Economic incentives aren’t the answer; cultivating a vibrant local supplier base is. The typical intent of governmental economic development is to increase the number of manufacturing jobs and boost the positive economic contribution of manufacturing at either the state or federal level, or both. Such efforts...
Grant Thornton industry lens on: Global instability To keep business flowing, manufacturers need to manage a complex network of inputs and outputs. But it’s hard to know how to manage global instability. Many manufacturers are still struggling with ongoing pandemic impacts, and global instability introduces more complications....
Why have we created a cost engineering certification? Well, most industries have established and well-communicated standards for what it means to be an expert in the field. The ability to quickly communicate knowledge and skillsets is necessary for anyone in a professional environment to prove that...
Key Points:The world's largest contract chipmaker, TSMC, has committed to investing $100 billion over three years to ramp up production. Rival Intel announced last March that it plans to spend $20 billion on two new chip plants in Arizona.In the short term, semiconductor analyst Peter...
In the classroom, activity-based costing looks like a great way to manage a company’s limited resources. ...