business communities is the "Millennial." Every sector of business is learning to accommodate themselves to the younger generation, born in the late eighties and consistently inundated with technology, in order to maximize their potential. For such an "always on" population, the appeal of easy-to-use, efficient manufacturing software systems seems obvious enough.

But this industry also represents challenges when it comes to younger workers, as a recent piece in Salon suggests.

The author of the piece, Lisa Alexander, expresses her feelings that today's 20-somethings simply aren't as interested in manufacturing positions, despite the potential for job growth. She argues that there's a fundamental clash between what these jobs represent and what younger professionals want.

"The jobs require skill, some the ability to troubleshoot and problem solve, but they don't offer variety and things can get, well, monotonous," she writes. "And for the generation that thrives on constant change this could be a problem."

So, how does a manager in these industries get around this need? A different opinion piece from Logistics Viewpoints might have the answer: keep operations running smoothly.

In that post, author Dan Dershen talks about the habits of Millennial as virtues rather than handicaps, identifying factors like the inherent drive to see different departments working together or getting information quickly as good things that could lead to better performance.

Thus, the most highly functioning manufacturing software can help make your company fit in more comfortably with the passions of younger members of your company. This isn't an insignificant part of your strategy and could play a key role in the way you plan for the future.

Manufacturing businesses may not get counted as such

Are you looking to start manufacturing operations in Indiana? It might help to understand something about the way that the industry operates before you expand into this direction. For example, it may be more helpful for business heads to remember that there is room for some statistics to be underreported or misrepresented.

A Washington Post article discusses the role that "factory-less goods producers" may play in the greater scheme of manufacturing. The piece cites a recent study arguing that as many as 1.9 million manufacturing jobs could have been opened up in 2007 alone if the government re-framed its definition of the industry to include non-traditional newer approaches. Could this be a boon to all manufacturers?

A report released by the U.S. Bureau of Labor Statistics earlier this summer looked at the different qualities that may or may not distinguish these different kinds of business models from each other. According to this paper, changing our perception to include these companies within the umbrella of "manufacturing" could have a net effect on American business revenue.

"Over the past two decades, vast improvements in technology, communications, and transportation have allowed firms to share intellectual property and closely control all steps of the transformation process without directly performing any of the transformation steps," the authors of the report state.

Whatever the setup of a particular business, manufacturing software solutions may be necessary to successfully track the progression of a type of company and the greater industry that they exist as a part of. Understanding the changing face of a certain business might also allow for new opportunities to open up. 

Near future will be the time to expand in manufacturing, report says

It's important for those in business to pay attention to the relevant research surrounding their field, as the media can sometimes blow certain statistics out of proportion. A recent press release from The Boston Consulting Group has investigated the state of the manufacturing industry in the United States and presented the data that we are in a prime place for companies to begin acting to improve performance in this area.

The release heralds a new report out by the group that presents a number of facts surrounding recent manufacturing efforts. One of its major points seems to be arguing against the idea that there is a "skills gap" when it comes to manufacturers in this country. As it shows, this holds only for certain regions, Indiana apparently not being one of them, and losses in terms of labor in this area overall are minimal.

However, the report did also assert that companies would have to take steps to ensure that manufacturing stays strong. Integrating business management software solutions might be a way to better sort out disparities within a business and direct resources to where they are most needed.

"Is the U.S. really facing a manufacturing-skills crisis?" the report says. "We believe such fears are overblown—at least for the near term. Our research finds little evidence of a meaningful and persistent skills gap in most parts of the U.S., including in its most important manufacturing zones."

Paying attention to these patterns can be a key part of proper planning for manufacturing enterprises, and with the right manufacturing software installed, the way forward could be made even clearer. 

Report: Indiana manufacturing results in fewer deaths in 2012 than ever

Another reason to consider Indiana for expanding and developing a manufacturing business comes in the way that labor forces are treated in the area. Safety should be a high priority for all manufacturing facilities, and one study from the Indiana Department of Labor (IDL) has some good news for businesses looking for states with favorable conditions.

In its Census of Fatal Occupational Industries, the IDL shows that the state has seen its lowest amount of recorded workplace deaths since 1992, as part of an overall dip in this trend that's been seen since 2008. The cases of these deaths were broken down into different categories for each industry, and the fatalities in almost every one was down from their numbers recorded in the previous year, with transportation accounting for half.

