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Break-even point: How much should you produce?
The break-even point is the combination of key values that will show you how much monthly income you need to meet to cover all the fixed and variable costs of your company. It is a calculation to ...
Cost Drivers: How much money do I need in my metalworking company?
"Cost drivers" also known as inducers or cost factors are the direct cause of a cost and their effect is on the total cost incurred.
Complete guide: statistical process control on the assembly line
Statistical Process Control (SPC) is a methodology used in industry to measure and control quality during the manufacturing process. Quality data in the form of product or process measurements is ...
Technology applied to hygiene and safety: use and benefits
Society and technology go together in terms of progress. As one grows the other adapts and vice versa. Evolution is continuous and simultaneous. But... why is this so? Well, human beings have the ...
The metalworking industry in South America: main obstacles
The metals industry is witnessing a period of low growth that has put pressure on prices and created uncertain demand in the industry. Coupled with a lack of supply chain visibility, price ...