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Most Recent Articles

Developing New Manufacturing Products to be the Next Big Thing

Many small manufacturers get their start innovating around a single hit product but building on early success is often the hardest thing for a business to do. As Robert Glazer explains, “When you bet your company's future on just one product's explosive success, that doesn't automatically translate to long-term growth.”

The most successful manufacturers understand that resting on success can kill even the most popular businesses. A commitment to ongoing product development is the best way to ensure future relevancy. Developing additional products that align with a current area of expertise is crucial to building the brand and driving growth.

Topics: Planning Manufacturing New Products

The Hidden Costs of Reverse Logistics

While logistics is typically forward-facing, focusing on the details and costs associated with getting items produced and delivered to end users, reverse logistics is concerned with the analysis of products going in the opposite direction.

Moving items backwards in the supply chain is how companies recoup value from products that are not useful in their current state or location, making reverse logistics just as important for effective supply chain management.

Topics: MotionMeter Cost Reduction Supply Chain