If manufacturers want higher efficiency, productivity, wages, and revenues, we recommend these three new year's resolutions:
- We will introduce LEAN concepts to eliminate waste. Through continuous improvement and LEAN tools, we will reduce waste to help the bottom line.
- We will introduce new technologies. New machinery investments are crucial to reducing waste and speeding up processes, resulting in better bottom lines.
- We will expand into international markets. Massachusetts statewide data show growth in exports in 2010 and 2011 due in part to specialized products and domestically healthy companies increasing their business internationally.