As American productivity has reached a plateau, mid-market companies may have a unique opportunity to use their medium size and innovative cultures to lead the way in productivity gains.
Based on recent OSHA data, severe workplace injuries happen every day, but a new OSHA study projects that more than 50% of severe work-related injuries in 2015 went unreported. In an effort to increase reporting and thereby reduce accidents, OSHA has issued new guidelines and a 400% increase in the maximum fine for failing to report work-related severe injuries.
Don Rongione, CEO of Bollman Hat Co. in Adamstown, Pennsylvania, had a unique ally in his effort to shift hat production from China to Pennsylvania—famed actor Samuel L. Jackson, who, along with other Hollywood stars, was a fan of the company’s Kangol 504 woolen knit cap.
With supply chain risk changing daily, business leaders should keep on top of where their presence—and their risk—is the strongest, and determine where changes should be made.
East Hampton, New York, located on the southern tip of Long Island, is a two- to three-hour drive to the New York-area airports. That didn’t deter Andrew Sabin, chairman of Sabin Metal Corporation, the largest privately owned precious-metal refiner and recycler in the U.S., from establishing the head office of his 70-year old company in this small village. “I came out here as a quality of life decision,” says Sabin.
Longer lines, overbooked flights and rampant delays are increasingly making private aviation an economical alternative to commercial air travel.
Supply chain management has emerged as a crucial component of operations management.
The Reshoring Initiative estimates that over the past five years, more than 100,000 factory jobs have returned from overseas. It's a drop in the bucket compared to the millions of manufacturing jobs that have been lost over the years, but experts say the tide is starting to turn.
For over 40 years, ICC Logistics in Hicksville, NY has been helping shippers lower their freight bills and more. “Transportation and logistics costs are not fixed costs, they are variable,” observes Tony Nuzio, CEO and company founder. To help you vary your costs downward, Nuzio shares 7 tactics that have worked consistently for his clients.