Manufacturing fatalities were down by more than 28 percent, making it, as the Times of Northwest Indiana points out, the area that has seen the highest drop. Equipped with the right business software solutions for location management, manufacturing business professionals can use this information to make better decisions to improve these statistics even more. For example, they can put a focus on business transportation and use resource planning to make sure the changes are accomplished in full.

Employing manufacturing software systems can help enforce not just the prevention of accidents on the floor of the plant, but also general standards of safety and efficiency. Take advantage of the things that make this state stand out in its field by seeking the things that other locations might not be able to guarantee.        

Walmart event forum for spurring on U.S. manufacturing

Major American companies drawing attention to the importance of driving up U.S. business can be a possible factor in its expansion. Any business planning that level of development may require the use of manufacturing business software to chart the moves that make the most sense for them. 

Bloomberg has reported that Bill Simon, the CEO of Walmart, is behind a combined effort to increase the amount of manufacturing job opportunities in this country, which he revealed at a recent company event. With manufacturing on the rise in general in this country, putting the weight of a significant corporate player behind growth in this area might intertwine with a more general desire to make this a priority.

Despite its staunch stance on wages for its workers, the company has been expressing its desire to support this initiative to not only free up jobs but invest in American business.

"We want to move forward and seize the opportunity to bring jobs back," the CEO said. "We can't become solely a service economy. We need to make things in America."

Along similar lines, the conference, known as the U.S. Manufacturing Summit,  also reportedly saw other high-profile companies like GE pledge to open up new jobs in the same vein.

It's a sign that, whatever you may think of these companies, people in high positions of power are at least considering the serious ramifications of America's economic future. Indiana is a place that puts itself in a prime position for development, and businesses thinking of dedicating their own resources to greater improvement of the manufacturing environment. 

Study: Manufacturing major economic factor for Indiana

Businesses that are making the preparations necessary for them to build manufacturing plants are well-served by performing the necessary research regarding supplies, cost and location. Obtaining software for manufacturing can go hand-in-hand with knowledge about what makes your development plan the best, and Indiana is full of advantages for your strategy to consider. So says recent information from 24/7 Wall Street, which recently classified Indiana as having the highest level of local manufacturing. 

Using the most current information at its disposal, the site ranked the top states in the country based on how important manufacturing is to them, as well as other contributing economic factors. Although it had a higher unemployment rate than some of the other subjects, Indiana placed highest in the two other contributing categories, and reported a total "manufacturing output" in excess of $84 billion last year.

In addition to that, manufacturing was said to take up more than 28 percent of the state's total economy, especially in regards to the automotive industry. The authors of this report mentioned that it has vaulted since 2010.

"Some of this growth came from companies like Honda expanding their factories and adding thousands of jobs, which made headlines in 2011," they wrote. "Developments like these are critical for the economy of the state, which depends on manufacturing more than anywhere else in the nation."

To successfully take advantage of conditions favorable to your industry, your company can both arm itself with the right inventory management system to fit your needs and find a local economy that will be favorable.

Study: manufacturing at high point

Any positive trends in the broader context of the industry is always worth taking note of, and businesses that employ manufacturing software to better facilitate their operations received a bit of good news today: manufacturing is on the rise. 

According to a recent Bloomberg BusinessWeek report, unemployment insurance requests are down the lowest they've been in over four years, and the amount of factory work shot up well above the predictions of specialists, with employment rates also looking promising.

The information specifically comes from data gathered by the Institute for Supply Management. Each month, it releases its statement on how manufacturing fared based on performance from the month previous, and the most recent data shows the factory index level to be above 55, the highest its been all year. In addition, Bloomberg noted that the overall unemployment rate dropped by .1 percent.

The article quoted an economist named Ted Wieseman as identifying the current economic period as one of recovery with more possible growth on the way.

"The uncertainty about the economy has diminished, and that is starting to be seen as businesses pick up hiring and pick up investment plans," he said. "We are still going to have the lingering effects of sequestration in the third quarter, but the steady healing in private-sector demand is becoming more pronounced."

With conditions potentially prime for expansion and further development, it falls to your business to ensure that you have the tools in place to secure high performance, including software for manufacturing. Having it installed and in place can make the later cultivation of your production easier for all involved.