The problem is magnified in the Strait of Hormuz. Manufacturers can take steps to anticipate and mitigate risk.

It may be tempting to estimate the internal cost to run a part based solely on direct labor costs and machining cost per hour, but this often leads to a systemically high or low estimate of the make ...

Tesla’s sales growth in China has stagnated in 2024. Despite an increase in sales during the third quarter, Tesla’s market share in the new energy vehicle (NEV) market – which includes plug-in hybrids ...

Editor's Note: Hear more from Eric Lussier at the IndustryWeek Operations Leadership Summit, June 26-28, 2024, where he will co-present "Building a Business Excellence System from the Ground Up - An ...