International research identifies challenges to widespread adoption of sustainable packaging
International research into sustainable packaging carried out by global packaging, product, and material test and inspection company Industrial Physics has found that almost half of the 255 global packaging professionals (49%) surveyed said meeting testing standards was one the biggest challenges they faced in wider adoption of sustainable packaging materials. The research goes on to reveal that almost three-quarters of those surveyed...
Happy St. Patricks Day from Combilift
Preview YouTube video St Patrick’s Day 2022 with Combilift ☘☘☘
Targeting everything targets nothing
When looking for growth, most leaders don’t want to leave any stone unturned. Where can we find new customers? Maybe this segment or that segment? Why not both? The problem is, the broader the net, the more diluted the message. No matter how hard you try, you can’t be everything to everyone. If you try, you lose distinctiveness and differentiation – a key competitive advantage. For example, take a simple product,...
Manufacturers cutting freight costs amid rising rates
Partnering with a 3PL can help manufacturers save an extra 10 to 18% off already discounted truckload and LTL freight costs For companies looking for relief from high shipping costs and market volatility, a professional, third-party logistics (3PL) provider can save an extra 10 to 18% off truckload and LTL freight costs if they routinely make multiple shipments to multiple locations and work with numerous freight carriers. For every...
Realistic expectation of artificial intelligence, four things you should know
While we are still a few decades out from seeing most businesses and industries use artificial intelligence (AI) in their operations, there is certainly greater adoption than there has been in years past. According to a top IT training company, 2021 saw a sharp uptick in respondents for their annual AI Adoption in the Enterprise survey, (nearly three times than the previous year), as well as 61% of respondents showing that they are...
137 New Planned Manufacturing Industrial Projects Identified – Report for January 2022
SalesLeads has announced the January 2022 results for the newly planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms 137 new projects in the Industrial Manufacturing sector. The following are selected...
Overwhelming it is
I have been working my butt off. Closing out 2021. Planning for 2022. Working on M&A deals. Explaining how 2022 is expected to turn out in terms of current bank covenants in place. Not fun, like it used to be. My biggest pain, however, is planning for a presentation to a group of construction equipment dealers. Having limited time on the program I am having a challenging time deciding what is important and in what order, based on...