We often tell people that failed projects are embraced by the SRED program, and sometimes it can be a little hard to understand exactly why. I mean, isn’t the program meant to promote innovation, and to encourage technological development? If… Read more »
10 Quick Tips to Improving Manufacturing Productivity
Productivity is a constant issue in today’s society. With the technological advances of past years, the demand for increased productivity has become very great. Improve your productivity can be simple, by following these ten quick tips. Track your productivity, and… Read more »
Continuous Improvement in Manufacturing
We’ve spoken a bit about continuous improvement on our blog, but we haven’t yet talked about WHY exactly it is important for manufacturers, and how exactly you can apply it to your business. As a brief reminder, continuous improvement is… Read more »
Aerospace Sector Soars Above Economic Turmoil
The aerospace and defense industry is one of the few sectors in manufacturing that is currently not only surviving but thriving amid the recession, despite the grim predictions for job losses and bankruptcies among other Canadian manufacturers, plummeting oil prices,… Read more »
Lean Manufacturing Principles
According to Wikipedia, “lean is centered around creating more value with less work.” Lean manufacturing is basically creating a more streamlined process where we learn from our mistakes and reduce waste – whether physical waste or wasted time. It uses… Read more »
AMIS – Ontario’s Advanced Manufacturing Investment Strategy
Lines of credit have almost completely dried up in this recession, and it’s harder than ever for businesses to fund their new development projects. Ontario’s Advanced Manufacturing Investment Strategy (AMIS) is a great venue for Ontario manufacturers to pursue. What’s… Read more »
Save Money & Make Smart Decisions When Purchasing From Foreign Sources
Cambridge area manufacturer Purchasing Manager Walat Yasin offers the following advice to fellow companies: Buying foreign has become of great interest to our company recently, especially as we have the order quantities to justify the purchases and save significantly. We… Read more »
Continuous Improvement: What IS Kaizen?
We’ve all heard the term “Continuous Improvement.” We all know that it’s something we definitely want to strive for in our businesses – to constantly be working towards better efficiency, better effectiveness and better quality. But what is Kaizen, and… Read more »
SR&ED – Essential To Canadian Manufacturers
The current economic recession has proven to hit even harder than many economists anticipated. An estimated 129,000 Canadians lost their jobs in January alone, of which Statistics Canada reports that Ontario workers lost a staggering 71,000. Alberta, once a thriving,… Read more »