February, 2020 Archive
Creating a Smart Factory to the Power of Four
The digital revolution has been looming over the manufacturing industry for many years. In fact, Industry 4.0 began in 2011, promising to deliver a more responsive, adaptive and connected manufacturing line, from the Internet of Things to Artificial Intelligence. Manufacturers have always been content with a “satisfactory status quo”, a major problem companies are confronted with, however, is high capital investments and thin profit margins, making cheaper offshore labor more appealing.
How to recruit the ‘perfect employee’
Recruiting the correct people goes hand in hand with running a successful business. Hiring the wrong employee is expensive, costly to your work environment, and time-consuming. On the other hand, hiring the correct employee, pays you back in employee productivity, a successful employment relationship, and a positive impact on your work environment. Here are five factors to consider when recruiting for a new position:
Coronavirus: The first global health emergency
Last year the world was burdened by tariffs as the US and China played tit-for-tat, both sides increasing import tariffs on hundreds of billions of dollars’ worth of goods. Now, the coronavirus is said to “sideswipe the global economy”, the virus, which has killed more than 500 people and sickened thousands, is taking a heavy toll on China’s economy.