The Covid-19 pandemic has produced one of the most dramatic and rapid economic crises the world has ever known. For heavy equipment manufacturers in particular, this has led to a drastic dip in new product sales. Yet, from every challenge, however, leaders can emerge stronger and more resilient than ever. And in a time of…
2020 is set to be a monumental year for the manufacturing industry. With 76 percent of voters interested in how presidential candidates will support and grow manufacturing in the U.S., all eyes are on leading original equipment manufacturers (OEMs) to make the months and years ahead their most productive yet. From new technology innovations to…
The midpoint of the year not only brings new challenges and opportunities, but also provides the chance to reflect and plan for the months ahead. The fast-approaching servitization-centered economy, where companies will no longer sell just products, instead owning the responsibility for the business outcome those products deliver, will encourage a shift to subscription-based businesses…