by Don Lindsey Manufacturers face growing challenges in today’s global market as governments use tariffs to protect domestic industries and influence trade. These tariffs increase input costs, disrupt supply chains, and reduce profit margins, thereby complicating planning and logistics for businesses that source globally. Understanding tariff types and proactively managing risks is crucial for resilience […]
by Don Lindsey Hiring, educating, and maintaining qualified employees to manage the challenges of tariffs on your business is an increasingly important activity. New hire talents and traits need to be measured and evaluated to allow for the selection of top candidates for this crucial organizational position. Here’s a look at some considerations when hiring […]
by Don Lindsey Tariffs are one of the most frequently used tools in international trade policy, shaping the flow of goods and services across borders. By imposing charges or regulations on imports and exports, governments can influence domestic markets, protect local industries, and manage economic relationships with other nations. While the concept of a tariff […]
What’s the Difference and What Needs to be Considered? by Don Lindsey In 2016, while at a major life sciences company in San Diego, we began a pivotal transition, migrating from our legacy Discrete Work Orders environment in QAD’s 2009 EE version to the newly introduced Production Orders module in 2016 EE. This shift, now […]
by Alex Kim Recently, our friend Khoa To shared a paper with us titled Leading in the Recessive Values Era: Why Clarity, Coherence, and Trust Now Matter More Than Speed. In it, Khoa offers a timely and incisive perspective on leadership in this evolving technological world where speed is the measure. Khoa argues that the […]
Are you a manufacturing professional looking to improve your skills and stay ahead of the curve? Then look no further than the 32 Soft YouTube channel! This channel is a goldmine of informative content, offering insights, software demonstrations, and discussions on a wide range of topics, including the supply chain, production planning, inventory management, finance, […]
by Alex Kim The 2024 election of Donald Trump marks a new chapter for U.S. manufacturers, as his policies are set to reshape the economic and industrial landscape. With a mix of challenges and opportunities, manufacturers must adapt to thrive in this evolving environment. Here’s a look at what lies ahead. Challenges Tariffs and […]
by Olena Stepovyk Accurate cost rollups are essential for any manufacturer to maintain financial health and competitive pricing. Yet, achieving precision in cost rollups is often fraught with challenges that can undermine the effectiveness of your cost management strategy. Understanding these challenges is crucial if you want to optimize your cost rollup processes and ensure […]
by Don Lindsey Those of us who manage production and supply chain processes spend a lot of ERP system time thinking about numbers, items, run time, capacity, and schedules. However, understanding and managing costs is essential when communicating with other managers and supervisors, specifically financial and senior management. We must translate operating processes into a […]
