Rising Turnover Costs in Manufacturing: Mitigation Through Automation

Employee turnover can be expensive. In fact, Josh Bersin of Deloitte believes the cost of losing an employee can range from tens of thousands of dollars to 1.5–2.0x the employee’s annual salary. These costs include hiring, onboarding, training, ramp time to peak productivity, the loss of engagement from others due to high turnover, and higher business … Continue reading Rising Turnover Costs in Manufacturing: Mitigation Through Automation

Advertisements

Shrink and Stretch Wrapping: Differences and Applications

"Go ahead and shrink wrap that pallet", my boss said before he walked out of the warehouse. I leaped into action only to waste 15 minutes searching for a shrink wrapper in the warehouse. There wasn't one. As my boss returned, he said to me in an annoyed voice, "Ok, what was confusing about shrink … Continue reading Shrink and Stretch Wrapping: Differences and Applications

Why 2013 is the Best Time to Purchase New and Used Equipment

As we approach the end of the 2013 calendar year, many companies begin looking at their current equipment situation to determine if a new or used piece of equipment is needed. Fortunately for these companies, the Section 179 Deduction for 2013 exists. What is it? The Section 179 Deduction is a 154 page bill better … Continue reading Why 2013 is the Best Time to Purchase New and Used Equipment