Manufacturing companies have been facing an acute skilled worker shortage for the past 10 – 15 years. Despite recessionary pressures, the labor market for people with high-tech manufacturing savvy has been tight. It is a...
To succeed, you have to know what failure looks like. I recently reviewed the data of 27 years of US Manufacturing companies’ failure rates. The data tells a story. 80% of US manufacturing companies have...
I became quite excited about a promising new business model – McKinsey’s power curve, which I came across while researching company growth curves. It was proposed by McKinsey & Company, one of the Big Three...
In a globalized world, payment issues are extremely important especially since the reaches of law are affected by the national boundaries between payer and payee. A frequently asked question by US companies selling in India...
Most people would not come out and say that compressed air is free. After all, nothing is free. Besides that, this topic of compressed air not being free has been discussed at length in trade journals and...
As more and more companies look for alternates to their China sources, we receive many queries about what is the best way to approach a supplier search initiative for India. I thought that it would...
Did you know that “…approximately 85 percent of all business failures occur in firms that are not members of their trade association…”? I had never heard of that statistic until I was doing some research...
The first and most vital step in any sourcing process is identifying potential suppliers. Finding suppliers in low-cost countries, such as India, has become much simpler. As recently as 20 years ago, for finding domestic...
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot,...
