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8 Cybersecurity Tips for Your Business

December 6, 2017 / by Guest Contributor posted in Industry News, Analytics and Technology

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Prime Advantage has invited industry experts to share insights on achieving manufacturing and business success. In this post, Digital Strategist, Danish Wadhwa, discusses how you can keep your company cyber-safe and secure.

survey by Nationwide informs that about eight in 10 small business owners do not have a plan to respond to the cyber-attack, even though most of them (63%) have previously suffered from at least one type of cyber-attack.

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3 Often-Missed Health Checks in the Workplace

November 5, 2017 / by Guest Contributor posted in Manufacturing, Industry News

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workplace-health-safetyPrime Advantage, an OMNIA Partner has invited industry experts to share insights on achieving manufacturing and business success. In this post, Emily Roberts discusses how businesses can overcome the challenges of employee safety.

Health and safety on the job site is absolutely essential. Ensuring that proper health and safety procedures are in place is about much more than just meeting legal requirements, it is about ensuring that employees have access to safe working conditions and showing that you as an employer take their health and wellbeing seriously. It is also not enough to simply hand out hard hats and other articles of safety, there are a number of other important checks that should be carried out in order to guarantee the safety of your employees.

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Looming Freight Capacity Concerns and Rising Rates

August 24, 2017 / by Guest Contributor posted in Manufacturing, Industry News

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Prime Advantage, an OMNIA Partner has invited industry experts to share insights on achieving manufacturing and business success. In this post, Neal Willis of ReTrans Freight, discusses upcoming freight limitations and price increases.

Summer’s window of vacations and time off are coming to an end and before we know it the holiday season will be upon us all the while freight shipments will continue to ramp up. Freight rates are poised to rise and the capacity situation will undoubtedly drive freight rates higher for shippers. Experts and analysts are warning shippers about the rising costs of freight rates and advising shippers to align 2018 for the pending crunch. Some brokerage heavy, large 3PLs have already fell victim to higher purchased transportation costs and their profits have taken a hit as a result.

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The Blockchain is Lowering Uncertainty in the Supply Chain

August 22, 2017 / by Dan Grant posted in Supply Chain Management, Industry News

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“There is a new technological institution that will fundamentally change how we exchange value,” says Bettina Warburg during her Ted Talk on blockchain and it’s growing importance in trade and the economy. Blockchain is the latest way we as a society are trying to lower uncertainty about one another so that we can exchange value. As we’ve evolved throughout history, we’ve built formal institutions like banks, governments, and corporations, all to facilitate trade with confidence. Blockchain is the next generation of enabling trade with increased levels of assurance.

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How Artificial Intelligence is Empowering Procurement

June 21, 2017 / by OMNIA Partners posted in Procurement, Industry News

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As the role of purchasing continues to expand and as time becomes more scarce, it’s good to know that help is on the way. Though artificial intelligence isn’t “help” in the traditional sense, its capabilities for strengthening procurement aren’t either. The benefits of AI are much more significant. And if your firm delays in embracing AI, it will be giving the competition who makes it a priority a leg-up. Any company looking to perform true strategic sourcing will need AI’s assistance in tackling the challenging and nuanced task.

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Technology Trends Driving The Future of Manufacturing

June 6, 2017 / by Guest Contributor posted in Manufacturing, Industry News

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Prime Advantage, an OMNIA Partner, has invited industry experts to share insights on achieving manufacturing and business success. In this post, tech enthusiast and freelance writer, Heather Redding, discusses the technologies changing the face of manufacturing.

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How to Maximize Your Cyber Security Without Sacrifice

May 19, 2017 / by Joe Ptak posted in Industry News

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Cyber security is as hot of a topic as there is out there right now. And that isn’t likely to change anytime soon, or possibly ever, as it is estimated that 75 billion devices will be connected to the internet by 2025. This is a matter that touches each and every one of us in our business and personal lives. If properly addressed, being surrounded by connected devices can significantly enhance our existence and elevate what we’re all capable of accomplishing. But if not taken seriously, the ramifications could cause significant hardships and bring our ambitions to a screeching halt.

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Overcoming the Top Challenges Facing Manufacturing Today

May 3, 2017 / by Mike McDonald posted in Manufacturing, Procurement, Industry News

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At the Prime Advantage Spring 2017 Conference, manufacturing professionals came together during the Business Roundtable and Benchmarking Sessions to discuss the biggest issues they’re currently dealing with and teased out solutions for tackling them. Members realize that they’re not alone in the challenges they encounter in their day-to-day activities and that through shared intelligence and experiences, there isn’t a single problem that couldn’t be solved together.

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What to Know When Considering Volume LTL Shipments

April 11, 2017 / by Guest Contributor posted in Industry News

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Prime Advantage, an OMNIA Partner, has invited industry experts to share insights on achieving manufacturing and business success. In this post, Neal Willis of ReTrans Freight, discusses the pros and cons of shipping volume LTL.

For most carriers, shipments begin to meet the cubic capacity limits around 750 cubic feet, which is roughly around 7 pallets and/or 6,000 lbs. When freight begins to approach these dimensions, it’s always wise to check LTL carrier volume rates for further options. Even though it doesn’t fill an entire trailer, shippers sometimes opt to send these moves via full truckload as a more economical alternative. Volume LTL is often overlooked as a cost-effective option and offers several advantages over full truckload or regular LTL.

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