Democracy Dies in Darkness Sections Home Try 1 month for $1 Username Sign In Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Subscribe Account Profile Newsletters & Alerts Gift Subscriptions Contact Us Help Desk Accessibility for screenreader PostEverything Perspective Perspective Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events by Jared Bernstein and Somin Park by Jared Bernstein and Somin Park Email the author May 9 Email the author Follow @econjared About the authors Jared Bernstein, a former chief economist to Vice President Joe Biden, is a senior fellow at the Center on Budget and Policy Priorities and author of 'The Reconnection Agenda: Reuniting Growth and Prosperity'.Somin Park is a fiscal intern at the Center on Budget and Policy Priorities. Workers assemble Ford … [Read more...] about Helping U.S. manufacturers: What works?
Lean manufacturing 5 s
Last Updated Mar 30, 2011 4:10 PM EDT Just-in-time manufacturing has served the global auto industry very well, driving down costs and increasing profits. But as the Japanese earthquake and tsunami have shown, the Achille's Heel of the system is a massive disruptive event. Carmakers and their suppliers could avoid confronting this (they have in the past), on the grounds that the risk is pretty marginal. Or they could look to learn from the supply chain crisis that is currently messing with their business big time. Here are five lessons for automakers in the latest crisis:Move from lean manufacturing to flexible manufacturing. The auto industry, led by the legendary Toyota Production System (TPS), has been captivated by lean for decades. However, when the supply chain gets clobbered, as it has in the past month, the vulnerabilities of lean become apparent. Flexible or "agile" manufacturing basically makes lean smarter by making it more nimble, less dependent on "chains" or more focused … [Read more...] about 5 Things the Auto Industry Can Learn From the Supply-Chain Crisis
JOHN DICKERSON, CBS NEWS: Today on FACE THE NATION: President Donald Trump embarks on his first official tour of Asia, and Congress debates the biggest tax reform plan in a generation. The president kicked off a 12-day, five-country tour in Tokyo, Japan, where he sent this message to North Korea's leader: (BEGIN VIDEO CLIP) DONALD TRUMP, PRESIDENT OF THE UNITED STATES: No one, no dictator, no regime, and no nation should underestimate, ever, American resolve. (END VIDEO CLIP) DICKERSON: Will President Trump pursue a diplomatic approach to the hermit kingdom, or will he echo his previous promise to totally destroy North Korea? We will have the latest news from his travels. And, in Washington, special counsel Robert Mueller brings indictments against members of the Trump campaign team. Are investigators any closer to proving the Trump campaign colluded with the Russians? We will ask Virginia Senator Mark Warner, the top Democrat on the Senate Intelligence Committee. Plus: Republicans … [Read more...] about Face the Nation November 5, 2017 Transcript
There was nothing overtly new about General Electric (NYSE: GE) CEO John Flannery's letter to investors. However, reading between the lines, there are some significant changes coming at GE as Flannery seeks to maximize value for investors. That said, let's take a look at the key takeaways from the letter and what shareholders can make of them.John Flannery continues building the blocks to make General Electric company stock more attractive to investors. Image source: Getty Images.Healthcare, aviation, and energyIt's no secret that Flannery plans to refocus the company on what he considers its core competency, and he wasted no time reiterating his determination: "We are narrowing our long-term focus to three key industries where our impact is greatest: aviation, health, and energy." As such, he plans to exit $20 billion worth of non-core businesses and has "more than 20 dispositions in active discussions."The update on disposal discussions is useful for investors because it indicates GE … [Read more...] about 5 Key Takeaways from General Electric’s Shareholder Letter
Rochester, MN, February 6, 2018 – Domaille Engineering LLC, an Onward Capital and Thompson Street Capital Partners portfolio company, has acquired Tech Manufacturing LLC. Tech Manufacturing is a leading provider of complex 5-axis structural components and sub-assemblies for the Aerospace and Defense markets. “We are thrilled to have Tech Manufacturing join the Domaille family. The resulting combination of talent and resources allows us to deliver a broader solution to our customers, which provides for excellent growth opportunity.” said Tim Kanne, President of Domaille Engineering. The transition of ownership will be seamless for our customers as our combined management team will continue to focus on world class customer service and creative engineering solutions as both companies have been doing for over 25 years. “Onward Capital is extremely pleased to add Tech Manufacturing to the Domaille portfolio. With this combination we will continue to seek … [Read more...] about Domaille Engineering Completes Acquisition of Tech Manufacturing