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Home : Leadership & Strategy : Best Practices

Best Practices

Learning from the best is the quickest way to results. In this section IW profiles companies who hit upon winning formulas.
Five Ways to Stretch Equipment Budgets in Tough Times
By taking a more active role in maintaining and maximizing capital equipment, companies can extend the lifetime of the hardware by years.

At a time when manufacturers are facing thinner and thinner margins, there's less room to invest in new capital equipment. This doesn't necessarily have to hinder companies, says Eddie Silverberg, CEO of Flexible Assembly Systems, a supplier of torque tools and equipment.

By taking a more active role in maintaining and maximizing capital equipment, companies can extend the lifetime of the hardware by years.

Here are five ways Silverberg says manufacturers can succeed in this, even on modest budgets:

Click to continue.

Best Practices Articles & News
High-Tech Manufacturer Builds MES -- Driving Quality and Yield Improvements

MES-based program provides tip-to-stern, supply-chain integration resulting in materials and productivity savings

Excellence in Action Tours: Best Practices on Display

Photo highlights from two IW Excellence in Action plant tours

Improve Your Innovation Pipeline

External collaboration and improved portfolio management are among the strategies for success.

More Than Window Dressing, Sustainability Can Drive Corporate Growth

Executives stress importance of sustainability initiatives in their business strategy, study findings show.

Italian Packaging Machinery Industry Proves Resilient

As economy lulls and market evolves, some have found success on new frontiers

Grant Money Available to Wisconsin Manufacturers

Funds can be used for lean implementations and product-development processes

Supply-Chain Labor and Human Rights Policies

In a recent survey 45% of the 657 largest companies reported adopted a supply-chain LHR policy.

High Quality Patents -- The Objective Analysis

As we strive for the high quality of patents sought by President Obama's Strategy for American Innovation, we should thus strive equally to avoid subjective judgments of what does or does not qualify as a patent-worthy invention.

Staying Ahead of the Aging Field Service Work Force

Most manufacturers recognize knowledge transfer as an issue, yet fail to act on it -- especially when it comes to field service.

Best Practices in Communication

In tumultuous times, highly effective internal communications programs help engage and retain top talent.