Tag: Sector

4 Steps to Success in the Manufacturing Sector

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. A major sector of business is the manufacturing sector, a sector which is constantly in flux and is important for the societies it does business in. There are some keys to consider if launching into this sector. The following contributed post is entitled, 4 Steps to Success in the Manufacturing Sector.

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Working in the manufacturing sector is essential these days as this is a sector that provides so much to society. This is why you need to make sure you look at the right ways of being able to achieve greater success in this industry. Running a manufacturing business is an exact science, and you can’t afford to cut corners with this. Make the most of your business and ensure you look at some of the best ways of achieving success.

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The world of manufacturing is something that you need to make sure you get right as much as you can, and this is important for the future. Take a look at these 4 steps, and try to utilise them to look at what it takes to be a successful manufacturing business. You can do so much to take your company to the next level, and these are some of the essentials to keep in mind.

  1. Precision is Paramount

In the world of manufacturing, you have to do as much as you can to make sure you are precise and accurate. You can’t afford for things to be wrong, even slightly wrong. Make sure you think about what it takes to improve this, and what you can do to come up with some great ways of being more precise. Getting the best equipment and the most skilled workers is important, and you should also look to plan out any work before doing it.

  1. Get the Right Parts

Make sure you think about what it takes to get the right parts and make the best decisions that will help to improve your company. There are potentially a lot of parts you will need to source for the different elements of your manufacturing business, and this is something you need to make sure you get right. Head to Metrology Parts and check out the selection they have to offer in terms of the parts available.

  1. Focus on Efficiency

Efficiency is really important as a modern company, and this is something that can be even more crucial in the manufacturing industry. There is a lot to consider here, and you should think about what is involved in the process of becoming a more efficient business. You should look to do as much as you can to be more efficient as this is going to help improve the company in the best possible way.

  1. Protect the Company

Another thing you need to think about is how to protect the company in as many ways as possible. Specifically here, you need to think about how to protect your business property from physical damage and ensure your production line is running as much as possible. There are a lot of elements that play a role in this, and you are going to need to focus on getting this right as much as you possibly can.

These are some of the most important elements that you need to get right as a manufacturing business. They will help you be safe and secure and achieve success as a company, as well as improving the way you run your business. Try to implement these 4 steps in the best way you possibly can, and this is going to help you make the most of your business right now.

Challenges Facing The STEM Sector

Two key focuses of my blog are Career Discussions and STEM (Science, Technology, Engineering and Mathematics). While we’re encouraging participation in the STEMs today, there are potential challenges in the sector going forward which we must also be aware of. The following contributed post is entitled, Challenges Facing The STEM Sector.

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Without a thriving STEM sector, it is hard for a nation to rise and meet its obligations and challenges for the future. Considering that STEM stands for science, technology, engineering and mathematics, it’s easy to see just how much of what goes into building a country falls under that banner. Then, consider that (before Coronavirus hit, throwing all future plans into chaos), the USA is on target to have 2million STEM jobs unfilled from the 3.5million that it needs to source by 2025. America needs to work on its STEM shortage; so what can be done?

It seems clear that something needs to be done. 2025 isn’t some mythical far-off future; it’s five years away. STEM, by any reckoning, is a field from which we get doctors, pharmacists, engineers of all kinds and programmers, along with a great many other occupations. If there is a reluctance among younger people to focus on STEM subjects, and a lack of aspiration towards careers in the sector, what does the future hold for all of these industries?

There is a significant gender gap in STEM industries

It is easy to point fingers and find explanations for a shortfall of women in the STEM workforce, and yet… the key fact is that the industries are not attracting anywhere near as many young women as they need to be. At the crucial ages of 15-16 – just as they are starting to focus closely on what they’ll be doing at college – just 20% of girls have a positive impression of engineering jobs. Other numbers suggest that as many as three-quarters of school-age kids don’t understand what STEM careers entail – so creating the conditions to change this is an essential first step.

Concerningly, the reputation of science fields at academic institutions is not great from an equalities point of view, with women on campus reporting a pervasive culture of sexual harassment.

Less inward immigration means fewer overseas experts

Regardless of one’s political standpoint, it is necessary to point out that you can either have a world-leading STEM sector at all levels or a country that applies harsh limits on immigration. You cannot have both, and the numbers of H-1B visas being issued is trending downwards in all sectors – including to STEM graduates. This, according to experts in the field, is inevitably handing advantages to other countries – notably China which is home to 4.7 million graduates in the field, compared to America’s 560,000 as of 2016.

The term STEM is often poorly-defined

Who works in STEM, in your opinion? A few occupations were named above and, for sure, doctors and engineers are certainly STEM experts. Anyone getting in touch with LOC Scientific for essential lab equipment, or researching potential cures for illnesses like the one sweeping the planet right now is also a STEM worker. So, too, is any architect or therapist – and the lack of clarity over the definition of such a vital term could be overall off-putting for people who think about the whole sector as having to do with bubbling flasks and test-tubes. Perhaps, more than anything else, what STEM needs in the next five years is a rebrand.